Ocean Shores

POSTAL CODE: NSW, 2483

HOUSE

UNIT

Property investments in OCEAN SHORES fare well against the rest of the country last year, registering a median home price increase of 17.12%.

Figures from the previous quarter show that capital gains for real estate buyers in the territory are low, as opposed to average gains per annum over the past five years.

Based on its average 5-year and quarterly capital gains OCEAN SHORES, 2483 saw average growth in the long term.

Real estate investors could earn a rental income of $920 based on current median home prices for the suburb.

It is expected, nonetheless, for properties to spend some time on the market prior to a successful sale. homes and units usually stay on listing for an average of 78.1 days.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Property investors perceived the median home price rise to $1,300,000.

OCEAN SHORES ranks 376th on the list of best yielding suburbs for rental properties in NSW, posting a 3.68% return.

Based on its average 5-year and quarterly capital gains OCEAN SHORES, 2483 saw average growth in the long term.

Besides that, the Australian suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Profits due to an upward trend in home prices in OCEAN SHORES, 2483 averaged 3.01% per annum over a 3-year period.

Average weekly rents on listings have reached the $630 mark, reflecting a 3.39% increase in returns based on the current median price in OCEAN SHORES.

An average of 4.92 real estate transactions take place per month in OCEAN SHORES which translates to 59 per annum.

59 properties were sold in OCEAN SHORES during the past year, making it the 103rd most active market in NSW based on total real estate transactions.

OCEAN SHORES, 2483 places th in Australia based on median property value growth during the quarter.

You’re out of free articles for this month

Username or Email

Password Forgot password?

Keep me signed in on this device.

First Name

Last Name

Mobile

Organisation Type

By becoming a member, I agree to receive information and promotional messages from Smart Property Investment. I can opt out of these communications at any time. For more information, please visit our Privacy Statement.

Need help signing up? Visit the Help Centre.

Loading form...

Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,300,000	$965,000
Growth Report
Median Quarterly	4%	0%
Median 12 month	17.12%	11.24%
Median 3 years	4%	9.04%
Median 5 years	50.29%	41.91%
10 years average annual	10.42%	8.61%
Weekly media advert. rent	$920	$630
Time on Market	78.1 days	67.1 days
Gross Rental Yield Percent	3.68%	3.39%

Demographics (Median Values)*

Total Population 10609

Weekly Household Income 1040

Household Size 2.30

Average Age 45

Monthly Loan Repayment 1724

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

Select a category

Age group

Top 10 Birth Countries

Dwelling Structures

Education

Household Income

Labour Force

Marital Status

Occupation

Religious Affiliation

Tenure Type