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Ocean Vista, TAS 7320
Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics
Data updated
Median House
$605,000
list-price estimate
Median Unit
$445,000
Gross Yield (houses)
3.5%
1yr Growth
-
Investment snapshot for Ocean Vista
Ocean Vista has enough public data for first-pass screening across yield, vacancy, price and supply signals.
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Ocean Vista market and investor summary
In Ocean Vista, TAS 7320, houses show a gross rental yield of 3.5%. At 2.5% vacancy, it is a broadly balanced rental market.
For an investor, the rent-to-price profile sits mid-range: a gross house yield near 3.5% is neither a standout cashflow play nor a pure growth bet. Houses also take time to sell, around 80 days on market, so plan for a slower exit if you ever need one.
Living in Ocean Vista: people, income and schools
Ocean Vista is home to around 322 people, a number that has held fairly steady over five years. At a median age of 49, it reads as skewed a little older, and 75% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.
The typical household income runs to around $64,000 a year (about $1,240 a week). On socio-economic measures it ranks toward the more disadvantaged end of the ABS advantage index (1 out of 10). Incomes have risen about 16% over five years, which tends to underpin what local buyers can pay.
Families have 12 schools within roughly 5km to choose from, testing close to the national school average on ICSEA. It is fairly car-dependent; the suburb scores 3 for walkability and 3 for transit out of 100. Fixed broadband is delivered over the NBN's Fixed Wireless.
- Population
- 322
- +1% over 5yr
- Median age
- 49 years
- Median household income
- $64,000/yr
- Households renting
- 25%
- Family households
- 66%
- Socio-economic rank
- 1/10
- ABS advantage index
- Schools within 5km
- 12
- avg ICSEA 986
- Unemployment
- 6.0%
- Walk score
- 3/100
Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.
Properties in Ocean Vista
No properties currently listed in Ocean Vista
Search Ocean Vista listings →Frequently asked questions about Ocean Vista
What should I check before investing in Ocean Vista?
Ocean Vista has enough public data for first-pass screening across yield, vacancy, price and supply signals. Unit gross rental yield of 4.8% gives a usable rent-to-price starting point. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.
What are typical property prices in Ocean Vista?
The median property price in Ocean Vista, TAS 7320 is $445K for units.
What rental yield does Ocean Vista show?
The gross rental yield in Ocean Vista is 3.5% for houses and 4.8% for units. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.
How tight is the rental market in Ocean Vista?
The current vacancy rate in Ocean Vista is 2.5%. A rate under 2% generally signals a tight rental market. This suburb's rental market is balanced, favouring neither landlords nor tenants strongly.
How many people live in Ocean Vista?
Ocean Vista has a population of approximately 322 residents, with a median age of 49.
What schools are near Ocean Vista?
There are 12 schools within roughly 5km of Ocean Vista. Their average ICSEA is close to the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.
Is Ocean Vista's population growing?
The population of Ocean Vista has held roughly flat over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.
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