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Investment Property Ocean Grove, VIC, 3226

Suburb Snapshot

Ocean Grove is a suburb in the Greater Geelong Region of Victoria. Ocean Grove has a population of 14,163 people and 15.68% of its occupants live in rental accommodation. The median listing price for houses is $1,000,000 and this has changed -4.77% over the past year and changed -9.10% over 2 years.

The median rent in Ocean Grove for houses is $570 per week and the median rental yield is 2.96%. Stock on the market for houses/townhouses has changed 4.48% compared to last year and the average time to sell a house/townhouse is 150 days.The median listing price for units is $660,000 and this has changed -4.35% over the past year. The average unit takes 199 days to sell and the median rent for a unit in Ocean Grove is $490 per week, producing a rental yield of 3.86%.

Supply & Demand in Ocean Grove, Greater Geelong

0.73%

Current vacancy rate


79

Rental stock available


14,163

Population


15.68%

Rental population


0.89%

Current vacancy rate


1,311

Rental stock available


233,426

Population


23.30%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Ocean Grove, Greater Geelong

  House Townhouses Units
Median listing price $1,000,000 $1,172,500 $660,000
Median price change - last quarter 0.00% 11.66% -4.35%
Median price change - 1 year -4.77% 14.39% -4.35%
Median price change - 2 years -9.10% 2.40% -12.00%
  House Townhouses Units
Median weekly rent $570 $580 $490
Median yield % 2.96% 2.57% 3.86%
Median rent change - 1 year 1.78% 0.00% 8.88%
  House Units
Previous month sales 28 1
Stock on market previous month 280 23
Stock variance vs. last year 4.48% -41.03%
Average days on market 150 199

Ocean Grove investment property listings

Showing 2 of 2 investment properties found in Ocean Grove on realestateinvestar.com.au

9 Rachel Ct, OCEAN GROVE

$850,000

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House

VIC 3226


10-12 Boulevarde Ct, OCEAN GROVE

$1,795,000

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VIC 3226


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