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5 Driftwood Street, Ocean Grove$1.65m
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For Salehouse

5 Driftwood Street

Ocean Grove, VIC 3226, Australia
$1.60m – $1.70m
3 bed 2 bath 2 car933 m²

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About this property

Set within one of old Ocean Grove's most atmospheric pockets, this exceptional home is immediately defined by its setting. Mature trees filter the light, soften every outlook and create a rare sense of privacy close to Blue Waters Lake, the Barwon River and surrounding parklands. Designed to follow the fall of the land, split level form balances scale, function and a strong connection to the landscape. Beautiful hardwood floors carry through the expansive upper living and dining zone, where skylights draw daylight deep into the interior and broad windows frame the greenery beyond. Stone surfaces, shaker style cabinetry, quality appliances and a generous island give the kitchen a refined finish and a natural connection to the living space. Three bedrooms sit on one level, including a serene main suite, while two beautifully finished bathrooms feature floating vanities, refined tiling and soft LED illumination. Downstairs takes on a more relaxed character, with polished concrete floors, a gas log fire and full height glazing drawing the trees into the second living area. Doors open to a broad entertaining deck with an integrated barbecue and drinks fridge, creating an inviting setting for long lunches and evenings outdoors. A dedicated study adds flexibility for working from home, while ducted heating & cooling, ceiling fans, excellent storage, a fitted laundry, carport and garden shed support easy living. Beyond the deck, established native planting, timber edged terraces and pathways descend to a secluded firepit. The garden feels immersive and established, offering children room to explore and adults somewhere genuinely peaceful to retreat. Equally compelling as a permanent family home or a refined coastal escape, the property sits close to Groove Cafe and Ocean Grove Golf Club, with the town centre and beach also within easy reach. - Wake to treetop calm in a private old Ocean Grove pocket - Let family life spread easily across two distinct levels - Beautifully appointed kitchen for cooking and conversation - Retreat to fireside comfort when the weather turns - Entertain above the garden with everything close at hand - End the day beneath the trees around your own firepit

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
2
Parking
2
Land Area
933 m²
Listed
1 week ago

Repayment calculator

$7,999/month
$4,000 /fortnight
Loan $1,320,000 at 6.10% over 30 years

Upfront costs

Deposit$330,000
Stamp duty$90,750
Conveyancing (est.)$2,000
Total upfront$422,750
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 3-bedroom house in Ocean Grove, VIC 3226 sits within reach of public transport, local shops and nearby schools. It is listed 27% above the $1.30m median of 73 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

  • Thacker St/Presidents Ave (bus)1.2 km away
  • 7-Eleven2.5 km away
  • Arthur Powell Reserve2.0 km away
  • Unnamed2.4 km away
  • Kingston Park2.4 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 3 bed

Compound growth -4.2% / yr over 4 yrs

$880kcurrent median

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Price history

Listing price changes

1 price change recorded for this property

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