Barwon Heads and Point Lonsdale remain strong due to limited supply and high lifestyle demand, though they operate within a broader Bellarine Peninsula price correction. While nearby Ocean Grove has seen an annual house price change of -6.19% (CoreLogic/Cotality), these premium villages typically maintain higher price points and tighter inventory. High-end coastal assets in Barwon
April 2026 presents a complex selling environment in Ocean Grove and Barwon Heads. Vendor confidence increased through late 2025, with listings up nearly 40% since December 2025 (Raine & Horne). However, recent RBA rate hikes have introduced caution, dampening buyer urgency (Domain’s Dr Nicola Powell). Ocean Grove’s median house price is approximately $1,039,067 (early 2026),
The Bellarine Peninsula property market has experienced a correction from the highs seen during the COVID period, with Ocean Grove’s median house price decreasing by 6.19% annually (as of early 2026). However, premium coastal towns like Barwon Heads and Point Lonsdale are holding firm due to limited supply and consistent demand. Geelong, the gateway to
