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23 Blue Waters Drive, Ocean Grove$1.05m
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23 Blue Waters Drive

Ocean Grove, VIC 3226, Australia
$1m – $1.10m
5 bed 3 bath 2 car591 m²

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About this property

Like a breath of fresh air with its beach washed ambience and sweeping westerly outlook, this captivating two storey coastal home, complete with a separate semi self contained bungalow, delivers peace, privacy and a prized Blue Waters Drive position. Enjoying tranquil birdsong drifting across the neighbouring lake and parkland, the home's lifestyle appeal is highlighted by its west facing living and alfresco zones, versatile two storey layout, and the added flexibility of income earning potential. Between newly installed timber look flooring and high square set ceilings, the main open plan family zone delivers a warmly welcoming kitchen, meals and living domain that spills onto a choice of elevated alfresco decks enjoying dramatic, ever changing sunset views across the treetops and surrounding landscape. Echoing the colours of sand and sky through its timber benchtops and feature cabinetry, the near new kitchen impresses with Westinghouse cooking appliances, a Smeg dishwasher, and a central island bench. Generous accommodation is led by the privately zoned main bedroom with walk in robe and deck access, serviced by a two way bathroom that functions as an ensuite. Downstairs, two further bedrooms include built in robes, while the spacious fourth offers versatility as an additional living zone. Freestanding and benefitting from independent access, the semi self contained bungalow with split system comfort presents an exciting opportunity for guest accommodation, Airbnb income, or a private retreat for teens or multi generational living. Set on 591sqm (approx.) of easy-care landscaped gardens, complete with two tiers of rear decking and meandering pathways, the home is further enhanced by a double lock up garage with rear pull through access, split system air conditioning, family bathroom, generous under stair storage, and a practical study nook. Enhanced by its fabulous location mere footsteps from Pacey's Park and the Blue Waters Lake Reserve with the Barwon River, iconic surf beaches, local cafés and the Ocean Grove Golf Club just moments away this is an exceptional opportunity to enjoy a serene lifestyle in a magnificent seaside setting.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
5
Bathrooms
3
Parking
2
Land Area
591 m²
Listed
4 weeks ago

Repayment calculator

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

Upfront costs

Deposit$210,000
Stamp duty$57,750
Conveyancing (est.)$2,000
Total upfront$269,750
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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 5-bedroom house in Ocean Grove, VIC 3226 sits within reach of public transport, local shops and nearby schools. It is listed 19% below the $1.30m median of 75 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)1.1 km away
  • 7-Eleven2.5 km away
  • Arthur Powell Reserve1.9 km away
  • Unnamed2.2 km away
  • Kingston Park2.3 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 5+ bed

Compound growth -5.7% / yr over 4 yrs

$1.16mcurrent median

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Price history

Price history

Listing price changes

2 price changes recorded for this property

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