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4/5230 Great Ocean Road, Wongarra$650,000
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4/5230 Great Ocean Road

Wongarra, VIC 3234, Australia
$630,000 – $670,000
3 bed 2 bath 1 car

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About this property

Wake up every morning to the sound of the waves breaking on the beach below and the sight of the sun rising over the ocean, and as an added bonus is to be sold fully furnished. Set on a grandstand ocean view position with uninterrupted views across Bass Strait, this exceptional 3-bedroom, 2-bathroom apartment, offers a rare opportunity to secure a piece of paradise in one of the most visually spectacular and tightly held stretches of the Great Ocean Road. Located within the exclusive Whitecrest Apartment complex, this property is held under a common share structure, offering a unique and accessible way to enjoy premium coastal living. This ownership model allows you to benefit from resort-style amenities and a low-maintenance lifestyle, while securing a foothold in a location where future development is strictly limited. Wongarra sits within a protected green belt, meaning no further residential development is permitted, ensuring your investment remains surrounded by pristine, unspoiled beauty. Just 16km from Apollo Bay, Wongarra is a peaceful coastal enclave known for its dramatic scenery, private beaches, and lush hinterland. With resort amenities including a swimming pool, tennis court, and recreation room, this property offers the perfect blend of relaxation and recreation. Apartment Features 3 spacious bedrooms with built-in robes 2 bathrooms, including spa bath in main Open-plan kitchen, living & dining Mezzanine second living area Expansive balcony & large sunny private deck with panoramic ocean views Split system heating/cooling Allotted car space No restrictions on personal use Proven Performer Apartment #4, has built a loyal following and a reputation that stands out. With consistently superior guest reviews and a high standard of presentation, it has delivered strong holiday rental returns of approximately $130,000 per year over the past two calendar years, this is a proven income-generating asset. Location Second to None With your own private beach just across the road and no further development allowed in Wongarra's green belt, this is a truly rare offering. Properties of this calibre and exclusivity are seldom available, and when they are, they don't last long. Please note: This property is designated for holiday accommodation and cannot be used as a principal place of residence.

Property Details

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

Repayment calculator

$3,151/month
$1,576 /fortnight
Loan $520,000 at 6.10% over 30 years

Upfront costs

Deposit$130,000
Stamp duty$34,070
Conveyancing (est.)$2,000
Total upfront$166,070
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 Wongarra

This 3-bedroom apartment in Wongarra, VIC 3234 sits within reach of local amenities. It is listed 67% below the $1.98m median of 6 comparable apartmentswithin 5 km.

Wongarra at a glance

Full suburb profile
Population
47
Median age
66
Household income
$1,093/wk
Median rent
$148/wk
Median mortgage
$602/mo

Source: ABS Census.

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