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Ocean Shores suburb profile

Ocean Shores is a picturesque coastal suburb in the Northern Rivers region of New South Wales, known for its stunning beaches and relaxed lifestyle. Situated just north of Byron Bay, it offers a serene escape with its lush landscapes and ocean views. The suburb features a mix of residential areas, including modern homes and holiday accommodations, catering to both locals and visitors. Ocean Shores is home to a vibrant community, with amenities such as shopping centers, schools, and recreational facilities. Its proximity to natural attractions and a laid-back atmosphere make it a desirable destination for families and retirees seeking tranquility by the sea.

Ocean Shores property market performance

Current median dwelling price$813,750Past 3 months

Property growth-1.2%Past 12 months

Ocean Shores has seen a positive shift in its property market, with house values rising by 8.2% over the last 12 months, setting the median house price at approximately $1.28 million. Unit values have remained unchanged, indicating a stable but less dynamic unit sector.

Over the past three months, 19 houses were sold, reflecting a steady market presence, while unit sales were minimal with only 3 sold. Houses are experiencing an average of 50 median days on the market, with no current data for units.

The rental market in Ocean Shores shows a sharp contrast with house rents remaining stable, while unit rents have surged by 26.3%, signalling a heightened demand for rental units despite a static sales market.

HousesUnits
Median price
Past 3 months
$1.24MN/A
Change in value
Past 12 months
7.5%-10.0%
Sold
Past 3 months
162
Median days on market
Past 12 months
50N/A
Average rent
Past 12 months
$930$595
Change in rent
Past 12 months
3.3%19.0%

5 year median price trend for houses and units

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Ocean Shores demographics

Ocean Shores, nestled in the Northern Rivers region of New South Wales, is a picturesque coastal suburb known for its serene lifestyle and natural beauty. With a population of 5,777, it offers a tranquil escape from the hustle and bustle of city life, attracting families, retirees, and those seeking a peaceful environment. The median age of 43 reflects a mature community, with many residents enjoying the suburb's relaxed pace and scenic surroundings.

The suburb's housing landscape is characterized by a significant proportion of home ownership, with 38.1% of properties owned outright and 34.8% owned with a mortgage. This indicates a stable community with a strong sense of permanence and investment in the area. Renting is less common, with only 27.1% of properties being rented, appealing to those who prefer long-term settlement and home ownership.

Family dynamics in Ocean Shores are diverse, with couple families with children making up 36.5% of the population, while couple families without children account for 39.3%. One-parent families represent 23.1%, highlighting a supportive community structure. The suburb's appeal lies in its balance of family-friendly amenities, natural attractions, and a close-knit community atmosphere, making it an ideal location for those seeking a harmonious blend of coastal living and community spirit.

Suburbs near Ocean Shores

Some popular suburbs near Ocean Shores include:

How does Ocean Shores compare to nearby suburbs?

  • Median house prices: Ocean Shores’s median house price is 13.8% higher than Mullumbimby’s.
  • House price growth: Over the past 12 months, house prices in Ocean Shores have grown 15.4% higher than in Brunswick Heads.
  • Unit price growth: Property prices in nearby Brunswick Heads have risen 35.6% more than in Ocean Shores over the past year.
  • Selling speed for houses: Properties in Ocean Shores are selling 35.9% faster than in Brunswick Heads.

Choose the right real estate agents in Ocean Shores

There are 38 real estate agents in Ocean Shores, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 37.8% of all sales in the past year.

Commission rates in Ocean Shores typically range from 1.88% to 3.25%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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