45 Mermaid Avenue, Ocean Grove, VIC 3226 sold on 12 September 2025 | OnTheHouse
SOLD
Sold on 12 Sep 2025 for $1,235,000

45 Mermaid Avenue
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 604m2
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Property Details for 45 Mermaid Ave, Ocean Grove

45 Mermaid Ave, Ocean Grove is a 4 bedroom, 3 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 September 2025. There are other 4 bedroom House sold in Ocean Grove in the last 12 months.

Building Type
House
Land Size
604m2

Last Listing description (September 2025)

Perched atop one of Ocean Grove’s most desired pockets with first-class views encompassing the Barwon River, Bluff, and Bridge, this four-bedroom sanctuary on a low-maintenance 604sqm (approx.) allotment delivers a serene and versatile living experience for the most discerning of families.


Simply sublime with a top-to-toe renovation, it offers luxurious interior and exterior spaces across a multi-level layout, internally finished to a high standard with towering pitched ceilings, Tasmanian Oak flooring, timber panelling, and expanses of double glazing.


Stunning by day and spectacular by sunset, the far-reaching views are one of the heroes of this residence, best enjoyed from the expansive open plan living domain and full-width alfresco deck, perfect for hosting large-scale soirees or relaxed family dinners equally.


The wow factor extends to the exquisite island kitchen and butler’s pantry, finished in thick stone benchtops and effortlessly catering to the masses with 900mm wall oven, five-burner cooktop, Bosch dishwasher, and unending storage.


Accommodation is headlined by the privately zoned main bedroom, forming its own five-star retreat with a sitting area, fitted dressing room, courtyard access, and hotel-style twin ensuite featuring a double shower and luxe back-to wall freestanding bath.


The upper-ground floor pampers kids’ rest, work, and play, with a further three bedrooms (built-in robes) alongside a welcoming second living area, two plush bathrooms, and a fitted study zone.


Meticulously thought-out for practical family living, there’s also a semi self-contained studio with kitchenette and toilet – ideal as a home business base, gym, or overflow living/games room – plus a lined attic room, laundry with handy drying racks, mud room, and north-facing back yard with easy-care faux turf.


Hydronically heated with additional reverse cycle climate control, this superb home even has an eye to the future with high-specification efficiencies including a 22-panel solar electricity system with battery back-up.


Perfecting a prized permanent or holiday lifestyle, the lucky purchaser will enjoy easy access to the Blue Waters Lake and playgrounds plus zoning for the renowned local primary school, all while being just a stone’s throw from Ocean Grove’s pristine beaches, Barwon River walking trails, and the town centre shopping and dining.

Property History for 45 Mermaid Ave, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$1,235,000
12 Sep 2025
  • 12 Sep 2025
    Sold for $1,235,000
  • 25 Mar 2025
    Listed for Sale $1.495m- $1.644m
  • 08 Jan 2020
    Sold for $760,000
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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 11,855 properties. Over the last 5 years, Houses in Ocean Grove have seen a 4.87% increase in median value, while Units have seen a 7.47% increase. As at 31 May 2026:

  • The median value for Houses in Ocean Grove is $1,069,181 while the median value for Units is $858,368.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 122 properties listed for sale, and 28 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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Brock Grainger
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Brilee Stephenson
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RT Edgar Ocean Grove
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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.