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2/63 Draper Street, Ocean Grove$600,000
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For Saleapartment

2/63 Draper Street

Ocean Grove, VIC 3226, Australia
$575,000 – $625,000
2 bed 1 bath 1 car

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About this property

Tucked away in a quiet and well maintained setting, 2/63 Draper Street presents an outstanding opportunity to secure a low maintenance home in the heart of the ever popular Ocean Grove. Neat, tidy and full of potential, this single level residence offers comfortable living today while providing exciting scope to update or renovate over time. In largely original condition, the home invites buyers to add their own touch and create something truly special, whether that be a stylish coastal retreat, downsizer or investment in a high demand seaside market. Positioned to enjoy everything that makes Ocean Grove so desirable, you're just moments from pristine surf beaches, scenic walking tracks and the relaxed coastal lifestyle the Bellarine Peninsula is known for. With kilometres of sandy shoreline and a strong connection to nature, the area offers an enviable balance of recreation and tranquility. The vibrant local community is a major drawcard, with a welcoming small town feel complemented by excellent amenities. Cafés, restaurants, shopping precincts, schools and medical facilities are all within easy reach, ensuring everyday convenience without compromising on lifestyle. Whether it's a morning coffee on The Terrace, a day at the beach or an evening with friends, Ocean Grove continues to stand out as one of the region's most sought after coastal destinations. Offering immediate comfort with future upside, this is a rare chance to secure a foothold in a thriving beachside community where demand remains consistently strong.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 months ago

Repayment calculator

$2,909/month
$1,454 /fortnight
Loan $480,000 at 6.10% over 30 years

Upfront costs

Deposit$120,000
Stamp duty$31,070
Conveyancing (est.)$2,000
Total upfront$153,070
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 2-bedroom apartment in Ocean Grove, VIC 3226 sits within reach of public transport, local shops and nearby schools. It is listed 52% below the $1.25m median of 76 comparable apartmentswithin 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

  • The Avenue/Eggleston St (bus)215 m away
  • Woolworths1.9 km away
  • Arthur Powell Reserve394 m away
  • Unnamed644 m away
  • Begola Wetlands841 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 · Unit 2 bed

Compound growth +3.1% / yr over 4 yrs

$685kcurrent median

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

Full Ocean Grove market

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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Within 5km

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