OCEAN Grove has been named as one of the safest places to invest in Australia.
The Hotspotter by Ryder Price Predictor Index for Spring reveals Ocean Grove is in the top 50 most consistent markets across the nation with the volume of sales remaining steady each year.
This consistency is resulting in strong investor demand, according to Ocean Grove Real Estate agent Lissa Jacyna. “Rental demand in the area is always strong, showing good returns and quality tenants wanting long tenure,” Ms Jacyna said. The report shows the median house price in Ocean Grove is $575,000 and the number of sales in consecutive quarters include 133, 134, 128, 138, 136, 129, 130, 148 and 137 sales. Click here to read further