Back 21 Lowe Street
Off Market

21 Lowe Street

Ocean Grove VIC 3226

3
2
2
631.7 m²
House
Last sold for $720,000
Wayne WrigleyWayne Wrigley, last sold this property on 30 September 2026 after 127 days on market.

Overview

Endless Potential In Prized Old Grove

Positioned in the tightly held and highly sought-after “Old Grove” precinct, this exceptional 631sqm (approx.) allotment presents an exciting opportunity for renovators, builders, developers, or those dreaming of creating something truly special in the heart of Ocean Grove. Held by the current owners since 2008, the almost original 1970s residence offers great upside and endless potential. The weatherboard and rendered home comprises three bedrooms, a central bathroom with separate toilet, and a spacious living zone enhanced by exposed hardwood timber floors throughout the living areas and bedrooms. Outside there is a separate pavilion with laundry, bathroom and toilet.. The original kitchen with adjoining meals area flows into the generous living space, complete with gas heating, while the long side driveway provides outstanding functionality with access to a rear double garage and ample off-street parking for additional vehicles, a caravan, or boat storage. Whether you choose to undertake a substantial renovation, preserve and enhance the home's remaining mid-century character, or explore the exciting redevelopment possibilities (STCA), the scope here is undeniable. The generous dimensions of the block lend themselves perfectly to a luxury new home or potential multi-dwelling development (STCA). Perfectly located within walking distance to local schools, sporting facilities, and both the Marketplace and Terrace shopping precincts, and only moments from Ocean Grove's stunning beaches and coastal lifestyle attractions, this is a rare chance to secure blue-chip land in one of the Bellarine Peninsula's most desirable pockets. Opportunities in “Old Grove” are increasingly rare-don't miss your chance to unlock the enormous potential of this prime address. * Renovate, develop or rebuild * Prime Old Grove location * Close proximity to Schools and Sporting Facilities * Rear garaging accessed by side drive * Flat block * Easy access to both Marketplace and Terrace shopping strips * Great opportunity to wealth build

Features

3 bedrooms
2 bathrooms
2 carspaces
2 garage spaces
631.7 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Ocean Grove over the last 12 months, the estimated median property value of 21 Lowe Street is $855k.

Median value
$855k
Estimated value range
$575.5k - $2.65m
Median days on market
63
Estimated value trend
1%
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 21 Lowe Street

2026
Sold
$720,000
Private Sale/Treaty on 30 Sep 2026 by Wayne Wrigley, of Fletchers Bellarine

Happy sellers in Ocean Grove

89%
89% 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 9 reviews in Ocean Grove over the last 12 months.

Local market activity for 3 bedroom houses in Ocean Grove

In the last 12 months, 92 three-bedroom houses similar to 21 Lowe Street, have been sold.

This represents a 27% increase in three-bedroom houses sales when compared to the previous 12 months.

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