20 Statesman Parkway Ocean Grove VIC 3226

4-bedroom modern house | quiet family pocket | secure backyard with alfresco | strong rental demand The property offers a rare combination of a functional four-bedroom layout on a manageable 351m² lot, making it competitively positioned for first-home buyers, downsizers, and investors seeking low-maintenance living in a family-friendly corridor. The open-plan design with a central kitchen island and undercover alfresco extends usable space without increasing upkeep, while the main bedroom with walk-in robe and ensuite adds owner-occupier appeal. Its location near open green spaces, walking tracks, and within catchment for Surfside Primary School and Bellarine Secondary College reinforces demand from families, and the absence of bushfire or flood overlays reduces holding risk. The single garage and 176m² building size may limit appeal for buyers requiring multiple vehicles or larger storage, and the property’s recent 2023 sale suggests limited capital growth in the short term. However, the estimated rental return of $565–$655 per week provides a solid floor for investors, and the FTTP NBN and 5G coverage support remote work viability. Hold this property as a steady-yielding residential holding with modest land content, suited to buyers prioritizing location efficiency and low maintenance over speculative upside.