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Property Report & Market Data In Ocean Grove

Secure properties for sale and find the perfect house or unit to fit your budget. Property Market Data, House Prices, Investment Data & Full Suburb Profile

Average Market Value In Ocean Grove

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Ocean Grove’s property market has demonstrated strong capital growth over recent years with rising demand from owner-occupiers and investors. The median house price has grown steadily with solid volumes of sales and low vacancy rates. Unit prices also reflect increased buyer confidence in low-maintenance living close to the beach.

1020000

Median House Price

5 %

House Price Growth

765000

Median Unit Price

3.1 %

Unit Price Growth

Sales Trends In Ocean Grove

Stay ahead of the fast-moving sales trends around Ocean Grove
Sales activity in Ocean Grove has remained buoyant, with houses typically selling faster than the state regional average. Units have also seen increased interest, particularly among downsizers and investors. The market remains highly competitive.

195

Total Houses Sold

42

Total Units Sold

32

Days On Market (Houses)

3.8

Vendor Discount

Local Population Movement In Ocean Grove

Learn who is moving in and out of Ocean Grove! Is it on the rise or decline?
Population growth in Ocean Grove has been driven by both young families and retirees relocating from Melbourne and surrounding regions, attracted by lifestyle, amenity, and relative affordability. The area has seen continual population increases, supported by new housing developments and expanded local services.

18000

Population Size In Ocean Grove

2.5

Population Growth In Ocean Grove

35-44

Dominant Age Group InOcean Grove

Couples with children

Household Types In Ocean Grove

Market Decline or Growth Indicators For Ocean Grove

Learn who is moving in and out of Ocean Grove! Is it on the rise or decline?
Market indicators show a resilient and growing housing market, with limited supply keeping prices strong and rental demand high. Days on market are low compared to regional averages, and vendor discounts are modest, signalling competitive conditions.

5.1

Annual Price Growth In Ocean Grove

210

Sales Activity Rate In Ocean Grove

1.8

Average Stock Inventory Time InOcean Grove

Rental Yields and Demand In Ocean Grove

Find out if this is a good investment opportunity buying real estate in and around Ocean Grove
Rental yields for houses and units in Ocean Grove are stable, supported by high demand and short leasing periods. The strong local population growth has underpinned consistent tenant demand.

195

Total Houses Sold

42

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.8

Vendor Discount

Affordability and Finance Options For Ocean Grove

Home Loans: Financing Your Dream Home In Ocean Grove. Get Pre-Approved Today.

195

Total Houses Sold

42

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.8

Vendor Discount

Lifestyle and Amenities In and Around Ocean Grove

Ocean Grove Lifestyle: Why Live Here
Ocean Grove is a popular coastal township on the Bellarine Peninsula offering relaxed beachside living with modern conveniences. Residents have access to supermarkets, boutique shops, vibrant cafes, restaurants, medical centres, aquatic and sports facilities, and quality schools, all within a family-friendly atmosphere. Its proximity to beaches, walking trails, and recreation parks makes it highly desirable for both young families and retirees.

20

Parks Count

1

Suburb Area

1

Distance To CBD

Property Type Breakdown Ocean Grove

Ocean Grove Properties: Houses vs. Units

195

Total Houses Sold

42

Total Units Sold

32

Days On Market (Houses)

1024

Days On Market (Units)

2036

Hours Spent

3.8

Vendor Discount

Ocean Grove Suburb Information

Ocean Grove Suburb Stats
State: Victoria
City: Geelong
Population: 18,000
Postcode: 3226

Free Property Appraisal In Ocean Grove

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