5-7 Asbury Street WOcean Grove VIC 3226
Property Details for 5-7 Asbury St W, Ocean Grove
5-7 Asbury St W, Ocean Grove is a 0 bedroom, 0 bathroom House with 2 parking spaces. The property has a land size of 2163m2 and floor size of 149m2.
Last Listing description (August 2026)
At a glance
* 7 Asbury Street West: Approximately 1,010 sqm of clear land
Abode
Presenting a AAA located parcel of vacant land offering a rare opportunity to craft your dream coastal residence or development opportunity. Located in a tranquil cul-de-sac with no through traffic, the elevated site provides the perfect canvas for creating a serene and private retreat.
* Elevated Position: Boasts a gently rising elevation, offering potential for stunning views of the Barwon River estuary and Bass Strait. This elevation not only enhances the visual appeal but also provides an excellent vantage point to capture the natural beauty of the surroundings.
* Prime Residential Opportunity: The sizable land presents ample space to design and construct substantial homes with generous indoor and outdoor living areas, perfect for families, retirees, or holidaymakers seeking a coastal lifestyle.
* Ideal for Developers & Builders: The site is a fantastic opportunity for developers and builders looking for a prime residential location with strong market appeal.
This property represents a unique chance to secure a substantial landholding in one of Ocean Grove's most sought-after locales. Whether you're looking to build a forever home, an investment property, or as a future development site (STCA), 7 Asbury Street West offer unparalleled potential in a coastal setting renowned for its natural beauty and community spirit.
Area
A short stroll of approximately 500 metres brings you to the picturesque Barwon River, ideal for leisurely walks, fishing, and kayaking. Ocean Grove Main Beach is approximately 1.5 kilometres away; this renowned surf beach offers golden sands and excellent surfing conditions, making it a favourite among locals and visitors alike. Ocean Grove Town Centre is situated about 1 kilometre from the properties; the vibrant town centre provides a range of amenities, including cafs, restaurants, shops, and essential services, ensuring convenience and a vibrant community atmosphere.
Property History for 5-7 Asbury St W, Ocean Grove, VIC 3226
- 23 Jun 2026Listed for Sale Private Sale
- 11 Mar 2026Listed for Sale Private Sale
- 18 Mar 2025Listed for Sale Private Sale
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0About 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 11,942 properties. Over the last 5 years, Houses in Ocean Grove have seen a -5.11% decrease in median value, while Units have seen a -1.99% decrease. As at 31 August 2026:
- The median value for Houses in Ocean Grove is $1,023,187 while the median value for Units is $800,447.
- Houses have a median rent of $650 while Units have a median rent of $560.
Suburb Insights for Ocean Grove 3226
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