Set on approximately 789m2 in Ocean Grove’s highest residential zoning (Residential Growth Zone Schedule 3) this property offers an exclusive development opportunity just moments from the town centre and surf beach (STCA).
Whether you’re envisioning your dream family home in a prime coastal location or planning a multi-dwelling development—such as luxury townhouses or apartments with three stories and underground parking (STCA)—this is an opportunity not to be missed.
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:
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