Over the last year, property investments in Ocean Shores, 2483 have given investors a capital gain of 28.94%. This compares very favourably with the 10.13% for NSW as a whole.
Comparing Ocean Shores,2483 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
State is the 7th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -5.28% offered to property buyers. Sellers in Ocean Shores itself are offering an average vendor discount of -4.23% to real estate investors.
If you compare the increase in value of investment property in Ocean Shores, 2483 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 15.56%.
Ocean Shores,2483 has offered an average of 15.56% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Ocean Shores is giving property investors an average Vendor Discount of around -3.75%. This puts suburb at number 264th in NSW when ranking the most discounted suburbs.
Residents and property investors in Ocean Shores have been waiting around 109.63 days to sell a property.
A $380 per week rent on the median house gives suburb investors a gross yield of circa 3.80%, without taking into account capital value appreciation, which has been averaging out at 5.21%.