4 Elva Road, Ocean Grove VIC 3226

4 Elva Road, Ocean Grove VIC 3226
3 bed | 341m² lot | refreshed coastal home | walk to beach & school | steady family appeal| This three-bedroom house on a 341sqm block suits downsizers or small families drawn to low-maintenance coastal living near Blue Lake and the beach. Its compact land size supports practical everyday use without the demands of larger blocks, focusing on indoor-outdoor flow via expansive decks and landscaped gardens. The two-storey layout with study and multiple living zones fits neatly into a street of similar weatherboard homes in this old Ocean Grove pocket, blending established charm with recent updates like ducted heating and epoxy garage flooring. Buyers typically include sea-changers or locals seeking refined retreats under 350sqm, valuing the privacy from high gates and proximity to shops over expansive yards. Properties like this hold value through consistent demand for walkable beach access and school zoning, showing resilience even in softer markets as seen in recent comparable sales. The orientation capturing river glimpses adds subtle long-term allure for relaxed holding, while quality finishes ensure it outperforms dated peers on the street. In a neighbourhood prizing convenience over scale, this setup appeals to those prioritising lifestyle efficiency. Its position underscores enduring interest from permanent residents who favour substance over size. Overall, the refined execution positions it well for buyers eyeing hassle-free coastal tenure.

Market Insight:

Ocean Grove is one of the Bellarine Peninsula’s most popular coastal towns attracting families, retirees, and lifestyle buyers. Housing demand is driven by its beaches, growing population, and proximity to Geelong. House prices have experienced strong long-term growth, reflecting the suburb’s lifestyle appeal and limited coastal supply. The area offers schools, retail centres, and recreational amenities alongside its beachside environment.

PropCred Estimated Value

Bedrooms

3

Bathroom

2

Parking

2

Land

341m²

Built

Recent Assessments