Inland Ocean Grove home defies sceptics to sell for $2m-plus

The five-bedroom house at 105 Cerberus Drive, Ocean Grove, has sold for $2.05m. A resort-style five-bedroom home in a new estate more than 3km from the coast at Ocean Grove has confounded real estate pundits, selling for more than $2m. The five-bedroom residence at 105 Cerberus Drive sold for $2.05m after spending more than eight months on the market. The property was listed in late December 2025 with price expectations from $1.995m to $2.19m. RELATED: Buyers sat on low offer, then lost $1m+ home ‘A bit crazy’: Family goes large on multi-generational pad Builders flag red tape, tax hit on Geelong home buyers Fletchers, Ocean Grove agent Ben Roberts described receiving industry feedback on the quoted price range for the 1000sq m property, which backs on to the legislated town boundary of the Bellarine Peninsula town. “I said we’ll wait and see what happens,” Mr Roberts said. “Yeah, it took a while, but as it so often happens with these unique properties, we ended up with two three people at the end.” The covered entertainment space looks out over the pool to a separate poolside pavilion. Mr Roberts said one buyer was just below $2m, while another could have trumped the eventual buye...