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This property has been sold for $635,000 on 25 Aug 2026

12 days on market

Market context at sale

Suburb cycle phase
Cooling
RBA cash rate
4.35%
Suburb median (August 2026)
$760,000(-16%)

2/115 Bonnyvale Rd, Ocean Grove, VIC, 3226

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Asking Price

$600,000 - $660,000

2 Beds1 Baths0 Cars
Land: 316 m2
Floor: 77 m2
Built: 1985

Property overview

This 2-bedroom unit at 2/115 Bonnyvale Rd in Ocean Grove, VIC 3226 sold for $635K in August 2026, with 1 bathroom. It offers 77 m2 of internal living space. The unit was built in 1985. Ocean Grove is about 63 km from the CBD. Council data records bushfire overlay on the site. 5 schools sit within about 5km, and the area scores 45 for walkability and 10 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $660,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

  • Planning overlay risk

Listed

Updated

Days on market

12

Investment Score

Essentials feature

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Deal qualityGrowthCash flowMarket liquidityRisk control
Bushfire zone

Est. Valuation

$642,041

Potential Sell Price

Est. Rent/wk

$483

Potential Gross Yield

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Key Highlights

Suburb avg 106 days on market
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Planning Overlays

Overlays Detected

Subdivision & Development Potential

GRZ1General Residential Zone 1

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$660,000
Stamp Duty (Victoria)
$34,670
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$698,870

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
Low Density
Listed
Last Updated
Postcode
3226

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