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%