Back 1/15 Watkin St
Off Market

1/15 Watkin St

Ocean Grove VIC 3226

2
1
351 m²
House
Last sold for $655,000
Hugh McKewanHugh McKewan, last sold this property on 16 February 2026 after 31 days on market.

Overview

Affordable entry into old Ocean Grove

Privately positioned and ideally located, 1/15 Watkin Street, Ocean Grove presents an outstanding opportunity for first-home buyers, renovators or savvy investors seeking a well-located property with excellent potential. Comfortable and functional in its original condition, the home offers a solid foundation and a practical layout ready to be enjoyed now, with plenty of scope to modernise and add value over time. The open-plan living and dining area forms the heart of the home, providing a versatile space with natural light and a seamless connection to a private outdoor area. The kitchen is well-positioned and functional, offering immediate usability while presenting an ideal opportunity for future enhancement. Bedrooms are well-proportioned and provide comfortable accommodation, while the bathroom remains original and ready for a creative update to suit your style. Additional features include low-maintenance outdoor spaces, secure parking and a design that prioritises privacy and everyday ease of living. Located within walking distance to local shops, cafés and public transport, and just minutes from the beach, this is a rare chance to enter the Ocean Grove market in a tightly held pocket. Whether you're looking to secure your first home or invest in a property with genuine upside, 1/15 Watkin Street is an opportunity not to be missed.

Features

2 bedrooms
1 bathroom
351 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Ocean Grove over the last 12 months, the estimated median property value of 1/15 Watkin St is $720.5k.

Median value
$720.5k
Estimated value range
$550k - $950k
Median days on market
32
Estimated value trend
-6%
decrease over the last 12 months
Average days on market is based on recent, comparable sales in Ocean Grove. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/15 Watkin St

2026
Sold
$655,000
16 Feb 2026 by Hugh McKewan, of Hayden Real Estate - Ocean Grove
2017
Rented
Undisclosed
Leased on 30 Mar 2017 by RT Edgar Bellarine
2013
Sold
Undisclosed
Private Sale/Treaty on 15 May 2013

Happy sellers in Ocean Grove

81%
81% of sellers in Ocean Grove reported that their sale price either exceeded or met their price expectations.

Ocean Grove stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 25 reviews in Ocean Grove over the last 12 months.

Local market activity for 2 bedroom houses in Ocean Grove

In the last 12 months, 4 two-bedroom houses similar to 1/15 Watkin St, have been sold.

This represents a 55% increase in two-bedroom houses sales when compared to the previous 12 months.

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