4 Elva Road
Ocean Grove, 3226 VIC
House on a 341 m² block with 11m frontage.
Property Snapshot
House3 Bed2 Bath2 Off Street341 m² Land11m Frontage
Investment Highlights
What makes 4 Elva Road compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
341 m²
Frontage
11m
Zoning
GRZ2
Residential - Medium Density
Why Buyers Look At This One
Walkable transport position — approx. 3.5km to bus, 7.1km to train station and 2.1km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
3
Bathrooms
2
Parking
2 off-street
Internal Area
—
Ownership & Value
Last Sold$1.22M
Sold DateApr 2026
Land Value—
RPD2\PS543310
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Residential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
3 Bed Median
$873k
Growth Since 2026
—
Price Estimate
—Low
$1.22M
—High
VeryHigh Confidence
—
Since last sold — $1,220,000 — April 2026
Suburb 3 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$570
3 Bed Yield
3.4%
Vacancy
1.6%
Rentals Last 12M
22
Suburb 3 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: BPA - Bushfire Prone Area. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 4 Elva Road.
Train Station
7.1km
Bus Stop
3.5km
Schools
2.1km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.6%Train Station
7.1kmBus Stop
3.5kmCentre Zone
821mRoad Type
residential (Low Noise)School Catchment
2.1kmOcean Grove Snapshot
Broader suburb metrics that support the local story.
Population
17,714
Owner Occupiers
78%
Social Housing
0.6%
Crime Index
—
Not available
High Owner Occupier AppealLow Vacancy
Explore Ocean Grove in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
