Market snapshot
Suburb insights for Ocean Grove3226
Change suburbOcean Grove is the largest town on the Bellarine Peninsula covering about 20 square kilometres to the east of the Barwon River mouth. It enjoys the whole range of river and ocean activities. More and more residents commute to Geelong and the relative number of holiday homes has declined but Ocean Grove is still a thriving holiday resort.
Sales data
Median sale price
$950k
Quarterly price change
0%
Regional Victoria Comparison
$620k
2.6%
| Bedrooms | Ocean Grove | Regional comparison |
|---|---|---|
| 2 | - | $415,000 |
| 3 | $850,000 | $535,000 |
| 4 | $1,070,000 | $700,000 |
| Insight | Ocean Grove | Regional comparison |
|---|---|---|
| Clearance rate | 70.7% | |
| Days on market | 86 | 68 |
Rental data
Median weekly rent
$580
Rental yield
3.2%
Regional Victoria Comparison
$480
4.2%
| Bedrooms | Ocean Grove | Regional comparison |
|---|---|---|
| 2 | $500 | $400 |
| 3 | $540 | $460 |
| 4 | $650 | $550 |
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