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24 Mallaluka Avenue, Ocean Grove$2.36m
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For Salehouse

24 Mallaluka Avenue

Ocean Grove, VIC 3226, Australia
$2.25m – $2.48m
4 bed 2 bath 2 car1291 m²

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About this property

A sensational opportunity to take your place in a blue-chip Ocean Grove position, this elevated holding captures sweeping views across the ocean, bluff, and river estuary. Spanning two titles and a combined 1,291sqm (approx.), it includes an original residence and offers a rare canvas for bold architectural ambitions. Cherished by one family for more than 60 years, this tightly-held offering presents flexible buying options, with the adjoining lots available to purchase together or individually. The possibilities are extensive enjoy the property as is, elevate with a contemporary refurbishment, or pursue a full redevelopment to create your ultimate seaside escape (STCA). Well-kept over its lifespan, the existing double-storey brick home blends seamlessly into its natural surrounds and radiates a soothing coastal charm with its pitched ceilings, gas log fire, and lashings of natural light that underpin its timeless character. Expansive windows perfectly frame the home's postcard panoramas over an ever-changing coastal landscape and painterly skies, enjoyed across the home's impressively proportioned living and sleeping zones. Two spacious living areas are divided by a wraparound kitchen with five-burner cooktop, Neff wall oven, and Asko dishwasher, while an alfresco deck provides an ideal spot for family barbecues and soaking up the seaside ambience. Accommodation hosts three bedrooms on the upper level, including the privately zoned main with nearby access to a skylit bathroom, while downstairs presents ideal guest accommodation with a fourth bedroom and second bathroom. Completing the package is ducted heating, split system air-conditioning, a double garage, and extensive under-house storage. Whether looking to update or start again, you'll find inspiration at every turn, with some of the Bellarine Peninsula's most exclusive properties gracing the streetscape, all while enjoying easy proximity to the beach, river, and village shopping and dining.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
2
Land Area
1291 m²
Listed
3 months ago

Repayment calculator

$11,453/month
$5,727 /fortnight
Loan $1,890,000 at 6.10% over 30 years

Upfront costs

Deposit$472,500
Stamp duty$133,563
Conveyancing (est.)$2,000
Total upfront$608,063
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. It is listed 82% above the $1.30m 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

  • Asbury St West/Presidents Ave (bus)803 m away
  • 7-Eleven2.7 km away
  • Arthur Powell Reserve1.6 km away
  • Unnamed1.8 km away
  • Begola Wetlands2.0 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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Price history

Price history

Listing price changes

1 price change recorded for this property

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