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58 Orton Street, Ocean Grove$1.05m
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58 Orton Street

Ocean Grove, VIC 3226, Australia
$1m – $1.10m
346 m²

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About this property

A rare opportunity awaits just 250 metres from the golden shores of Ocean Grove, where two adjoining vacant parcels offer an exceptional chance to create your dream home in one of the town's most tightly held addresses. Privately positioned just metres from the lively charm of The Terrace shopping and dining precinct, this dual-lot offering (totalling approx. 304sqm) comes complete with approved plans and permits for two striking tri-level townhouses - an architectural vision that celebrates light, space and refined seaside living. The blocks are located within Ocean Grove's Residential Growth Zone Schedule 3 (RGZ3) - a high-density zoning that supports increased residential development. This zoning adds significant value and potential for developers or lifestyle buyers seeking to capitalise on the area's strong growth and demand. Conceived by locally based architects, Accord Building Design, the plans encompass generous four-bedroom, three-bathroom layouts, internal lifts, expansive open living zones and double garages. Private outdoor entertaining areas invite sunset gatherings, while the potential for plunge pools enhances the resort-style allure. Whether you build both luxury homes as a high-end investment, or design your own sanctuary by the sea (STCA), this offering blends architectural possibility with an unbeatable coastal lifestyle. Highlights Include: Two vacant, side-by-side parcels on one title - total approx. 304sqm Approved architectural plans for two luxurious tri-level townhouses Each design includes 4 bedrooms, 3 bathrooms, multiple living areas, lift, and secure double garage Welcoming outdoor zones with space for a plunge pool Coveted walk-everywhere location just 250m to Ocean Grove Main Beach and 150m to cafés, boutiques & restaurants Potential upper-level views to The Bluff and Barwon River Ideal for luxury developers, investors or coastal lifestyle seekers No build delays - plans and permits in place

Property Details

Property Type
land
Listing Type
For Sale
Land Area
346 m²
Listed
3 months 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
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 land in Ocean Grove, VIC 3226 sits within reach of public transport, local shops and nearby schools. It is listed 31% below the $1.51m median of 78 comparable landswithin 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

  • Ocean Grove Shops/The Terrace (bus)456 m away
  • Discount2.8 km away
  • Arthur Powell Reserve1.3 km away
  • Unnamed1.3 km away
  • Begola Wetlands1.4 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 4 bed

Compound growth -3.1% / yr over 4 yrs

$1.10mcurrent median

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Full Ocean Grove market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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