98 Eggleston StreetOcean Grove VIC 3226
Property Details for 98 Eggleston St, Ocean Grove
Last Listing description (December 2025)
Positioned within a lifestyle lover’s playground of beaches, surf breaks, and Ocean Grove’s lively shopping and dining precinct, this level 1,051sqm (approx.) corner allotment offers a dream site to construct a contemporary coastal residence in an elite heart-of-town locale. A truly rare and remarkable offering, it is one of the largest vacant landholdings available in such a premier position.
The location and sheer land size will appeal to buyers seeking a blue-chip base for a luxury new home, while developers will see the exciting potential to construct a multi-dwelling development, backed by Residential Growth Zone 3 (affording construction up to 11-metres).
Offering a blank canvas of possibilities, the cleared and level site invites families and developers alike to maximise its elevation and capture the ever-changing spectacle of Bass Strait from potential second and third storeys.
Draw inspiration from neighbouring properties where sophisticated standalone residences and luxury townhouses sit harmoniously in this vibrant coastal landscape, or bring your own vision to life in this unrivalled position with its vast lifestyle rewards.
Perfect for a permanent sea-change or sensational weekend escape, the location is within 500m of both the sparkling shoreline and the retail and culinary delights of The Terrace, making leisure and lifestyle a daily delight.
Whether you’re planning to build a luxurious family retreat or unlock the full development potential of this blue-chip site, this is a rare chance to realise your beachside dream and secure a significant footprint in the heart of Ocean Grove.
Opportunities of this size and stature in Ocean Grove’s town centre are exceptionally rare - act now to create something truly extraordinary.
Property History for 98 Eggleston St, Ocean Grove, VIC 3226
- 15 Dec 2025Sold for $1,600,000
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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 11,883 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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