228 Coastal Boulevard, Ocean Grove VIC 3226

6-bed modern family house | Coastal Boulevard position | Multi-generational layout | Premium asking over estimate This property stands out for its unusually large six-bedroom configuration in a coastal setting, which is rare for Ocean Grove and directly suited to multi-generational households or buyers needing dedicated guest or home-office space. The “contemporary luxury” finish and generous 545-square-metre land holding place it above standard family stock in the area, positioning it as a premium offering in a sought-after coastal pocket. The location on Coastal Boulevard reinforces this, as the street is known for larger family homes rather than entry-level dwellings, meaning the property fits naturally into its immediate neighbourhood character. It is best matched to buyers prioritising space, flexibility, and a modern finish over a tight entry price. The gap between the estimated value and the current asking range may signal that the property’s size and finish command a premium that automated models do not fully capture, or it may reflect a market that has not yet adjusted to the vendor’s expectations. Buyers should weigh whether the six-bedroom layout limits the buyer pool compared to a standard four-bedroom home, which could affect resale speed. The lack of confirmed rental data for this size of property also means yield assumptions should be treated cautiously if an investment purchase is considered.