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Investment Property Ocean Shores, NSW, 2483

Suburb Snapshot

Ocean Shores is a suburb in the Byron Region of New South Wales. Ocean Shores has a population of 5,136 people and 23.21% of its occupants live in rental accommodation. The median listing price for houses is $1,200,000 and this has changed 9.09% over the past year and changed -4.00% over 2 years.

The median rent in Ocean Shores for houses is $850 per week and the median rental yield is 3.68%. Stock on the market for houses/townhouses has changed 77.78% compared to last year and the average time to sell a house/townhouse is 77 days.The median listing price for units is $745,000 and this has changed 12.96% over the past year. The average unit takes 54 days to sell and the median rent for a unit in Ocean Shores is $480 per week, producing a rental yield of 3.35%.

Supply & Demand in Ocean Shores, Byron

0.57%

Current vacancy rate


15

Rental stock available


5,136

Population


23.21%

Rental population


0.76%

Current vacancy rate


144

Rental stock available


31,555

Population


23.52%

Rental population


1.02%

Current vacancy rate


37,155

Rental stock available


7,480,223

Population


27.79%

Rental population


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Statistical data for Ocean Shores, Byron

  House Townhouses Units
Median listing price $1,200,000 $1,125,000 $745,000
Median price change - last quarter 1.47% NA 3.54%
Median price change - 1 year 9.09% NA 12.96%
Median price change - 2 years -4.00% NA NA
  House Townhouses Units
Median weekly rent $850 $685 $480
Median yield % 3.68% 3.16% 3.35%
Median rent change - 1 year 6.25% -7.44% -12.73%
  House Units
Previous month sales 8 1
Stock on market previous month 48 8
Stock variance vs. last year 77.78% 0.00%
Average days on market 77 54

Ocean Shores investment property listings

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