Back 1/159 The Avenue
Off Market

1/159 The Avenue

Ocean Grove VIC 3226

3
1
1
333 m²
Unit
Last sold for $848,000
Lynley BassettLynley Bassett, last sold this property on 16 February 2026 after 81 days on market.

Overview

Centrally "Old" Ocean Grove Location

Discover bright, breezy coastal living in this beautifully presented home, ideally positioned within an easy walk to the beach and Ocean Grove's bustling café and retail strip. Equally appealing to downsizers seeking low-maintenance comfort, first-home buyers eager to enter the market, and investors wanting a reliable addition to their portfolio, this property offers lifestyle, convenience, and long-term value in one enticing package. Set on its own title, the home impresses immediately with a fresh interior and soaring high ceilings that enhance the sense of space throughout. Lush, established gardens at both the front and rear create a private, peaceful sanctuary, bringing colour and vibrancy to daily life. The oversized kitchen is a standout, offering generous bench space, a breakfast bar, gas cooktop, and quality appliances. An adjoining meals area flows seamlessly into the light-filled main living zone, providing an inviting space for everyday relaxation. Entertaining is effortless with the delightful north-facing alfresco deck, perfectly framed by a kaleidoscope of garden colour-ideal for hosting family and friends year-round. Accommodation includes three spacious bedrooms, each with built-in robes. The master enjoys direct access to the newly renovated central bathroom, which delivers modern comfort and style. A separate powder room add further practicality for family and guests. Comfort is assured with ducted heating and air conditioning, along with a well-sized laundry featuring outdoor access. The single lock-up garage includes dual access for added convenience. Versatile and easy to manage, this home is an excellent choice for permanent living or a relaxed holiday escape. Its superb proximity to the beach and local amenities ensures you'll enjoy the very best of the Bellarine Peninsula-coastal assets, village charm, and an effortless lifestyle all at your doorstep.

Features

3 bedrooms
1 bathroom
1 carspace
1 garage space
333 m² lot size
Unit

Estimated Value

Based on this property and similar 3 bedroom units sold in Ocean Grove over the last 12 months, the estimated median property value of 1/159 The Avenue is $795k.

Median value
$795k
Estimated value range
$730k - $848k
Median days on market
62
Estimated value trend
14%
increase 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 1/159 The Avenue

2026
Sold
$848,000
16 Feb 2026 by Lynley Bassett, of Hayden Real Estate - Ocean Grove
2020
Sold
$715,000
09 Dec 2020 by Lynley Bassett, of Hayden Real Estate - Ocean Grove

Happy sellers in Ocean Grove

80%
80% 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 26 reviews in Ocean Grove over the last 12 months.

Local market activity for 3 bedroom units in Ocean Grove

In the last 12 months, 3 three-bedroom units similar to 1/159 The Avenue, have been sold.

This represents a 20% increase in three-bedroom units sales when compared to the previous 12 months.

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