Suburb Profile Report for Ocean Shores NSW (2483)

Ocean Shores House: Median price $655,000, Annual capital growth 5.31%, Number of sales 119, Weekly median advertised rent $510

Ocean Shores Unit: Median price $488,000, Annual capital growth 4.81%, Number of sales 55, Weekly median advertised rent $430

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report

At number 208th in the list of Australian suburbs ordered by increase in median house value over the last year, Ocean Shores, 2483 is in the top 10% with a property value increase of 23.00% recorded in median house prices.

Ocean Shores,2483 was ranked 1257 in Australia by increase in median property value over the quarter.

The most recent median price for Ocean Shores is $655000, with sellers offering an average of -4.06% off the asking price.

Often selling an investment property can take time, and in Ocean Shores the average time real estate has been on the market is 80.71 days.

Ocean Shores, 2483’s gross rental yield is 4.05%

With a capital gain of 9.66% for the last 12 months, Ocean Shores, 2483 has performed for property investments than its average annual 4.81% property growth over the last 5 years.

Ocean Shores,2483 was ranked 1129 in Australia by increase in median property value over the quarter.

Property buyers and investors in Ocean Shores 2483 should be seeing an average reduction in asking price of around -4.01% . This means that Ocean Shores is holding prices well when compared to other suburbs in NSW.

Renters in Suburb are facing rents around $5160 per annum or $430 every week.

Metrics i HOUSE UNIT
$655,000 $488,000
3.15% -0.41%
23.00% 9.66%
5.31% 4.81%
$510 $430
119 55
4.05% 4.58%
80.71 117.46

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
Find a mortgage broker in Ocean Shores NSW
Demographics
Total population 4869
Median household income ($/weekly) 907
Median age of persons 41
Median housing loan repayment ($/monthly) 1733
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 656 13.5
    25-34 years 457 9.4
    35-44 years 738 15.2
    45-54 years 802 16.5
    55-64 years 685 14.1
    Others 1532 31.5
    Age Group
    Census Count Percent(%)
    Not Married 1590 44.2
    Registered Married 1476 41.0
    Defacto Relationship 532 14.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 3892 82.7
    Greece 54 1.1
    Papua New Guinea 98 2.1
    United Kingdom 281 6.0
    Other 165 3.5
    Others 216 4.6
    Country of Birth
    Census Count Percent(%)
    Buddhism 128 3.0
    Christianity 2321 53.6
    Judaism 55 1.3
    Other Religious Groups 55 1.3
    No Religion 1751 40.4
    Others 23 0.5
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 248 14.4
    $600-$799 220 12.8
    $800-$999 219 12.7
    $1,000-$1,249 204 11.9
    $1,500-$1,999 194 11.3
    Others 635 36.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1495 39.6
    Employed, worked full-time 992 26.3
    Employed, worked part-time 935 24.8
    Unemployed, looking for work 202 5.4
    Employed, away from work 151 4.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 444 21.4
    Technicians & trades workers 313 15.1
    Community & personal service workers 260 12.5
    Clerical & administrative workers 238 11.5
    Labourers 250 12.0
    Others 573 27.6
    Occupation
    Census Count Percent(%)
    Pre-school 101 8.7
    Infants/Primary 416 35.9
    Secondary 349 30.1
    Technical or Further Educational Institution 131 11.3
    University or other Tertiary Institutions 129 11.1
    Others 34 2.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 4222 89.9
    Semi-detached, row or terrace house, townhouse 247 5.3
    Flat, unit or apartment 213 4.5
    House or flat attached to a shop, office 10 0.2
    Caravan, cabin, houseboat 4 0.1
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 680 35.7
    Fully owned 661 34.7
    Rented 552 29.0
    Other tenure type 12 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals