Real Estate Radar

October 2026 data · Greater Geelong · VIC

Ocean Grove house prices: median price and growth

Median house
$980k
▲ +2.1% in 12 months
Median unit
$755k
▼ −2.1% in 12 months
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The median house price in Ocean Grove is $980k (October 2026), up 2.1% over 12 months. Units have a median of $755k, down 2.1% over 12 months. That puts Ocean Grove above the typical Geelong suburb ($803k) and number 5 of the 5 suburbs around it.

Map of Ocean Grove and neighbouring suburbs coloured by median house priceOcean Grove$980KBarwon Heads$1.39MMarcus Hill$1.5MPoint Lonsdale$1.2MWallington$1.7M

Median house price

  • $2.25M+
  • $2M–$2.25M
  • $1.75M–$2M
  • $1.5M–$1.75M
  • $1.25M–$1.5M
  • $1M–$1.25M
  • $750K–$1M
  • $500K–$750K
  • <$500K
Ocean Grove (outlined) and neighbouring suburbs by median house price, October 2026, in the Market Dashboard's colours for VIC. Open the interactive map for trends, rents and sales.

Ocean Grove price changes

TypeMedian3 mo6 mo12 mo
House$980k▲ +0.8%▲ +1.2%▲ +2.1%
Unit$755k▲ +1.0%▼ −3.2%▼ −2.1%

Changes compare the median with three, six and twelve months earlier. A dash means too few sales for a reliable figure. How these figures are worked out.

Ocean Grove compared with nearby suburbs

Suburbs within about 1 km of Ocean Grove, dearest house median first. Select a column heading to sort.

HouseUnit
Wallington$1.70m0.0%▼ −2.9%▼ −0.9%––––
Marcus Hill$1.50m–––––––
Barwon Heads$1.39m▼ −0.7%▼ −1.4%▼ −2.5%$1.04m0.0%▲ +6.6%▲ +5.4%
Point Lonsdale$1.20m0.0%0.0%0.0%$870k▼ −0.3%▼ −3.5%▼ −11.7%
Ocean Grove$980k▲ +0.8%▲ +1.2%▲ +2.1%$755k▲ +1.0%▼ −3.2%▼ −2.1%

Living in Ocean Grove

From the 2021 ABS Census: Ocean Grove against the Greater Geelong council area and VIC. Council and state percentages count all their residents; their medians are the middle suburb by population.

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FigureOcean GroveGreater Geelong (council)VIC
People
Population17,714275,2616,503,500
Median age434039
Families with children🔒🔒🔒
Born overseas11.3%17.5%30.0%
Language other than English at home🔒🔒🔒
Work and education
Median household income$1,837/wk$1,643/wk$1,856/wk
Median personal income🔒🔒🔒
Professionals and managers🔒🔒🔒
Unemployment🔒🔒🔒
Bachelor degree or higher🔒🔒🔒
Completed Year 12🔒🔒🔒
Housing
Owned outright🔒🔒🔒
Owned with a mortgage🔒🔒🔒
Rented18.5%27.7%28.5%
Separate houses🔒🔒🔒
Flats and apartments🔒🔒🔒
Median weekly rent🔒🔒🔒
Median mortgage repayment🔒🔒🔒
Advantage
SEIFA advantage (IRSAD), Australian decile🔒🔒🔒

🔒 Age, occupation and ancestry breakdowns for Ocean Grove, its council and VIC

Source: ABS Census of Population and Housing 2021. More figures, maps and the 2016 Census are in Location Insights.

Common questions

What is the median house price in Ocean Grove?

The median house price in Ocean Grove was $980k in October 2026, up 2.1% on a year earlier. The typical Geelong suburb median was $803k.

What is the median unit price in Ocean Grove?

The median unit price in Ocean Grove was $755k in October 2026, down 2.1% over 12 months.

Is Ocean Grove more expensive than nearby suburbs?

Of the 4 neighbouring suburbs with a median house price, 4 are dearer than Ocean Grove and 0 are cheaper or the same.

Where does this data come from?

Prices come from REA sales data for October 2026, all bedroom counts, refreshed monthly. Medians cover sales over the past 12 months; changes are shown only where at least 10 homes of that type sold.