6 Beresford Close, Ocean Grove VIC 3226

3-bedroom coastal renovation | 459m² cul-de-sac lot | walk to everything | strong rental yield potential This property presents a rare combination of a fully renovated interior on a generous lot in a quiet cul-de-sac, which is competitively scarce in Ocean Grove’s current market. The 2002 build has been refreshed with a coastal design that avoids the tired feel of many comparable homes, and the 31% site coverage leaves meaningful outdoor space. For a buyer seeking a low-maintenance family home with immediate livability and no renovation timeline, this house offers a turnkey position. It best suits owner-occupiers or investors targeting the family rental demographic, given the short walk to schools and shops. The primary risk is the lack of a heritage or bushfire overlay, which, while simplifying insurance, also means no regulatory barrier to future higher-density development nearby—this could alter the street’s character over time. The 6m roof height and 34m elevation are not unusual but do not offer a view premium, limiting capital growth potential compared to elevated sites. Commercially, the $665 weekly rental estimate against the $875k–$925k price range implies a gross yield near 3.8%, which is acceptable but not exceptional for the area. Hold this property as a core family home or a stable rental; its value lies in its immediate utility and location, not speculative upside.