4/58 Powell Street W, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

4/58 Powell Street W
Ocean Grove VIC 3226

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 87m2
Land area: 102m2
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Last updated 13 Jul 2026
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Property Details for 4/58 Powell St W, Ocean Grove

4/58 Powell St W, Ocean Grove is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1955. The property has a land size of 102m2 and floor size of 87m2.

Building Type
Unit
Year Built
1955
Floor Size
87m2
Land Size
102m2
Local Government
Greater Geelong
Lot/Plan
4/SP29411

Last Listing description (June 2026)

Positioned in one of Ocean Grove's most sought after locations, 4/58 Powell Street West, Ocean Grove. Leave the car parked securely in the single carport and enjoy the convenience of having everything Ocean Grove has to offer right at your doorstep.
Just a few doors away, at the end of the street, is the Ocean Grove Park, a vibrant community hub hosting markets, fairs, festivals and town events throughout the year. Continue another 100 metres and you'll arrive in the heart of the town centre, where you'll
find supermarkets, cafes, boutique shopping and exciting dining destinations including Pholklore, Red Park and The Rove Bar.

Lovingly held by the current owner for many years, this cherished brick unit has been the setting for countless family holidays, weekends away and treasured memories. It is time for a new chapter.
Freshly painted throughout and move-in ready, the home welcomes you into a private and peaceful lounge room featuring a sunny easterly aspect, cosy gas wall furnace and wall to wall carpeting. Two spacious bedrooms with built-in storage are positioned off the living area, providing comfortable accommodation.
The original kitchen and dining area offer a delightful retro charm, remaining clean, functional and full of character, while also presenting exciting opportunities for renovation and modernisation. The bathroom and laundry retain the same practical appeal and are complemented by the convenience of a separate toilet.
Set on approximately 102sqm of land, the property boasts a generous north-facing courtyard - the perfect place to enjoy a morning coffee, soak up the sunshine or simply relax.
It's all about location, location, location. With the main beach, river, shopping precinct and dining options all within walking distance, this is an exceptional opportunity to secure a home in one of Ocean Grove's most sought-after positions.

Property History for 4/58 Powell St W, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
  • 05 Jun 2026
    Listed for Sale $600,000-$640,000
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About Ocean Grove 3226

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 11,874 properties. Over the last 5 years, Houses in Ocean Grove have seen a -0.83% decrease in median value, while Units have seen a -0.32% decrease. As at 30 June 2026:

  • The median value for Houses in Ocean Grove is $1,034,776 while the median value for Units is $844,094.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 126 properties listed for sale, and 26 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 535 properties were sold in the past 12 months in Ocean grove.

Suburb Insights for Ocean Grove 3226

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.