OCEAN REEF 6027
State: WAPosiProp AI Investment Summary
OCEAN REEF (WA 6027) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.6% and has experienced a 12-month capital growth of Up 10.3%, with a median house buy price of $1,435,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,325,000
$1,495,000
$1,435,000
Suburb Market Profile
Last month Ocean Reef had 14 properties available for rent and 6 properties for sale. Median property prices over the last year range from $1,435,000 for houses to $720,000 for units. If you are looking for an investment property, consider houses in Ocean Reef rent out for $950 PW with an annual rental yield of 3.6% and units rent for $675 PW with a rental yield of 5.5%. Ocean Reef has seen an annual compound growth rate of 10.3% for houses and 46.6% for units.