Ocean Grove has had a pretty good year for property investment returns compared to the rest of VIC, giving investors a capital gain of 11.29% to date .
Ocean Grove,3226 was ranked 1578 in Australia by increase in median property value over the quarter.
Ocean Grove3226 is located in VIC which offers an average discount of -6.20% to property investors. Ocean Grove itself is showing figures that indicate -4.96% is the average achievable by property buyers investing in the suburb.
The VIC suburb of Ocean Grove, 3226 is in the Greater Geelong (C) local government area.
Ocean Grove is in the TOP 10% in VIC when comparing median price capital growth over the last year. Ocean Grove gave property investors a very good capital gain figure when compared to the rest of the state, with 25.75%.
Ocean Grove,3226 was ranked 318 in Australia by increase in median property value over the quarter.
Property buyers and investors in Ocean Grove 3226 should be seeing an average reduction in asking price of around -5.08% . This means that Ocean Grove is holding prices well when compared to other suburbs in VIC.