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24 Mallaluka Avenue

Ocean Grove, VIC 3226, Australia
$2.25m
4 bed 2 bath 2 car1291m²

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Area Price Guide
$2.12m$2.38m

Indicative price guide range

🏘️
68
Comparable
📊
$1.25m
Area median
⚖️
+80%
vs median
📐
$1,743
Per m²
📏
1291 m²
Land
🗓️
2 months ago
Listed

Approximate location shown. Contact agent for exact address.

Property Insights

Schools · zoning · transport · traffic · flood · bushfire · crime · development · heritage

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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 Features

    View full listing on Domain

    See all photos, agent details & contact options on the original source.

    Repayment calculator

    $10,908/month
    $5,454 /fortnight
    Loan $1,800,000 at 6.10% over 30 years

    Upfront costs

    Deposit$450,000
    Stamp duty$126,250
    Conveyancing (est.)$2,000
    Total upfront$578,250
    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.

    Property Details

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

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