5 Arcturus RoadOcean Grove VIC 3226
Property Details for 5 Arcturus Rd, Ocean Grove
5 Arcturus Rd, Ocean Grove is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 627m2. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 3 bedroom House sold in Ocean Grove in the last 12 months.
Last Listing description (August 2025)
Set on a generous 627m² (approx.) allotment with dual street frontages and two existing crossovers (STCA), this property presents an exciting opportunity to enter the Ocean Grove market with room to grow, improve, or potentially develop.
The home has been smartly updated in all the right places, featuring a modern kitchen and bathroom, while offering a functional floorplan with two separate living zones and an undercover alfresco area—perfect for families or entertainers. Previously configured as two self-contained units, it’s now a spacious single residence with flexibility to suit a range of lifestyles or future plans.
Outdoors, you'll find established gardens, raised veggie beds, and a large rear shed—ideal for storage, hobbies, or a dream workshop setup.
Located within walking distance to the beach and just moments from local shops, schools, and parks, this property combines space, location, and long-term potential in one compelling package.
Property History for 5 Arcturus Rd, Ocean Grove, VIC 3226
- 14 Aug 2025Sold for $730,000
- 21 May 2025Listed for Sale $720,000 - $790,000
- 17 Oct 2001Sold for $178,000
Recent sales nearby
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0About Ocean Grove 3226
The size of Ocean Grove is approximately 18.5 square kilometres. It has 22 parks covering nearly 16.5% of 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 11,882 properties. Over the last 5 years, Houses in Ocean Grove have seen a 20.24% increase in median value, while Units have seen a 12.55% increase. As at 31 December 2025:
- The median value for Houses in Ocean Grove is $1,048,109 while the median value for Units is $764,092.
- Houses have a median rent of $600 while Units have a median rent of $520.
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