Suburb Profile Report for Ocean Beach WA (6333)

Ocean Beach House: Median price $527,500, Annual capital growth 0.59%, Number of sales 18, Weekly median advertised rent $373

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

Source: CoreLogic

  • House Report

With a capital gain of -6.22% for the last 12 months, Ocean Beach, 6333 has performed for property investments than its average annual 0.59% property growth over the last 5 years.

Comparing Ocean Beach,6333 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Property buyers and investors in Ocean Beach 6333 should be seeing an average reduction in asking price of around -5.00% . This means that Ocean Beach is holding prices well when compared to other suburbs in WA.

Often selling an investment property can take time, and in Ocean Beach the average time real estate has been on the market is 147.86 days.

Using the current median advertised rental of $372.5 and the average annual increase in value of a median property of 0.59%, investors should hope to achieve an overall return of 3.67%

Metrics i HOUSE UNIT
$527,500 N/A
-6.22% N/A
-6.22% N/A
0.59% N/A
$373 N/A
18 N/A
3.67% N/A
147.86 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 990
Median household income ($/weekly) 953
Median age of persons 44
Median housing loan repayment ($/monthly) 1517
Average household size 2.5
  • Census Count Percent(%)
    5-14 years 171 17.3
    35-44 years 135 13.6
    45-54 years 188 19.0
    55-64 years 142 14.3
    65-74 years 106 10.7
    Others 249 25.1
    Age Group
    Census Count Percent(%)
    Registered Married 346 53.5
    Not Married 219 33.8
    Defacto Relationship 82 12.7
    Social Marital Status
  • Census Count Percent(%)
    Australia 756 78.3
    New Zealand 10 1.0
    Papua New Guinea 23 2.4
    United Kingdom 115 11.9
    Other 19 2.0
    Others 42 4.4
    Country of Birth
    Census Count Percent(%)
    Christianity 431 48.2
    No Religion 431 48.2
    Buddhism 20 2.2
    Other Religious Groups 10 1.1
    Hinduism 3 0.3
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 51 15.9
    $600-$799 34 10.6
    $800-$999 55 17.1
    $1,250-$1,499 29 9.0
    $1,500-$1,999 41 12.8
    Others 111 34.6
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 276 36.7
    Employed, worked part-time 215 28.6
    Employed, worked full-time 203 27.0
    Employed, away from work 36 4.8
    Unemployed, looking for work 23 3.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 74 16.2
    Professionals 98 21.4
    Technicians & trades workers 90 19.7
    Clerical & administrative workers 46 10.1
    Labourers 48 10.5
    Others 101 22.1
    Occupation
    Census Count Percent(%)
    Pre-school 25 9.5
    Infants/Primary 118 45.0
    Secondary 67 25.6
    Technical or Further Educational Institution 35 13.4
    University or other Tertiary Institutions 13 5.0
    Others 4 1.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 848 98.1
    Improvised home, tent, sleepers out 6 0.7
    Caravan, cabin, houseboat 4 0.5
    Semi-detached, row or terrace house, townhouse 3 0.3
    House or flat attached to a shop, office 3 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 156 44.3
    Being purchased 103 29.3
    Rented 87 24.7
    Other tenure type 6 1.7
    Tenure Type
Census 2011, ABS
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