Back 140 Powell Street East
Off Market

140 Powell Street East

Ocean Grove VIC 3226

4
1
2
814 m²
House
Peta WalterPeta Walter, last sold this property on 18 June 2026 after 111 days on market.

Overview

Rare 814sqm Opportunity in Prime Pocket

The Feel: Set on an expansive 814sqm (approx.) allotment in a tightly held pocket of Old Ocean Grove, this solid brick home presents an exceptional opportunity to secure scale, position and future potential in one compelling package. Surrounded by established trees and generous gardens, the property offers immediate comfort with scope to renovate, extend or redevelop (STCA). Inside, original character and a practical single-level layout provide a functional base, while the deep backyard and wide frontage invite imagination. With direct access to the sporting precinct, just 900m to the town centre and only 750m to the beach, the lifestyle credentials are equally impressive. Whether you choose to modernise, reconfigure or create something entirely new, the proportions and prime positioning of this site make it a rare and exciting prospect. The Facts: -Expansive 814sqm (approx.) allotment in tightly held Old Ocean Grove -Exceptional land value & future flexibility in a proven growth location -Solid brick, single-level residence with generous proportions, presents as a comfortable home -Exciting scope for renovation, extension or redevelopment (STCA) -Wide frontage & deep rear yard provide excellent design potential -Established gardens & mature trees create privacy & natural beauty, with substantial lawn areas -Light-filled formal living room positioned at the front of the home, enjoying garden outlooks -Original kitchen with ample cabinetry & adjoining meals area -Easy indoor-outdoor flow via sliding doors to the rear garden -Flexible floorplan with 3 bedrooms plus versatile extra room for home office -Well-proportioned bedrooms with built-in storage, serviced by a central bathroom -Practical laundry with external access -Separate garage & additional shedding provide storage plus generous off-street parking -Direct access to the sporting precinct, just 900m to town centre & 750m to the beach The Owner Loves. "Being able to walk to the beach, the sporting grounds and into town has made everyday life so easy. We've always treasured the size of the block and the established gardens it's really exciting to see what someone new could create here." *All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own enquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.

Features

4 bedrooms
1 bathroom
2 carspaces
814 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Ocean Grove over the last 12 months, the estimated median property value of 140 Powell Street East is $1.05m.

Median value
$1.05m
Estimated value range
$730k - $2.9m
Median days on market
65
Estimated value trend
2%
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 140 Powell Street East

2026
Sold
Undisclosed
Private Sale/Treaty on 18 Jun 2026 by Peta Walter, of Bellarine Property

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 21 reviews in Ocean Grove over the last 12 months.

Local market activity for 4 bedroom houses in Ocean Grove

In the last 12 months, 100 four-bedroom houses similar to 140 Powell Street East, have been sold.

This represents a 47% increase in four-bedroom houses sales when compared to the previous 12 months.

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