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140 Powell Street East, Ocean GrovePrice Withheld
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140 Powell Street East

Ocean Grove, VIC 3226, Australia
Price Withheld
4 bed 1 bath 2 car814 m²

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About this property

The Feel: Set on an expansive 814sqm (approx.) allotment in a tightly held pocket of Old Ocean Grove, this solid brick home presents an exceptional opportunity to secure scale, position and future potential in one compelling package. Surrounded by established trees and generous gardens, the property offers immediate comfort with scope to renovate, extend or redevelop (STCA). Inside, original character and a practical single-level layout provide a functional base, while the deep backyard and wide frontage invite imagination. With direct access to the sporting precinct, just 900m to the town centre and only 750m to the beach, the lifestyle credentials are equally impressive. Whether you choose to modernise, reconfigure or create something entirely new, the proportions and prime positioning of this site make it a rare and exciting prospect. The Facts: -Expansive 814sqm (approx.) allotment in tightly held Old Ocean Grove -Exceptional land value & future flexibility in a proven growth location -Solid brick, single-level residence with generous proportions, presents as a comfortable home -Exciting scope for renovation, extension or redevelopment (STCA) -Wide frontage & deep rear yard provide excellent design potential -Established gardens & mature trees create privacy & natural beauty, with substantial lawn areas -Light-filled formal living room positioned at the front of the home, enjoying garden outlooks -Original kitchen with ample cabinetry & adjoining meals area -Easy indoor-outdoor flow via sliding doors to the rear garden -Flexible floorplan with 3 bedrooms plus versatile extra room for home office -Well-proportioned bedrooms with built-in storage, serviced by a central bathroom -Practical laundry with external access -Separate garage & additional shedding provide storage plus generous off-street parking -Direct access to the sporting precinct, just 900m to town centre & 750m to the beach The Owner Loves. "Being able to walk to the beach, the sporting grounds and into town has made everyday life so easy. We've always treasured the size of the block and the established gardens it's really exciting to see what someone new could create here." *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 enquiries 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
4
Bathrooms
1
Parking
2
Land Area
814 m²
Listed
3 months ago

Repayment calculator

$5,090/month
$2,545 /fortnight
Loan $840,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$210,000
Stamp duty$57,750
Conveyancing (est.)$2,000
Total upfront$269,750
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 4-bedroom house in Ocean Grove, VIC 3226 sits within reach of public transport, local shops and nearby schools.

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

  • Unnamed (bus)329 m away
  • Discount1.6 km away
  • Arthur Powell Reserve242 m away
  • Unnamed248 m away
  • Begola Wetlands472 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

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Ocean Grove market

Within 5km

Nearby Properties

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