All About Ocean Vista, Burnie, TAS, 7320

Ocean Vista, a serene suburb in Burnie, Tasmania, offers a unique blend of coastal beauty and accessible amenities, making its housing market quite attractive, especially for families and retirees looking to escape busier city life. The market here has seen moderate growth as more people recognize the value of living close to the ocean while still being near Burnie’s services and educational institutions. Properties typically range from charming older homes to modern residences, all priced reasonably compared to bigger cities on the mainland, making it a favorable area for first-time homeowners or those seeking a sea change. The picturesque views and peaceful environment continue to drive interest, attracting a diverse mix of residents who are keen to enjoy the natural beauty Tasmania is renowned for.

Living in Ocean Vista provides more than just stunning ocean views. It fosters a laid-back lifestyle with numerous opportunities for outdoor activities like beach walks, fishing, and exploring the scenic trails nearby. The close-knit community is a highlight for many residents, offering a supportive and friendly atmosphere. Despite its tranquil vibe, the suburb is only a short drive from Burnie’s town center, where you can find a variety of shops, cafes, and cultural attractions such as the Burnie Regional Art Gallery. Additionally, local schools and healthcare facilities are well-regarded, making it an ideal location for families. Overall, Ocean Vista combines the perfect balance of peaceful coastal living with convenient access to urban amenities, making it an idyllic place to call home.

Ocean Vista Real Estate Market Outlook

Thinking about buying in Ocean Vista? Now could not be a better time, with just 178 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $311,000 with prices in this suburb ranging from $32,000 to $987,000. Ocean Vista is located very near to the coast so expect stunning views of the ocean and access to beaches. Demand is likely to be very strong in this location which will support higher prices

Good balance between supply and demand ensures a range of affordable options within budget limits. Recent increases in listings may provide buying opportunities. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Ocean Vista due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Ocean Vista classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Ocean Vista requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.

Instant Property Valuation

---

---

---

---

---

Public Transport

---

General Points of Interest

---

Nearby Suburbs

Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!