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Suburb Insights · TAS 7320

Ocean Vista, TAS 7320 Property Profile

ABS 2021 Census · Updated 21 May 2026

Suburb Overview

Ocean Vista is a regional centre in Tasmania, Australia, with a population of approximately 322, making it a boutique locality. Located approximately 238 km from the Hobart CBD, Ocean Vista is a regional area in Tasmania. The median household income is $64,376 per year.

Investment Score

29 / 100 Weak

Lower income levels in Ocean Vista typically translate to more affordable entry points for investors. As a regional location, growth prospects depend on local economic conditions and infrastructure investment.

Location

Hobart
Ocean Vista
Tasmania · 7320
238 km from Hobart CBD
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Key Indicators

Postcode
7320

Official Australia Post postcode for Ocean Vista. A postcode may cover multiple suburbs.

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Population
322

Usual resident population at the most recent census.

Median weekly rent
$240/wk

Weekly median rent for occupied homes. Live rental data integration coming soon.

Median household income
$64,376/yr

Annual median household income (before tax) across all households.

Distance to CBD
238 km

Straight-line distance from the suburb centroid to the nearest capital city CBD. Actual driving distance will be longer.

Lifestyle & Amenities

Schools nearby
1

Estimated 1 school within or near this suburb.

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Parks & green spaces
1

Estimated 1 park and green spaces near this suburb.

Median monthly mortgage
$1,506/mo

Monthly median mortgage repayment for households currently paying off a mortgage.

Home type
76% houses

Proportion of separate houses versus units, townhouses, and other home types. Useful for investors assessing rental demand mix.

Investment Insight

Ocean Vista is a smaller community of 322 — about 8% of the Tasmania suburb median (3,902) — so investors should factor in the narrower buyer pool and longer average time-on-market. Household income of $64,376/year is 13% below the Tasmania median of $73,944, typically translating into lower entry prices and a tenant base more sensitive to rent increases. Median rent of $240/week (~$1,040/month) covers only 69% of the median mortgage of $1,506/month — the remaining $466/month must be funded from other income, so this suburb tilts toward capital growth rather than yield. Ocean Vista is 238 km from Hobart, so the local market tracks regional employment and lifestyle drivers more than CBD-driven commuter demand.

Ocean Vista vs Tasmania Median

How Ocean Vista stacks up against the median of all Tasmania suburbs in our dataset. Positive values mean Ocean Vista sits above the state median; negative means below.

MetricOcean VistaTAS medianΔ vs state
Population3223,902-92%
Median household income$64,376/yr$73,944/yr-13%
Median rent (weekly)$240$320-25%
Median mortgage (monthly)$1,506$1,378+9%
Distance to CBD238 km24 km+892%
Separate houses76%80%-4pp

Investor Checklist

Pre-inspection briefing for Ocean Vista — every item is derived from public datasets, with full citations in our data sources page.

Investment Strategy

Buy & Hold

Limited buy-and-hold upside: a small population of 322 means liquidity is thin and capital growth tends to lag the wider Tasmania market over full cycles.

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Rental Yield

Moderate rental coverage: rent of $240/week covers 69% of a $1,506/month mortgage, leaving a $466/month gap that an investor bridges with equity, depreciation and tax benefits.

⚠️
Renovation / Flip

With 76% houses in a 322-person market, renovation margins depend on individual street and aspect rather than any suburb-wide story — do comparable-sales analysis before committing capital.

Risk Factors

Run the numbers on a Ocean Vista property

Full Property Analysis

30-year projections for Ocean Vista

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2026 Outlook

Growth: Low Rental Demand: Low Investor Sentiment: Low

Capital-growth expectations for Ocean Vista are modest for 2026 — incomes 13% below the TAS median of $73,944 and a population of 322 suggest gains will lag headline metro markets. Rental coverage runs at ~69% of the typical mortgage ($1,040/month rent vs $1,506/month repayment), leaving a manageable top-up for most investors. The EquitySight investment score of 29/100 places Ocean Vista in the lower tier of Australian suburbs we profile, and overall investor sentiment is cautious heading into the second half of 2026.

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Frequently Asked Questions

Is Ocean Vista a good suburb for investment?

Ocean Vista scores 29/100 on our EquitySight investment framework — a weak rating. That score is driven by a population of 322, median household income of $64,376/year and median weekly rent of $240. Whether it fits your portfolio depends on whether you are targeting cash flow, capital growth, or a value-add renovation — all three are scored with suburb-specific numbers elsewhere on this page.

What drives property demand in Ocean Vista?

The main demand drivers in Ocean Vista are a median household income of $64,376/year, a dwelling mix that is 76% separate houses, roughly 1 schools and 1 parks within the catchment. Together these shape both owner-occupier and tenant demand and are the factors we weight most heavily in the suburb's investment score.

What is the population of Ocean Vista?

Ocean Vista has a usual resident population of approximately 322, compared with a Tasmania suburb median of 3,902 — placing it in the lower half of the state's suburbs by size. Population is the clearest proxy for market depth: more residents mean more transactions and typically a shorter average days-on-market on resale.

How far is Ocean Vista from the Hobart CBD?

Ocean Vista sits 238 km straight-line from the Hobart CBD. This is a regional market where CBD distance is only indicative — local industry diversity and commute alternatives matter more.

What is the median rent in Ocean Vista?

The most recent census recorded a median weekly rent of $240 in Ocean Vista, equating to approximately $12,480/year in gross rental income (state median $320/week). Market rents have typically drifted above the recorded figure — verify against current listings on realestate.com.au and Domain before making an offer.

What is the typical mortgage repayment in Ocean Vista?

The median monthly mortgage repayment in Ocean Vista is $1,506, or approximately $18,072/year (vs $1,378/month state median). Stress-test your own borrowing at rates 1–2 percentage points above today's to make sure you can still service the loan through an RBA tightening cycle.

Is Ocean Vista cash-flow positive for investors?

A median weekly rent of $240 works out to $1,040/month, covering 69% of the median mortgage repayment of $1,506/month. That leaves a $466/month shortfall (around $5,592/year before tax benefits), so a typical owner-occupier-priced property here is negatively geared. Actual cash flow depends on your deposit, loan terms, ownership costs and marginal tax rate — run the full numbers in our rental yield calculator.

What are the main risks of investing in Ocean Vista?

The main risks are a thin buyer pool (322 residents), interest-rate sensitivity on the $1,506 median mortgage, the broader Tasmania market cycle. Each of these is covered in the Risk Factors section above with suburb-specific numbers rather than generic warnings.

How we built this Ocean Vista profile

Every number on this page comes from the ABS 2021 Census of Population and Housing, Australia Post postcode reference data, and OpenStreetMap amenity tiles. The investment score, strategy verdicts, and comparison table are computed deterministically from those inputs — no opinion, no estimation. See our full methodology and the data sources and licences for the formulas we use.

Nearby Suburbs

Tasmania Property Resources