Ocean Grove Real Estate Market Update

Nestled along the pristine coastline of Ocean Grove, this vibrant suburb offers a diverse range of homes—from modern family residences to charming beachside cottages. With 344 active listings, buyers have ample options across price points and styles, making it a competitive yet accessible market for those seeking a coastal lifestyle. The community features appealing amenities, schools, parks, and convenient transport links, all within a short drive to regional hubs. Whether you’re buying your first home, upgrading, or investing, Ocean Grove presents a balanced market with strong long-term growth potential. Our guide highlights current trends, pricing insights, and practical tips to help you navigate the Ocean Grove property scene with confidence.

Ocean Grove Real Estate — Key Facts

  • Active listings: 356
  • Median price: $950,000
  • For sale: 347
  • For rent: 9
  • Price range: $1 – $7,250,000
  • Active agents: 87
  • Property types: apartment, Apartment / Unit / Flat, Block of Units, Development Site, House
  • Country: Australia

Market Snapshot

356
Active Listings
$950,000
Median Price
347
For Sale
9
For Rent

Ocean Grove Real Estate Market Overview

Currently, Ocean Grove shows a healthy market with 344 active listings and a median price of $950,000. This median reflects broad demand across family homes, apartments, and vacation-ready residences near the coast. Buyers should watch for steady competition but can leverage a range of properties to secure solid value. Sellers may benefit from stable momentum as interest continues to flow from regional buyers seeking lifestyle and investment opportunities near the water.

Latest Properties in Ocean Grove

Frequently Asked Questions

The current median price in Ocean Grove is $950,000 AUD. This figure represents typical market value across a range of homes and reflects growing demand for coastal living.

There are 344 active listings in Ocean Grove. This provides buyers with a broad selection and options across different styles and price points.

Yes. Ocean Grove offers a stable coastal lifestyle with ongoing demand from buyers and investors. The combination of attractive amenities and potential for value growth supports solid long-term prospects.

You’ll find a mix of family homes, modern townhouses, and beachside cottages. The variety helps buyers tailor purchases to budgets and preferred living environments near the coast.

Consider proximity to the beach, local schools, and transport links. Also review market timing, maintenance costs, and potential rental yields if investing.

Real Estate Terms — Ocean Grove Buyers Should Know

MLS (Multiple Listing Service)
A database used by real estate brokers to share active property listings. Listings on Mirror Real Estate that include an MLS number are sourced from a regional MLS feed.
Median price
The middle price point in a city's active listings. Half the listings are priced above, half below. More representative than the average because it isn't skewed by a few very expensive or very cheap properties.
Days on market (DOM)
The number of days a property has been actively listed for sale. A low DOM typically indicates strong demand; a high DOM may indicate overpricing or weaker demand.
Price per square foot
Listing price divided by interior square footage. Useful for comparing properties of different sizes in the same neighborhood, though it ignores lot size, finish quality, and condition.
Active listing
A property currently for sale or rent and visible to buyers. On Mirror Real Estate, active listings exclude expired, withdrawn, sold, and rented properties.
New construction
A home that has been built recently and not previously occupied, or one being sold by the original builder. Often includes builder warranties and customization options.
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