Suburb Profile Report for Ocean View QLD (4521)

Ocean View House: Median price $680,000, Annual capital growth 1.08%, Number of sales 22, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Giving property investors a an average capital gain of 4.78% for the last year, Ocean View, 4521 is the 1992th highest performer in Australia in this respect.

While Ocean View,4521 ranked number 696th in QLD for increase in median house value (annualised) increase, it is ranked 433th over the last 5 years.

Our latest figures would indicate that property sellers in Ocean View are currently offering property investors an average price cut of -4.72% below the asking price at the moment.

Often selling an investment property can take time, and in Ocean View the average time real estate has been on the market is 132.64 days.

HOUSE UNIT
$680,000 N/A
-2.51% N/A
4.78% N/A
1.08% N/A
N/A N/A
22 N/A
N/A N/A
132.64 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 818
Median household income ($/weekly) 1489
Median age of persons 44
Median housing loan repayment ($/monthly) 2100
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 132 16.2
    35-44 years 138 16.9
    45-54 years 155 19.0
    55-64 years 131 16.0
    65-74 years 77 9.4
    Others 184 22.5
    Age Group
    Census Count Percent(%)
    Registered Married 353 62.6
    Not Married 162 28.7
    Defacto Relationship 49 8.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 626 80.4
    Papua New Guinea 26 3.3
    South Africa 13 1.7
    United Kingdom 57 7.3
    Other 19 2.4
    Others 38 4.9
    Country of Birth
    Census Count Percent(%)
    Buddhism 14 1.9
    Christianity 462 63.6
    Islam 3 0.4
    Other Religious Groups 6 0.8
    No Religion 238 32.8
    Others 3 0.4
    Religious Affiliation
  • Census Count Percent(%)
    $600-$799 24 9.9
    $1,000-$1,249 21 8.6
    $1,250-$1,499 23 9.5
    $1,500-$1,999 36 14.8
    $2,000-$2,499 32 13.2
    Others 107 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 235 38.7
    Not in the labour force 209 34.4
    Employed, worked part-time 120 19.7
    Employed, away from work 31 5.1
    Unemployed, looking for work 13 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 50 13.2
    Professionals 103 27.2
    Technicians & trades workers 45 11.9
    Community & personal service workers 34 9.0
    Clerical & administrative workers 62 16.4
    Others 85 22.4
    Occupation
    Census Count Percent(%)
    Pre-school 10 5.2
    Infants/Primary 94 49.0
    Secondary 56 29.2
    Technical or Further Educational Institution 6 3.1
    University or other Tertiary Institutions 23 12.0
    Others 3 1.6
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 734 100.0
    Semi-detached, row or terrace house, townhouse 0 0.0
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 149 53.2
    Fully owned 107 38.2
    Rented 21 7.5
    Other tenure type 3 1.1
    Tenure Type
Census 2011, ABS
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Recent sales & rentals