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Ocean View

Ocean View - SUBURB PROFILE REPORT

POSTAL CODE: QLD, 4521

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

The suburb also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $855,000.

Average weekly rents on listings have reached the N/A mark, reflecting a 0% increase in returns based on the current median price in OCEAN VIEW.

An average of 1.92 real estate transactions take place per month in OCEAN VIEW which translates to 23 per annum.

23 properties were sold in OCEAN VIEW in 2016, making it the 567th most active market in QLD based on total real estate transactions.

OCEAN VIEW, 4521 places 993rd in Australia based on median property value growth during the quarter.

Data report can be found below

KEY PROPERTY DATA REPORT	HOUSE	UNIT
Median Price	$855,000	N/A
GROWTH REPORT
Median Quarterly	-3.55%	N/A
Median 12 month	-2.84%	N/A
Median 3 years	N/A	N/A
Median 5 years	22.58%	N/A
10 years average annual	6.03%	N/A
Weekly media advert. rent	N/A	N/A
Time on Market	57.0 days	N/A
Gross Rental Yield Percent	N/A	N/A

demographics (median values)*

Total Population

664

Weekly Household Income

1136

Household Size

2.70

Age

Monthly Loan Repayment

1700

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

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12 MONTH GROWTH

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Mirador

103.33%
Bawley Point

98.13%
Walla Walla

90.7%
Byron Bay

86.67%
Kiama Heights

85.93%
Greta

84.14%
Nulkaba

81%
South Hobart

78.78%
Diddillibah

76.25%
Lennox Head

73.98%

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Ocean View

Ocean View - SUBURB PROFILE REPORT

POSTAL CODE: QLD, 4521

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Ocean View - SUBURB PROFILE REPORT POSTAL CODE: QLD, 4521

Data report can be found below

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Ocean View - SUBURB PROFILE REPORT

POSTAL CODE: QLD, 4521

Property Market
Update Report