24 Mallaluka Avenue
Ocean Grove, VIC 3226
$2,250,000 - $2,475,000
Iconic Views with Endless Potential
Description
A sensational opportunity to take your place in a blue-chip Ocean Grove position, this elevated holding captures sweeping views across the ocean, bluff, and river estuary. Spanning two titles and a combined 1,291sqm (approx.), it includes an original residence and offers a rare canvas for bold architectural ambitions. Cherished by one family for more than 60 years, this tightly-held offering presents flexible buying options, with the adjoining lots available to purchase together or individually. The possibilities are extensive enjoy the property as is, elevate with a contemporary refurbishment, or pursue a full redevelopment to create your ultimate seaside escape (STCA). Well-kept over its lifespan, the existing double-storey brick home blends seamlessly into its natural surrounds and radiates a soothing coastal charm with its pitched ceilings, gas log fire, and lashings of natural light that underpin its timeless character. Expansive windows perfectly frame the home's postcard panoramas over an ever-changing coastal landscape and painterly skies, enjoyed across the home's impressively proportioned living and sleeping zones. Two spacious living areas are divided by a wraparound kitchen with five-burner cooktop, Neff wall oven, and Asko dishwasher, while an alfresco deck provides an ideal spot for family barbecues and soaking up the seaside ambience. Accommodation hosts three bedrooms on the upper level, including the privately zoned main with nearby access to a skylit bathroom, while downstairs presents ideal guest accommodation with a fourth bedroom and second bathroom. Completing the package is ducted heating, split system air-conditioning, a double garage, and extensive under-house storage. Whether looking to update or start again, you'll find inspiration at every turn, with some of the Bellarine Peninsula's most exclusive properties gracing the streetscape, all while enjoying easy proximity to the beach, river, and village shopping and dining.
Property Details
1291 m²
House
RESIDENTIAL
What's Nearby
Lake Avenue Reserve
Blue Waters Dr, Ocean Grove
Geelong Regional Libraries
The Avenue, Ocean Grove
Ocean Grove Library
Presidents Ave, Ocean Grove
Geelong Botanical Gardens.
Surfers Ave, Ocean Grove
Ocean Grove Main Beach
Ocean Grove
Riverview Family Caravan Park
Barwon Heads-Ocean Grove Rd, Ocean Grove
Elite Taekwondo Ocean G
The Terrace, Ocean Grove
Lorne-Queenscliff Coastal Reserve
Barwon Heads-Ocean Grove Rd, Ocean Grove
Ocean Grove Tennis Club
Madeley St, Ocean Grove
Upcoming Events Nearby
Nearby Schools
Ocean Grove Primary School
Draper Street, Ocean Grove VIC 3226 Australia
Our Lady Star of the Sea Catholic Primary School - Ocean Grove
13 - 29 John Dory Drive, Ocean Grove VIC 3226 Australia
Surfside Primary School
31-65 John Dory Drive, Ocean Grove VIC 3226 Australia
Barwon Heads Primary School
Golf Links Road, Barwon Heads VIC 3227 Australia
Wallington Primary School
608-610 Wallington Road, Wallington VIC 3222, Australia
Bellarine Secondary College
Peninsula Drv, Drysdale VIC 3222 Australia
Nearby Properties
$2,505,625 - $2,756,188
House
$2,500,000 - $2,750,000
17 Newcomb Street
Ocean Grove, VIC, 3226
$650,000 - $715,000
Apartment / Unit / Flat
SOLD - $660,000
2/36 Wallington Road
Ocean Grove, VIC, 3226
$850,000
Townhouse
$850,000-$890,000
3/24 Parker Street
Ocean Grove, VIC, 3226
$2,200,000 - $2,400,000
House
$2,200,000 - $2,400,000
2 Powell Street West
Ocean Grove, VIC, 3226
$920,000 - $1,000,000
House
$920,000 - $1,000,000
27 Asbury St West
Ocean Grove, VIC, 3226
$1,400,000
Townhouse
$1,400,000-$1,495,000
27B Asbury Street West
Ocean Grove, VIC, 3226
$1,175,000 - $1,250,000
House
$1,175,000-$1,250,000
7 Mann Street
Ocean Grove, VIC, 3226
$950,000 - $1,040,000
Vacant Land
$950,000-$1,040,000 Each
1 & 2/13 Whitton Street
Ocean Grove, VIC, 3226
$534,375 - $587,812
Apartment / Unit / Flat
$535,000 - $585,000
9/19-21 Wallington Road
Ocean Grove, VIC, 3226
Ocean Grove by the numbers
Official published figures for the suburb, shown as their own dated facts — not combined into a score.
House median sale price
$900,000
2025-Q4
Unit median sale price
$740,000
2025-Q4
Places to eat within walking distance
11 within about 1.2km. A few of them — listed by distance, not by how good they are.
Groove · Ocean Grove Bowls Club · Parade Espresso Bar · Ming Terrace · The Dill · King Koi Sushi Bar & Restaurant · Chang Noi Thai · The Driftwood Café
Source: Victorian Property Sales Report © State of Victoria (Department of Transport and Planning), CC BY 4.0 · © OpenStreetMap contributors (ODbL)
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