Back 48 Lake Avenue
Off Market

48 Lake Avenue

Ocean Grove VIC 3226

3
1
1
599 m²
House
Graeme AllchinGraeme Allchin, last sold this property on 08 August 2013 after 0 days on market.

Overview

Imagine the Possibilities

Rarely available, modest but neat, located just across the road from Blue Waters Lake with the bonus of being on a corner 599m2 allotment. There is potential to do this property up with some repair work and create a home to be proud of or clear the allotment and subdivide into 2 Lots (STCA). It is for the person who is looking for a project to do. This home does have character with some beautiful established trees which also make it very private. The biggest asset of this property is its location being just across the road to the Blue Waters Lake, just around the corner to the Ocean Grove Golf Club, Barwon River and boat ramp plus the easy access to all the coast has to offer. Graeme Allchin : 0457 778 520

Features

3 bedrooms
1 bathroom
1 carspace
599 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 48 Lake Avenue 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 48 Lake Avenue

2025
Rented
Undisclosed
Leased on 01 Dec 2025 by Stockdale & Leggo Sth Barwon
2023
Rented
Undisclosed
Leased on 30 Mar 2023 by Pavilion Property Group
2013
Sold
08 Aug 2013 by Graeme Allchin, of LJ Hooker Ocean Grove

Happy sellers in Ocean Grove

90%
90% 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 8 reviews in Ocean Grove over the last 12 months.

Local market activity for 3 bedroom houses in Ocean Grove

In the last 12 months, 93 three-bedroom houses similar to 48 Lake Avenue, have been sold.

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

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