Back 98 Eggleston Street
Off Market

98 Eggleston Street

Ocean Grove VIC 3226

1051 m²
Land
Last sold for $1,600,000
Brock GraingerBrock Grainger, last sold this property on 15 December 2025 after 123 days on market.

Overview

An Exceptional Coastal Canvas on 1,051sqm, in the heart of Ocean Grove

Positioned within a lifestyle lover's playground of beaches, surf breaks, and Ocean Grove's lively shopping and dining precinct, this level 1,051sqm (approx.) corner allotment offers a dream site to construct a contemporary coastal residence in an elite heart-of-town locale. A truly rare and remarkable offering, it is one of the largest vacant landholdings available in such a premier position. The location and sheer land size will appeal to buyers seeking a blue-chip base for a luxury new home, while developers will see the exciting potential to construct a multi-dwelling development, backed by Residential Growth Zone 3 (affording construction up to 11-metres). Offering a blank canvas of possibilities, the cleared and level site invites families and developers alike to maximise its elevation and capture the ever-changing spectacle of Bass Strait from potential second and third storeys. Draw inspiration from neighbouring properties where sophisticated standalone residences and luxury townhouses sit harmoniously in this vibrant coastal landscape, or bring your own vision to life in this unrivalled position with its vast lifestyle rewards. Perfect for a permanent sea-change or sensational weekend escape, the location is within 500m of both the sparkling shoreline and the retail and culinary delights of The Terrace, making leisure and lifestyle a daily delight. Whether you're planning to build a luxurious family retreat or unlock the full development potential of this blue-chip site, this is a rare chance to realise your beachside dream and secure a significant footprint in the heart of Ocean Grove. Opportunities of this size and stature in Ocean Grove's town centre are exceptionally rare - act now to create something truly extraordinary.

Features

1051 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 98 Eggleston Street 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 98 Eggleston Street

2025
Sold
$1,600,000
Private Sale/Treaty on 15 Dec 2025 by Brock Grainger, 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 98 Eggleston Street, have been sold.

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

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Ocean Grove

or
Skip the list and find your ideal agent to sell your propertyFind My Agent
© 2026 RateMyAgent