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 3.7% and has experienced a 12-month capital growth of Up 18.5%, with a median house buy price of $1,600,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
–
$1,350,000
$1,607,500
$1,600,000
Suburb Market Profile
Last month Ocean Reef had 7 properties available for rent and 33 properties for sale. Median property prices over the last year range from $1,600,000 for houses to $720,000 for units. If you are looking for an investment property, consider houses in Ocean Reef rent out for $1,025 PW with an annual rental yield of 3.7% and units rent for $725 PW with a rental yield of 5.5%. Ocean Reef has seen an annual compound growth rate of 18.5% for houses and 63.6% for units.
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