Back 2/52 Powell St W
Off Market

2/52 Powell St W

Ocean Grove VIC 3226

2
1
2
348 m²
Unit
Last sold for $640,000
Lynley BassettLynley Bassett, last sold this property on 04 June 2026 after 163 days on market.

Overview

NEW PRICE ... Perfectly Positioned on your Own Title

They say it's all about location, location, location - and here, you truly have it. Positioned just a few hundred metres from the main street and only a short stroll to the main beach, this is a lifestyle address where you can lock up the car and relax, with cafés, shops and the coastline quite literally at your doorstep. Set on a manageable 348m² allotment, the property presents exciting opportunities for both owner-occupiers and investors alike. The charming cottage retains its original façade, while the interior has been thoughtfully updated with respect for the integrity and character of its era. A generous entry welcomes you with high ceilings and original timber floorboards, immediately setting the tone. The main living area is filled with natural light thanks to north-facing glazing, and features classic sash windows and polished floorboards, creating a warm and inviting space to unwind. The open-plan kitchen connects seamlessly to the living and dining zone and showcases white cabinetry, timber benchtops and on-trend green splashback tiling, blending modern style with timeless appeal. Moving further through the home, a versatile multi-purpose room offers flexibility as a second living area, study, rumpus room or potential third bedroom, with direct access to the rear garden. Both bedrooms are generous in size, featuring updated carpet and lofty ceilings. The main bathroom and laundry have also been tastefully renovated, echoing the colour palette and finishes of the kitchen for a cohesive feel throughout. Outdoors, the rear garden is private and secure with established plantings, while the front garden is a blank canvas ready for your own creative touch. Currently tenanted until October 2026, this is a compelling opportunity to secure a blue-chip location with immediate income and future potential.

Features

2 bedrooms
1 bathroom
2 carspaces
1 carport space
1 open car space
348 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Ocean Grove over the last 12 months, the estimated median property value of 2/52 Powell St W is $638k.

Median value
$638k
Estimated value range
$530k - $745k
Median days on market
69
Estimated value trend
72%
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 2/52 Powell St W

2026
Sold
$640,000
04 Jun 2026 by Lynley Bassett, of Hayden Real Estate - Ocean Grove
2019
Rented
Undisclosed
Leased on 04 Oct 2019 by Hayden Real Estate - Ocean Grove
2019
Rented
Undisclosed
Leased on 03 Oct 2019 by 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 21 reviews in Ocean Grove over the last 12 months.

Local market activity for 2 bedroom units in Ocean Grove

In the last 12 months, 6 two-bedroom units similar to 2/52 Powell St W, have been sold.

This represents a 75% decrease in two-bedroom units sales when compared to the previous 12 months.

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