Suburb Profile Report for Ocean View QLD (4521)

Ocean View House: Median price $886,500, Annual capital growth 5.06%, Number of sales 31, Weekly median advertised rent N/A

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

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report

Giving property investors a a poor capital gain of 4.29% for the last year, Ocean View, 4521 is the 3581th highest performer in Australia in this respect.

The five-year average increase in median property values for Ocean View,4521 has given property investors a potential capital gain of 26.19% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Ocean View, 4521. Typically our figures indicate that -2.95% is being offered, which puts this QLD suburb at 2294th most discounted overall in Australia.

In the last year 31 properties changed hands in Ocean View, which puts it as the 705th most active market in QLD when comparing the number of sales per suburb.

Metrics i HOUSE UNIT
$886,500 N/A
0.74% N/A
4.29% N/A
5.06% N/A
N/A N/A
31 N/A
N/A N/A
69.875 N/A

Source: Monthly data update for Sep 2021 as supplied by CoreLogic. Data is reported to the period ending Jun 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (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
Chart Table