38 Lake Ave, Ocean Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 604m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 3 bedroom House sold in Ocean Grove in the last 12 months.
Defined: Beautifully positioned alongside expansive parklands, this single-level layout with its inviting open-plan configuration, embraces a relaxed coastal lifestyle just a short walk from Blue Waters Lake. The north-facing design floods the interior with warmth, where the charm of solid timber floors and a gentle pitched roofline enriches the social heart with character.
Immediately comfortable with thoughtfully renovated interiors, this three bedroom home holds exciting potential for further updates (STCA), while its position just moments from the region’s best coastlines, cafes, and boutique retail keeps everyday amenities close by.
Considered:
Kitchen: Gas four-burner cooktop, underbench oven, dishwasher, overhead cabinetry with integrated rangehood, central island, dual sink with chrome tapware, window with roller blind, tiled splashback, solid timber floors, and laminate benchtops.
Open Plan Living/Dining: Solid timber floors, large window with street-facing aspect, front garden views, sliding door to front porch, and generous space for both living and dining zones. Spilt system.
Master Suite: Spacious layout with rear garden views, ceiling fan, carpet underfoot, a fully-fitted walk-in robe, and light-filled ensuite with single vanity with underbench storage, toilet, wall mirror, and shower.
Secondary Bedrooms: Two spacious bedrooms, each with carpet underfoot, ceiling fans, and a window with roller blind. One with built-in robes, and one with adjustable upright shelving.
Main Bathroom: Built-in tub with tiled surround, single vanity with underbench storage, wall mirror, small highlight window, shower, and separate toilet.
Outside: With a total of 604sqm (approx.), this flat block presents perfect for young children, families and pets, with an undercover rear deck extending outwards to open grass, shaded by an established substantial fig tree. Secured from the street with dual side fencing/pedestrian gate, the rear featuring a clothesline.
Luxury Inclusions: Split-system heating and cooling, ceiling fans throughout, solid timber floors across high-traffic areas, carpet in all three bedrooms, full laundry, low-maintenance gardens, storage room, and off-street parking across the drive.
Close by Facilities: Opposite Lake Avenue Reserve - including Blue Waters Playground, Barwon River, Ocean Grove Primary School, Ocean Grove Town Centre, Ocean Grove Beach, Ocean Grove Golf Course, public transport, and local walking tracks.
Ideal For: Savvy investors, holiday-makers, or those looking to future proof with added potential.
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The size of Ocean Grove is approximately 18.5 square kilometres. There are 22 parks, covering nearly 16.5% of the total area. The population of Ocean Grove in 2016 was 14165 people. By 2021 the population was 17714 showing a population growth of 25.0% in the area during that time. The predominant age group in Ocean Grove is 60-69 years. Households in Ocean Grove are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Ocean Grove work in a professional occupation.In 2021, 78.50% of the homes in Ocean Grove were owner-occupied compared with 76.10% in 2016.
Ocean Grove has 11,905 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:
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