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1/38 Coolamon Close, Ocean Grove$1.51m
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For Salehouse

1/38 Coolamon Close

Ocean Grove, VIC 3226, Australia
$1.45m – $1.57m
1 bed 1 bath 2 car7927 m²

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About this property

Discover an exceptional lifestyle opportunity - a secluded, nature-rich retreat set on just under 2 acre (7,908m2) block, right in the heart of Ocean Grove. This expansive 7,908m² allotment offers unmatched privacy, abundant wildlife, and unbeatable convenience, all within a short stroll to local shops and schools. Surrounded by natural bushland, the property feels like a world of its own. Tawny frogmouths, wallabies, and other native visitors frequent the treed landscape, creating a truly peaceful and immersive environment rarely found so close to town. Positioned on the site is a Treehab Mountain Ash tiny home, currently operating as a successful short-stay accommodation generating approximately $30,000 per annum. With a new value of around $150,000, buyers have the flexibility to keep it onsite for ongoing income, sell it or even live in it while they design their dream retreat. Electricity, water, sewerage and Nbn have already been connected to the chosen new home location, streamlining your future build and unlocking incredible potential. Whether you're seeking a serene lifestyle change, an investment opportunity, or the perfect blank canvas to craft a forever home, this is one of Ocean Grove's most unique and tightly held offerings - a treed escape where privacy, nature, and convenience converge. Key Features: Just under 2 acres / 7,908m² of natural bushland Peaceful setting with regular wildlife sightings A short walk to shops, primary & secondary schools, Leisure centre at the end of the street and everyday conveniences Services connected to the designated new home site Treehab Mountain Ash tiny home generating approx. $30K p.a. Tiny home valued at approx. $150,000 new - keep or sell A rare chance to secure true acreage in central Ocean Grove next to the Nature Reserve & Kingston Park Opportunities like this almost never come to market. Acreage of this scale, in such a central Ocean Grove location, is exceptionally rare and highly sought-after. If you've been waiting for the perfect blend of privacy, nature and convenience - this is it. Act quickly. Contact us today to secure one of Ocean Grove's most unique lifestyle holdings before it's gone.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
1
Bathrooms
1
Parking
2
Land Area
7927 m²
Listed
3 months ago

Repayment calculator

$7,320/month
$3,660 /fortnight
Loan $1,208,000 at 6.10% over 30 years

Upfront costs

Deposit$302,000
Stamp duty$83,050
Conveyancing (est.)$2,000
Total upfront$387,050
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 69% above the $895,000 median of 73 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

  • Coolamon Cl/Shell Rd (bus)383 m away
  • Woolworths529 m away
  • Unnamed243 m away
  • Kingston Park465 m away
  • Unnamed502 m 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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Price history

Price history

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1 price change recorded for this property

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