48 Fraser Crescent, Ocean Grove, Vic 3226

$1,300,000 - $1,350,000

House
Type
4
Bedrooms
3
Bathrooms
1
Parkings
604 m²
Area

Published on Wednesday, October 21, 2026 ( See property details for 48 Fraser Crescent, Ocean Grove, Vic 3226)

$1,300,000 - $1,350,000

Lauren Conlon Director / Licensed Estate Agent
  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A charming four-bedroom family home in Old Ocean Grove offering versatile living spaces, established gardens, and a sought-after coastal location near Blue Waters Lake.

🏡 Property Highlights

  • Prime location near Blue Waters Lake in Old Ocean Grove
  • Spacious four-bedroom family home with adaptable layout
  • Beautiful polished timber floors and natural light throughout
  • Multiple living zones including a private lower-level retreat
  • Established gardens with outdoor entertaining area and pergola
  • Generous storage, study nook, and garage/workshop for versatility

✨ Key Features

  • Built-in Robes
  • Outdoor Area
  • Open-Plan Living
  • Ensuite
  • Waterfront / Views
  • Garage / Secure Parking
  • Outdoor Area / Balcony
  • Security Screens / Gates
  • Fly Screens
  • Water tank
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48 Fraser Crescent
Ocean Grove, VIC 3226
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Vertical aerial view — 48 Fraser Crescent
48 Fraser Crescent — Vertical Aerial  •  Ocean Grove, VIC 3226  •  Nearmap © 2026

Ocean Grove offers a relaxed coastal lifestyle with beautiful beaches, scenic lakes, and a vibrant community. The area features excellent local schools, cafes, and shops, making it ideal for families and outdoor enthusiasts. Its established character and proximity to nature reserves provide a peaceful yet convenient living environment.

What is the layout of the home and how many living areas does it have?
The home features a main living and dining area as the central hub, a second living zone on the lower level, and a practical study nook, providing versatile spaces for family life and relaxation.
Are there outdoor entertaining options available?
Yes, the property includes a paved outdoor entertaining area and pergola, perfect for gatherings and enjoying the outdoor lifestyle.
What heating and cooling features are included?
The home is equipped with gas ducted heating throughout and a split system in the main living area for year-round comfort.
Is there sufficient storage space?
Yes, the property offers extensive storage options, including a laundry, garage/workshop, and built-in robes in the bedrooms.
How close is the property to local amenities and outdoor recreation?
The property is within walking distance to Blue Waters Lake, local schools, shops, cafes, and other conveniences of Ocean Grove’s main street.
Are there any existing or past issues with drainage or flooding on the property? Has the property been inspected for pests or structural defects? Are there any planning or zoning restrictions that could affect future renovations? Is there any history of bushfire or flood risk in this area? Are there any easements or covenants registered on the title that could impact use or development? What are the council rates and any additional property taxes? Are there any upcoming local developments or construction projects nearby? Is the property compliant with all building codes and regulations? Are there any known issues with the outdoor structures or gardens? What are the terms of the current title and are there any restrictions on use?

48 Fraser Crescent, Ocean Grove, Vic 3226 - More Details

$1,300,000 - $1,350,000

Embrace the timeless appeal of Old Ocean Grove at 48 Fraser Crescent, a warm and welcoming four-bedroom residence positioned in a much sought-after pocket close to Blue Waters Lake. Offering an adaptable layout, inviting outdoor spaces and an abundance of established character, this is a home designed for relaxed family living in a superb lifestyle location.

Inside, polished timber floors, natural light and leafy garden outlooks create an immediate sense of comfort. The main living and dining area forms the heart of the home, with a split system providing year-round comfort, and flows to a bright white kitchen appointed with generous cabinetry, Caesarstone/engineered-stone benchtops, stainless-steel appliances and a timber island breakfast bench. Gas ducted heating throughout the home adds further comfort, while large windows and glass doors connect the interiors with the garden. A second living zone on the lower level provides valuable separation for children, guests or quiet relaxation.

Accommodation is thoughtfully arranged across the two levels. Three bedrooms and two bathrooms are positioned on the main floor, including a guest bedroom with its own walk-in robe and ensuite, while the family bathroom serves the rest of the household. The fourth bedroom enjoys a private lower-level setting complete with its own large ensuite and walk-in robe. A practical study nook, laundry, extensive storage and garage/workshop further enhance the home’s flexibility, whether you are accommodating a growing family, working from home or welcoming visitors.

Outside, mature trees and established gardens provide a peaceful backdrop to everyday life. The paved entertaining area and pergola create an inviting setting for relaxed gatherings, morning coffee or long summer afternoons, with additional garden spaces offering room to play and unwind.

The location completes the picture. Blue Waters Lake is only a short walk away, with local schools and the shops, cafés and everyday conveniences of Ocean Grove’s main street also within easy reach. Offering space, comfort and a genuine connection to the area’s established coastal character, 48 Fraser Crescent is ready for you to simply move in and enjoy the Old Ocean Grove lifestyle.

Disclaimer: All information provided by Hodges Bellarine is supplied in good faith and believed to be accurate at the time of publication. All dimensions and details are approximate. Prospective purchasers should conduct their own due diligence and verify all information before making any decisions. Hodges Bellarine accepts no liability for reliance on this information.
Type
House
Bedrooms
4
Bathrooms
3
Parkings
1
Area
604 m²

Price guide

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Map & nearby places — 48 Fraser Crescent, Ocean Grove, Vic 3226

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School catchments

Government school zones this property is inside, from the outlines we hold. A zone can change, and being in a zone is not a guarantee of a place, so check with the school or the education department.

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