Back 123 Cerberus Drive
Off Market

123 Cerberus Drive

Ocean Grove VIC 3226

1227 m²
Land
Last sold for $740,000
Nick FordNick Ford, last sold this property on 03 September 2025 after 257 days on market.

Overview

Enormous Ocean Grove Block - A Rare Opportunity!

This supersized, well-oriented parcel of land is located along the northern border of the popular Oakdene Estate in Ocean Grove. Boasting a pleasant green backdrop of established gums and other native vegetation alongside its northern boundary, the generous, flat block on offer provides the ideal blank canvas on which to build the home of your dreams. Abundant surrounding space allows you to incorporate sympathetic landscaping and plenty of luxurious extras such as a swimming pool into your design. Families will love the quick bike ride or drive to local schools, childcare options, sporting facilities and the Devlins Road park or oval for a kick of the footy. A nearby wildlife corridor of indigenous vegetation is one of several green spaces in the estate, and nature-lovers will take advantage of living close to the Ocean Grove Nature Reserve with its array of local birdlife and flora. The position of this prized land package is conveniently within close proximity to the Kingston Village for all of your week-to-week shopping requirements. Pop out onto Grubb Road for a quick commute into Geelong or enjoy easy access to your choice of stunning beaches, all just a short drive away. Centrally situated on the Bellarine Peninsula means that the region's world-class golf courses, fantastic wineries and fine dining establishments aren't too far away either. Completely cleared and ready to go, this enviable expanse of land represents an increasingly rare opportunity to buy big in Ocean Grove - run, don't walk!

Features

1227 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Ocean Grove over the last 12 months, the estimated median property value of 123 Cerberus Drive is $553.75k.

Median value
$553.75k
Estimated value range
$275k - $1.95m
Median days on market
163
Estimated value trend
-8%
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 123 Cerberus Drive

2025
Sold
$740,000
Private Sale/Treaty on 03 Sep 2025 by Nick Ford, of RT Edgar Bellarine

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 land plots in Ocean Grove

In the last 12 months, 12 land plots similar to 123 Cerberus Drive, have been sold.

This represents a 24% increase in land plots sales when compared to the previous 12 months.

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