Ocean Shores, NSW

FAIR VALUE

5,538 sales · 36 years of data · NSW, Australia

$1,157,000
Median (All)
$1,285,000
Median (Houses)
$965,000
Median (Apartments)
9.6%
10yr CAGR
7.6%
36yr CAGR
17.0%
Strata %
36 years of data · 5,538 sales analysed · 2,500+ suburbs · Updated weekly

Ocean Shores, NSW Property Market Overview

Ocean Shores, nestled in the Northern Rivers region of New South Wales, presents a compelling picture of the Australian property market. With a recorded 5,538 sales over the past 36 years, this postcode 2483 suburb offers a substantial dataset for analysis. The current median property price (all types) sits at $1,157,000, while houses command a median of $1,285,000 and apartments $965,000.

Ocean Shores is notable for its blend of coastal lifestyle and established residential character. The suburb's historical growth, reflected in its impressive Compound Annual Growth Rates (CAGR), makes it a subject of considerable interest for property market observers. Its location near Byron Bay further enhances its appeal.

Currently fair value
Relative to the long-term price trend line
$500K invested 10yr ago → $1,250,477
Based on the 10-year compound annual growth rate of 9.6%
Predominantly houses17% apartments
83% of sales are houses and other non-strata properties
Loading chart...

Property Mix

83%
17%
Houses 83%$1,285,000Apartments 17%$965,000

Data You Can Trust

Every figure backed by NSW government sale records

7 million+
verified sale records
2,500+
NSW suburbs covered
36 years
of market history
Weekly
NSW Gov. data updates

What Subscribers See

A preview of the full analysis available for Ocean Shores

Street Rankings

Top streets in Ocean Shores, NSW by median sale price

See which streets command the highest prices and how many sales back each ranking.

#StreetTypeSalesMedian Price
1Yengarie WayHouse5$1,983,000
2Berrimbillah CtHouse8$1,640,000
3Rajah RdHouse6$1,250,000
4Bulgoon CresHouse6$1,565,000

... and 186 more streets available

Subscribers also see:

  • Street price per m² analysis
  • Street annual growth rates (CAGR)
  • Premium vs discount % comparison
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Price per m²

Streets by price per square metre

Compare land and building value across streets — essential for finding underpriced pockets.

#StreetTypeSalesMedian $/m²
1Burra Burra ClApartment8$2,359/m²
2Glendale CresHouse4$1,895/m²
3Yengarie WayHouse5$1,986/m²
4Kulgun CtApartment4$2,161/m²

... and more $/m² rankings

View full $/m² data
Growth Rates

Fastest growing streets by median price

10-year compound annual growth rate (CAGR) by street — see which streets are outperforming the suburb.

#StreetType10yr CAGR
1Mundurra AveHouse+11.7%
2Kallaroo CctHouse+12.0%
3Wirree DrHouse+9.1%
4Boondoon CresApartment+11.3%

... and more street growth rates

See all growth rates

Past growth rates are not indicative of future performance. This data is for informational purposes only.

Building Analytics

Building-by-building comparison

34
apartment buildings analysed
#AddressSalesMedian$/m²
13 Burra Burra Cl3$795,000$2,274/m²
22 Kulgun Ct4$750,000$2,161/m²
317 Palmer Ave3$1,157,000$4,198/m²
44 Roundhouse Pl4$1,035,000$3,703/m²

... and 30 more buildings

Compare individual buildings by price per sqm, median unit price, and sales volume. Identify which buildings are gaining or losing value relative to the suburb average.

View full building data
Risk Indicator

Flipper risk & hold period analysis

Available with full access
 

Properties resold within 2 years may signal problems — structural issues, noisy locations, or overpayment. See hold period distribution and flagged streets.

See flipper risk data
Risk Indicator

Settlement times & problem streets

51
average days to settlement

Extended settlement times can indicate building defects, financing difficulties, or legal issues. See which streets have the longest settlement periods.

See settlement data
Suburb Change

Density & development tracking

17%
apartments across 34 buildings

Track which streets are converting from houses to apartments. Understand how density is changing the suburb's character and property values over time.

See density trends

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190 streets and 34 buildings to explore

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3 street rankings
All 190 streets ranked
Cycle chart preview
Full chart — all years
Basic median prices
Price per m² by street
Suburb-level growth only
10-year CAGR by street
Building count only
34 buildings compared
Summary stats only
Flipper risk + settlement data

Based on 5,538 verified property sales across 36 years · Last updated: February 2026

Trusted by 100+ property investors across NSW

Ocean Shores at a Glance

Region
Northern Rivers, NSW
CBD Distance
Approximately 750km north of Sydney CBD
Train Station
Mullumbimby Station (Northern Rivers Line)
Council
Byron Shire Council
Property Character
Established residential with a mix of houses and apartments
Community
Families, retirees, and those seeking a coastal lifestyle

Ocean Shores, NSW

Map data © OpenStreetMap contributors

Local Amenities


Living in Ocean Shores, NSW

Living in Ocean Shores offers a relaxed coastal lifestyle with access to beautiful beaches and natural surroundings. The suburb boasts several parks and reserves, providing ample green spaces for recreation and relaxation. For families, Ocean Shores Public School serves the local community, and nearby high schools offer further educational options.

The Ocean Shores Shopping Centre provides convenient access to everyday necessities. The suburb's proximity to Brunswick Heads and Byron Bay allows residents to easily access a wider range of amenities and entertainment options. The local vibe is generally laid-back and community-oriented, attracting those seeking a quieter pace of life. The Ocean Village Shopping Centre provides another convenient shopping location.

The Ocean Shores Golf Club is a popular location for both residents and visitors.


Who Buys in Ocean Shores?

Ocean Shores attracts a diverse range of buyers, including families, downsizers, and those seeking a coastal lifestyle. The median house price of $1,285,000 suggests the area appeals to established buyers. The apartment median of $965,000 might attract first home buyers or those looking for a smaller property. The 17.0% strata percentage indicates a mix of housing options, catering to different preferences.

The suburb's historical growth, reflected in its strong CAGRs, may also attract investors looking for capital appreciation. However, the primary draw remains the lifestyle and community aspects that Ocean Shores offers.

Market Analysis

The Ocean Shores property market, as of early 2026, is assessed to be near its long-term trend, indicating fair value. This assessment suggests that prices are currently aligned with historical growth patterns and fundamental market drivers. It means the market isn't significantly deviating from its expected performance based on past trends.

A market at fair value implies a degree of stability, where rapid price escalations or sharp declines are less likely. This positioning reflects a balanced market dynamic, where supply and demand forces are relatively in equilibrium within Ocean Shores. Such conditions can appeal to buyers and sellers seeking predictable market behaviour.


Is Ocean Shores a Good Investment?

The historical growth patterns of Ocean Shores suggest a market with enduring appeal. The suburb's 10-year CAGR of 9.6%, 20-year CAGR of 6.4%, and full-period CAGR of 7.6% demonstrate consistent capital appreciation over the long term. While past performance is not indicative of future results, these figures offer insights into the suburb's historical market dynamics.

The current market position of Ocean Shores, assessed as near its long-term trend (fair value) as of early 2026, suggests a balanced market environment. This positioning, coupled with the suburb's desirable coastal location and community amenities, may contribute to sustained property values. The appeal of Ocean Shores lies in its lifestyle offerings and established residential character.


Ocean Shores Market Outlook

As of early 2026, the Ocean Shores property market is assessed to be near its long-term trend (fair value). Recent price trends suggest a market that is relatively stable, without significant price fluctuations. This stable environment could be appealing to both buyers and sellers seeking predictability.

However, it's important to note that market conditions can change rapidly, and any assessment is a snapshot in time. Ongoing monitoring of key market indicators is essential to stay informed about the evolving dynamics of the Ocean Shores property market.

Streets & Location in Ocean Shores, NSW

Ocean Shores, postcode 2483, features a diverse range of residential streets, with approximately 190 streets contributing to the suburb's character. Among the top streets by median price are Matong Drive, Yalla Kool Drive and Warrambool Road. These streets often reflect desirable aspects of the suburb, such as proximity to amenities, views, or larger block sizes.

The location of Ocean Shores, nestled within the picturesque Northern Rivers region, adds to its appeal. Its proximity to the coast and established community make it a sought-after area.

Market Dynamics

Transaction patterns in Ocean Shores reveal an average settlement timeframe of 51 days, indicating a relatively efficient sales process. This figure provides insights into the pace of property transactions within the suburb. Data regarding quick-flip percentages is currently unavailable, meaning there is no data available on the amount of properties being sold shortly after purchase.

These transactional aspects contribute to the overall understanding of market liquidity and investor behaviour in Ocean Shores.

Development & Density

Ocean Shores features a mix of housing types, with a notable presence of detached houses alongside apartments. There are 34 apartment buildings in Ocean Shores, contributing to a strata title percentage of approximately 17.0%. This percentage reflects the proportion of properties managed under strata schemes, primarily apartments and townhouses.

The relatively low strata percentage suggests a predominantly low-density residential environment. The balance between houses and apartments shapes the overall character and housing options available in Ocean Shores.

Growth & Property Mix

Over the long term, Ocean Shores has demonstrated significant capital growth. The 10-year Compound Annual Growth Rate (CAGR) stands at 9.6%, reflecting robust performance in recent times. Looking further back, the 20-year CAGR is 6.4%, while the full-period CAGR, spanning 36 years, is 7.6%. This historical growth, coupled with a property mix where apartments account for approximately 17.0% of dwellings (based on strata title percentages), provides context for understanding the suburb's property market dynamics.

All data on this page is sourced from NSW government property sale records. Market analysis, cycle positions, growth rates, and all other metrics are provided for informational purposes only and do not constitute financial, investment, legal, or property advice. Always seek independent professional advice before making any property or financial decisions.

This information is based on historical sales data and does not constitute financial, investment, or property advice. Past performance is not indicative of future results. Always consult a qualified professional before making property decisions.

Frequently Asked Questions about Ocean Shores, NSW

What is the median property price in Ocean Shores?
The current median property price in Ocean Shores is $1,157,000 for all property types. Houses have a higher median of $1,285,000, while apartments have a median of $965,000.
Is Ocean Shores overvalued or undervalued?
As of early 2026, the Ocean Shores property market is assessed to be near its long-term trend, indicating fair value. This suggests that property prices are currently aligned with historical performance.
How has the Ocean Shores property market performed over 10 years?
Over the past 10 years, the Ocean Shores property market has shown strong growth, with a Compound Annual Growth Rate (CAGR) of 9.6%. This reflects a significant increase in property values over that period.
What percentage of Ocean Shores is apartments vs houses?
Apartments, as indicated by strata title percentages, make up approximately 17.0% of the properties in Ocean Shores. This suggests that houses are the dominant property type in the suburb.
Where is Ocean Shores in the property cycle?
As of early 2026, Ocean Shores is assessed to be near its long-term trend, indicating fair value within the current property cycle. This suggests a balanced market environment.
What schools are near Ocean Shores?
Ocean Shores Public School is located within the suburb, catering to primary school students. Nearby secondary schools include Mullumbimby High School and Byron Bay High School, providing further educational options.
What is Ocean Shores like to live in?
Ocean Shores offers a relaxed coastal lifestyle with access to beaches, parks, and local shops. The suburb has a friendly community atmosphere and is close to larger centres like Brunswick Heads and Byron Bay.
Is Ocean Shores good for families?
Ocean Shores can be a good option for families, with access to schools, parks, and a relatively safe environment. The availability of both houses and apartments provides housing options to suit different family sizes and budgets.
How far is Ocean Shores from Sydney CBD?
Ocean Shores is approximately 750km north of Sydney CBD. Travel is typically by car or plane, with driving taking around 8-9 hours.
What transport options are in Ocean Shores?
While Ocean Shores does not have a train station, Mullumbimby Station on the Northern Rivers Line is nearby. Bus services connect Ocean Shores to surrounding towns, and the Pacific Highway provides access to other regions.
How does Ocean Shores compare to nearby suburbs?
Compared to Byron Bay, Ocean Shores generally offers more affordable property prices. Mullumbimby, another nearby suburb, has a similar relaxed vibe but may have a slightly lower median property price than Ocean Shores.
Is Ocean Shores a good first home buyer suburb?
The median apartment price of $965,000 in Ocean Shores might be accessible to some first home buyers, depending on their financial situation. The availability of apartments and the suburb's lifestyle appeal could make it an attractive option.
What are the best streets in Ocean Shores?
Some of the top streets in Ocean Shores, based on median property prices, include Matong Drive, Yalla Kool Drive, and Warrambool Road. These streets often feature desirable properties and locations within the suburb.
How many properties have been sold in Ocean Shores?
Over the past 36 years, there have been a total of 5,538 recorded property sales in Ocean Shores. This provides a substantial dataset for analysing the suburb's property market trends.
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