4/5230 Great Ocean Road, Wongarra, VIC 3234 | Property Value & History | OnTheHouse
OFF MARKET

4/5230 Great Ocean Road
Wongarra VIC 3234

Bedrooms: 3
Bathrooms: 2
Car spaces: -
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Property Details for 4/5230 Great Ocean Rd, Wongarra

4/5230 Great Ocean Rd, Wongarra is a 3 bedroom, 2 bathroom Unit.

Building Type
Unit
Local Government
Colac Otway

Last Listing description (November 2025)

Wake up every morning to the sound of the waves breaking on the beach below and the sight of the sun rising over the ocean, and as an added bonus is to be sold fully furnished. Set on a grandstand ocean view position with uninterrupted views across Bass Strait, this exceptional 3-bedroom, 2-bathroom apartment, offers a rare opportunity to secure a piece of paradise in one of the most visually spectacular and tightly held stretches of the Great Ocean Road.

Located within the exclusive Whitecrest Resort, this property is held under a common share structure, offering a unique and accessible way to enjoy premium coastal living. This ownership model allows you to benefit from resort-style amenities and a low-maintenance lifestyle, while securing a foothold in a location where future development is strictly limited. Wongarra sits within a protected green belt, meaning no further residential development is permitted, ensuring your investment remains surrounded by pristine, unspoiled beauty.
Just 16km from Apollo Bay, Wongarra is a peaceful coastal enclave known for its dramatic scenery, private beaches, and lush hinterland. With resort amenities including a swimming pool, tennis court, and recreation room, this property offers the perfect blend of relaxation and recreation.

Apartment Features
3 spacious bedrooms with built-in robes
2 bathrooms, including spa bath in main
Open-plan kitchen, living & dining
Mezzanine second living area
Expansive balcony & large sunny private deck with panoramic ocean views
Split system heating/cooling
Allotted car space
No restrictions on personal use

Proven Performer
Apartment #4, has built a loyal following and a reputation that stands out. With consistently superior guest reviews and a high standard of presentation, it has delivered strong holiday rental returns of approximately $130,000 per year over the past two calendar years, this is a proven income-generating asset.

Location Second to None
With your own private beach just across the road and no further development allowed in Wongarra's green belt, this is a truly rare offering. Properties of this calibre and exclusivity are seldom available, and when they are, they don't last long.

Please note: This property is designated for holiday accommodation and cannot be used as a principal place of residence.

Property History for 4/5230 Great Ocean Rd, Wongarra, VIC 3234

A timeline of how this property has performed in the market
  • 31 Oct 2025
    Listed for Sale $790,000
  • 27 Jul 2023
    Listed for Sale Not Disclosed
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About Wongarra 3234

The size of Wongarra is approximately 37.9 square kilometres. It has 3 parks covering nearly 94.3% of total area. The population of Wongarra in 2016 was 37 people. By 2021 the population was 47 showing a population growth of 27.0% in the area during that time. The predominant age group in Wongarra is 70-79 years. Households in Wongarra are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Wongarra work in a labourer occupation.In 2021, 85.00% of the homes in Wongarra were owner-occupied compared with 82.30% in 2016.

Wongarra has 82 properties. Over the last 5 years, Houses in Wongarra have seen a 117.06% increase in median value. As at 31 October 2025:

  • The median value for Houses in Wongarra is $2,817,290 while the median value for Units is $364,599.
There are currently 3 properties listed for sale, and no properties listed for rent in Wongarra on OnTheHouse. According to Cotality's data, 1 property were sold in the past 12 months in Wongarra.

Suburb Insights for Wongarra 3234

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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.