OCEAN BEACH ranks 423rd in WA when it comes to estimated capital gains experienced by property investors over the past three years.
The suburb’s capital gain of -17.24% for the past year is lower than average compared to its -13.88% growth within a five-year period.
Also in OCEAN BEACH, the median home price is sitting at $450,000, and the average rent at $367.5, this suggests property owners could potentially earn a 4.25% increase in gross rental yield.
A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a -1.7% decrease over a ten-year period. It ranks 4013th on our list of suburbs that property investors should look into.