What is the current median house price in Ocean Grove, VIC?
The median house price in Ocean Grove, VIC 3226 is $896,000 as of 2026. Prices have grown by 7.9% over the past 12 months.
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Core Market Intelligence — May 2026
The median house price in Ocean Grove, VIC 3226 is $896,000 as of 2026. Prices have grown by 7.9% over the past 12 months.
Ocean Grove shows favourable investment fundamentals. Key indicators include positive 12-month capital growth of 7.9%, a rental yield of 3.5%. Investors should consider their strategy (capital growth vs yield) and conduct due diligence on local market conditions before making decisions.
The gross rental yield in Ocean Grove, VIC 3226 is approximately 3.5%, with a median weekly rent of $420. This yield reflects a growth-oriented market where capital gains may offset lower income returns.
Ocean Grove, VIC 3226 has a population of 17,714 with a median age of 43. The median household income is $3,709.