Suburb Profile Report for Ocean View QLD (4521)

Ocean View House: Median price $722,500, Annual capital growth 7.64%, Number of sales 18, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 41th in the list of Australian suburbs ordered by increase in median house value over the last year, Ocean View, 4521 is in the top 10% with a property value increase of 33.80% recorded in median house prices.

Across a shorter period, Ocean View, 4521 has seen a median price increase of 6.64% over the last quarter.

State is the 3rd most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.23% offered to property buyers. Sellers in Ocean View itself are offering an average vendor discount of -5.31% to real estate investors.

HOUSE UNIT
$722,500 N/A
6.64% N/A
33.80% N/A
7.64% N/A
N/A N/A
18 N/A
N/A N/A
153.33 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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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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