7 Phoenix StreetOcean Grove VIC 3226
Property Details for 7 Phoenix St, Ocean Grove
Last Listing description (December 2025)
This expansive 768m allotment is an exceptionally rare offering in one of Ocean Grove's most desirable locations.
Boasting a north-facing backyard and an impressive 48m depth, it provides outstanding versatility for a wide range of premium home designs. Whether you're envisioning a generous family residence, sun-filled indoor-outdoor living, a pool, or sprawling lawn, this allotment delivers the space and orientation to bring your ideal coastal lifestyle to life.
Positioned within a well-established estate known for its quality homes, leafy streetscapes and easy access to schools, shopping, parklands and the beaches of Ocean Grove, the location offers long-term appeal for both owner occupiers and investors alike.
With all original developer lots now completely sold out, opportunities of this scale are increasingly limited. This is one of the very last chances to build your dream home in Oakdene Estate.
Property History for 7 Phoenix St, Ocean Grove, VIC 3226
- 03 Dec 2025Sold for $675,000
- 24 Nov 2025Listed for Sale $680,000
- 17 Apr 2021Sold for $520,000
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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 11,902 properties. Over the last 5 years, Houses in Ocean Grove have seen a -2.42% decrease in median value, while Units have seen a 3.98% increase. As at 31 July 2026:
- The median value for Houses in Ocean Grove is $1,026,772 while the median value for Units is $851,059.
- Houses have a median rent of $650 while Units have a median rent of $560.
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