Suburb Profile Report for Ocean Beach WA (6333)

Ocean Beach House: Median price $570,000, Annual capital growth 5.52%, Number of sales 17, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report

Investment property in Ocean Beach has done well for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 16.33%

The five-year average increase in median property values for Ocean Beach,6333 has given property investors a potential capital gain of 22.58% across each of those five years.

Vendor discounting in Ocean Beach is giving property investors an average Vendor Discount of around -3.48%. This puts suburb at number 423th in WA when ranking the most discounted suburbs.

At number 2698 in a list of fastest selling suburbs, Ocean Beach is in the bottom 30% of suburbs in Australia with an average of days on market 103.23 for properties listed there.

Ocean Beach, 6333’s gross rental yield is 3.38%

HOUSE UNIT
$570,000 N/A
N/A N/A
16.33% N/A
5.52% N/A
$370 N/A
17 N/A
3.38% N/A
103.23 N/A

Source: CoreLogic

DSR Score for property investment : Above average (H), Above average (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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