58B The Avenue, Ocean Grove, VIC 3226 | Property Value & History | OnTheHouse
OFF MARKET

58B The Avenue
Ocean Grove VIC 3226

Bedrooms: 4
Bathrooms: 4
Car spaces: 3
Land area: 425m2
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Property Details for 58b The Avenue, Ocean Grove

58b The Avenue, Ocean Grove is a 4 bedroom, 4 bathroom House with 3 parking spaces. The property has a land size of 425m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
House
Land Size
425m2
Local Government
Greater Geelong
Lot/Plan
2/PS901898

Last Listing description (April 2025)

Presenting an extraordinary, newly-built four-bedroom, four-bathroom home, a contemporary gem designed to offer luxurious holiday accommodations while serving as your personal haven when not in use. Anticipating an annual rate of approximately $180,000, this property provides a lucrative investment opportunity while ensuring an unparalleled experience for guests and owners alike. With the growing demand for upscale vacation rentals, this property is poised to attract discerning travelers seeking premium lodging. The option to purchase the showcased furniture adds further appeal, while investors can take advantage of favorable depreciation tax benefits associated with this property.

Nestled along the majestic Bellarine coastline, this residence boasts panoramic ocean views and sunlit interiors across its three stories. Spanning around 44 squares, this architectural masterpiece was meticulously crafted by Nolan Projects, Bluegrove Constructions, and Warren Hobbs Architects.

The gourmet kitchen is a haven for culinary enthusiasts, featuring high-end integrated appliances that seamlessly combine functionality with elegance. With a Smeg pyrolytic oven, steam oven, induction cooktop with integrated hood, and a convenient butler's pantry, it's designed to cater to your every need. Ascend the internal staircase to the expansive rooftop entertainer's deck, accessible through automatic Gorter doors, and soak in the breathtaking ocean views.

Every aspect of this luxury home has been carefully considered to provide the ultimate in refined living. Pamper yourself with towel rail heating in the master ensuite and under-tile heating in the main bathrooms. From the exquisite tapware to the opulent finishes, no detail has been overlooked. Bedrooms feature ample built-in storage, with the main and guest suites boasting walk-in robes. A study nook on the main level caters to those in need of a dedicated workspace.

Security and convenience are paramount, with a VIP vision intercom security system offering keyless remote entry and an Eltec HLB glass door lift facilitating effortless movement between floors. Automated blinds on the top level, along with a rooftop hatch for ventilation, enhance comfort and functionality. The property also includes a spacious 3-car garage with ample storage, an electric car charging point, and additional off-street parking.

The outdoor area beckons for year-round entertainment, featuring stylish limestone paving, a built-in BBQ, a cabana, and a sparkling heated mineral salt water pool-a private retreat for luxurious living and memorable gatherings.

Positioned just moments from the vibrant town center and a short stroll from both the stunning Ocean Grove Main Beach and the serene Barwon River, this magnificent home offers sweeping panoramic views of the ocean and river-a true reflection of contemporary coastal living.

Whether you envision this modern masterpiece as your permanent residence or as a holiday escape, you're poised to indulge in the epitome of luxury living. Don't miss out on the opportunity to own this exceptional property and create cherished memories for years to come.

Please note that all information provided by Pavilion Property is in good faith and derived from sources believed to be accurate and current at the date of publication. Pavilion Property acts as a conduit for this information and advises prospective purchasers to conduct their own inquiries. Pavilion Property will not be liable for any loss resulting from actions or decisions made in reliance on the provided information.

Property History for 58b The Avenue, Ocean Grove, VIC 3226

A timeline of how this property has performed in the market
Last Sold
$3,500,000
08 Dec 2024
  • 15 Jan 2025
    Listed for Sale Not Disclosed
  • 08 Dec 2024
    Sold for $3,500,000
  • 07 Jul 2024
    Listed for Rent $2,250 / week
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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 11,967 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.
There are currently 145 properties listed for sale, and 11 properties listed for rent in Ocean grove on OnTheHouse. According to Cotality's data, 491 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.