1 Altair Street, Ocean Grove, Vic 3226

$1,150,000-$1,250,000

House
Type
5
Bedrooms
2
Bathrooms
2
Parkings
872 m²
Area

Published on Friday, May 22, 2026 ( See property details for 1 Altair Street, Ocean Grove, Vic 3226)

$1,150,000-$1,250,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A character-filled coastal home just 450m from the beach, offering spacious living, outdoor entertaining, and eco-friendly features on a generous 872sqm corner allotment with dual street access.

🏡 Property Highlights

  • Just 450m from Ocean Grove’s sparkling coastline, offering prime beachside living.
  • Spacious single-level layout with five robed bedrooms, including a main with ensuite.
  • Expansive open-plan living hub ideal for family gatherings and entertaining.
  • Alfresco areas on two sides with cross-flow ventilation for a breezy coastal lifestyle.
  • Eco-friendly features including a 20-panel solar PV system to reduce running costs.
  • Dual street access providing secure parking for up to five vehicles, including a large garage.

✨ Key Features

  • Open-Plan Living
  • Built-in Robes
  • Ensuite
  • Outdoor Area
  • Solar Panels
  • Garage
  • Outdoor Area / Balcony
  • Waterfront / Views
  • Security Screens / Gates
  • Split System Air Conditioning
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1 Altair Street
Ocean Grove, VIC 3226
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Vertical aerial view — 1 Altair Street
1 Altair Street — Vertical Aerial  •  Ocean Grove, VIC 3226  •  Nearmap © 2026

Ocean Grove is renowned for its relaxed coastal vibe, pristine beaches, and vibrant community. It offers a laid-back lifestyle with excellent surf, local cafes, and family-friendly parks. The area is perfect for weekend escapes or permanent seaside living, with easy access to nature and amenities. Its proximity to the beach makes it highly desirable for both residents and holidaymakers. The neighbourhood combines natural beauty with a welcoming atmosphere, ideal for those seeking a relaxed yet vibrant coastal lifestyle.

What is the condition of the property and are there any planned renovations?
The property is well-maintained and offers a character-filled coastal aesthetic, with potential for updates or redevelopment STCA.
Is the property suitable for holiday rentals or Airbnb?
Yes, the home has a proven Airbnb history, making it an attractive option for holiday rental investment.
What are the zoning and planning restrictions for this property?
The property is situated on a large 872sqm corner block with dual street access, offering flexibility for redevelopment or extensions subject to council approval.
Are there any environmental or flood risks in this area?
Ocean Grove is generally considered low risk, but prospective buyers should verify local flood and bushfire zones with relevant authorities.
What are the ongoing costs associated with the solar PV system?
The 20-panel solar PV system helps reduce electricity costs, with minimal maintenance required for optimal performance.
Are there any additional costs for strata or body corporate fees if applicable? Is there any history of structural issues or repairs needed in the property? Are there any restrictions or easements affecting the dual street access? Has the property been affected by any recent flooding or bushfire events? Are there any upcoming planning or development proposals in the neighbourhood that could impact the property?

1 Altair Street, Ocean Grove, Vic 3226 - More Details

$1,150,000-$1,250,000

The Feel:
Just 450m from Ocean Grove’s sparkling coastline, this character-filled beach house embraces a relaxed, effortlessly coastal way of living – ideal for families settling in or weekenders seeking a breezy seaside escape. A classic white weatherboard façade beckons you to explore the home’s bright and breezy single level layout, where you’ll discover a spacious open-plan living hub, five robed bedrooms including main with ensuite, and easy flow to alfresco entertaining complete with 12-person spa. A 20-panel solar PV system keeps running costs to a minimum while an 872sqm (approx.) allotment with dual street access provides secure parking for up to five vehicles. A spacious, character rich coastal home with flexibility for today and potential for tomorrow.

The Facts:
-Quintessential coastal living, suitable for families, weekenders, or investors
-Premier beachside locale renowned for its relaxed vibe, fantastic beaches & endless summer lifestyle
-Set on an 872sqm (approx.) corner site, just a 450m stroll to the sand & surf
-The classic beach house is instantly appealing with its wide verandah & weatherboard façade
-Deceptively spacious single level layout with expansive open-plan living at its heart
-Alfresco access on 2 sides underpins a breezy coastal ambience & cross-flow ventilation
-Timber-fronted kitchen presides over the action, offering ample prep & storage space
-A Bosch d/w & brand-new 900mm Westinghouse freestanding oven will have you catering to a crowd with ease
-Relaxation extends outwards to a choice of undercover verandas, offering a space for any mood or occasion
-Host alfresco on the crazy-paved entertaining area or enjoy winter nights under the stars in the 12-person spa
-The main bedroom is comfortably appointed with a walk-through robe & ensuite
-In a separate wing, 4 further bedrooms (all with BIRs) offer versatility for large families
-Family proportions continue in the main bathroom with deep built-in tub & separate WC
-Ducted heating & split system a/c ensure comfort throughout the seasons
-A 20-panel solar PV system ensures the home treads lightly on the environment
-Dual street frontages afford abundant off-street parking, including a 7.3m x 9.0m garage with built-in storage & separate gated side access
-Ready to enjoy as a comfortable family home or idyllic weekender
-A proven Airbnb history oozes appeal for those looking to tap into the lucrative holiday rental market
-There’s also scope for a contemporary update or complete redevelopment into a luxury new build (STCA)

The Owner Loves….
“This home has served our family beautifully. Living so close to the beach has been something we’ve truly cherished, and we hope the next family finds the same joy here.”

*All information offered by Bellarine Property is provided in good faith. It is derived from sources believed to be accurate and current as at the date of publication and as such Bellarine Property simply pass this information on. Use of such material is at your sole risk. Prospective purchasers are advised to make their own inquiries with respect to the information that is passed on. Bellarine Property will not be liable for any loss resulting from any action or decision by you in reliance on the information.
Type
House
Bedrooms
5
Bathrooms
2
Parkings
2
Area
872 m²

Price guide

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