Ocean Reef

Last month Ocean Reef had 22 properties on sale, with 133 properties being sold in the past 12 months. The median property sale price over the last 12 months for houses has been $1,232,724, which has increased by 14.1%. The median sale price for units has been around $513,827 and has increased by 19.1%. If you are looking to rent or are interested in purchasing an investment property, the median weekly rent for a house in Ocean Reef is around $870 and has increased by 2.4% over the past 12 months. Meanwhile, the median weekly rent for a unit is around $743 and has increased by 21.7%.

There are around 8,113 residents living in Ocean Reef. They are predominantly made up of families, living in detached houses with the majority being mortgaged owners. The most common occupations for locals are professionals, managers, and Technicians and Trades Workers. Ocean Reef also has a number of primary and secondary schools nearby, including Beaumaris Primary School (primary) and Ocean Reef Senior High School (secondary).