Ocean Grove Property Market And House Prices
Suburb of Dunedin City
Author: Ed McKnight
Resident Economist, with a GradDipEcon and over five years at Opes Partners, is a trusted contributor to NZ Property Investor, Informed Investor, Stuff, Business Desk, and OneRoof.
Key house price data for Ocean Grove, Dunedin City
Key house price data for Ocean Grove, Dunedin City
Average House Value
Average Rent
Estimated Yield
Long Term Capital Growth
Ed's Insights
Ocean Grove is a suburb in Dunedin City.
459 people currently live in Ocean Grove. 17.7% of these people rent.
The average house value in Ocean Grove is $544,050.
That's up 2.9% from 2 years ago.
Market Insight - Median House Price Trend
Sales Data
Average House Value
Median Days to Sell
Properties listed for sale in the last month
Properties sold in the last 12 months
Insights
The average house value in Ocean Grove is $544,050.
On average it takes 32 days to sell a house.
All up 8 properties were sold in Ocean Grove over the last year, and 2 properties were listed for sale in the last month.
Rental Data
Median Rent
Rental properties listed last year
Rental properties listed last month
Median days to rent
| Bedrooms | Rent | Change |
|---|---|---|
1 Bedroom | $400/week | 22.1% |
2 Bedrooms | $520/week | 2.8% |
4 Bedrooms | $730/week | 7.4% |
Insights
There is no rental data available for Ocean Grove at this time. We are working hard to get this data. We hopefully will have some shortly.
Demographic Info
What do tenants in Ocean Grove want?
The most popular number of bedrooms a tenant rents in Ocean Grove is 3 bedrooms.
53.9% of tenants in the suburb rent properties with 3 bedrooms.
The most popular number of cars in Ocean Grove is 1 car.
72.7% of residents in the suburb own 1 car.