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1/17 Lake Avenue, Ocean Grove$810,000
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1/17 Lake Avenue

Ocean Grove, VIC 3226, Australia
$790,000 – $830,000
1 bed 1 bath 2 car817 m²

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About this property

The Feel: A stone's throw from the Barwon River, 250m from Blue Waters Lake, and neighbouring the open green space of Pacey's Park and playground, this property presents a multitude of exciting possibilities in a premium lifestyle setting. Currently comprising an understated single level home, there's broad appeal for holiday makers seeking a no-fuss base for relaxed coastal getaways, while a level 817sqm (approx.) site presents fantastic scope to build a dream new home or luxury redevelopment (STCA). Move in while you plan your next project, or lease the home with ease, with its undeniable lifestyle appeal. The Facts: -Modest yet entirely comfortable single level home, jam-packed with potential for the future -Impressive 817sqm (approx.) allotment with the advantage of dual street access -Desirable north-to-rear orientation for sun-drenched outdoor living -Superb lifestyle location, so close to both the Blue Waters Lake and Barwon River -Enjoy as a fuss-free holiday or permanent home, or explore the possibilities for a luxury rebuild or complete redevelopment (STCA) -Existing home features multiple living spaces, adding flexibility to the floorplan -Kitchen with convenient breakfast island overlooks the open plan living hub -Adjoining generous rumpus room with seamless access to the alfresco zone -Carpeted bedroom with ceiling fan -Combined bathroom/laundry makes best use off space; separate WC -A 15-panel solar electricity system tackles rising energy costs with ease -Split system heating & cooling for seasonal comfort -DLUG + additional secure off-street parking via dual street access -Other outdoor features include garden shed & extensive rainwater storage -Live a lifestyle of ease with the river, lake, and golf course at your fingertips -You're also just minutes from the beach & shops, while proximity to Wallington Road allows an easy commute to Geelong The Owner Loves. "This has been our own private coastal haven a place to escape to for fuss-free getaways. The location is a true highlight, where we have loved being able to wake up to the sounds of the local birdlife and then take a walk around the lake each morning." *All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
2
Land Area
817 m²
Listed
3 months ago

Repayment calculator

$3,927/month
$1,963 /fortnight
Loan $648,000 at 6.10% over 30 years

Upfront costs

Deposit$162,000
Stamp duty$43,670
Conveyancing (est.)$2,000
Total upfront$207,670
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Ocean Grove

This 1-bedroom house in Ocean Grove, VIC 3226 sits within reach of public transport, local shops and nearby schools. It is listed 40% below the $1.34m median of 74 comparable houseswithin 5 km.

Schools near Ocean Grove

  • Ocean Grove Primary Schoolprimary · Prep-6 · CoEd
  • Our Lady Star of the Sea Schoolprimary · Prep-6 · CoEd
  • Surfside Primary Schoolprimary · Prep-6 · CoEd
  • Bellarine Secondary College-Ocean Grove Campussecondary

What's nearby

  • Sandpiper Ct/Presidents Ave (bus)1.3 km away
  • 7-Eleven2.8 km away
  • Arthur Powell Reserve2.1 km away
  • Unnamed2.4 km away
  • Begola Wetlands2.6 km away

Ocean Grove at a glance

Full suburb profile
Population
17,714
Median age
43
Household income
$1,837/wk
Median rent
$420/wk
Median mortgage
$2,000/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Ocean Grove price trend

Median sold · House 4 bed

Compound growth -3.1% / yr over 4 yrs

$1.10mcurrent median

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1 price change recorded for this property

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