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24 Mallaluka Avenue

Ocean Grove, VIC 3226

24 Mallaluka Avenue - Image 1
24 Mallaluka Avenue - Image 2
24 Mallaluka Avenue - Image 3
24 Mallaluka Avenue - Image 4
24 Mallaluka Avenue - Image 5

$2,250,000 - $2,475,000

4
2
2
1291m²
HouseFor SaleRESIDENTIAL

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

Land Size

1291 m²

Property Type

House

Listing Type

RESIDENTIAL

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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Where this home sits

Zoned government primary
Ocean Grove Primary School
Zoned government secondary
Bellarine Secondary College

Zones are the government school zones published by each state. Confirm with the school before relying on them.

How this home compares

$2.36m

Asking price

$900k

Suburb median, houses

+163%

Asking vs median

This home's asking range midpoint is $2.36m, about 163% above the Ocean Grove median for houses ($900k).

The median is of settled sales (2025-Q4). An asking price is not a sale price. More about Ocean Grove

Similar homes for sale nearby

Same type, within one bedroom. Cheapest asking price first.

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