Suburb Profile Report for Oatley NSW (2223)

Oatley House: Median price $1,557,500, Annual capital growth 7.86%, Number of sales 120, Weekly median advertised rent $650

Oatley Unit: Median price $800,000, Annual capital growth 7.87%, Number of sales 69, Weekly median advertised rent $480

  • House
  • Unit
Source: CoreLogic RP Data
  • Median price
  • Number of sales

Source: CoreLogic

  • House Report
  • Unit Report
  • Expert Report

With a capital gain of 10.23% for the last 12 months, Oatley, 2223 has performed for property investments than its average annual 7.86% property growth over the last 5 years.

A 72.10% growth in median value for property investors in Oatley,2223 puts this suburb at number 217th in terms of best performing suburbs in NSW

Our latest figures would indicate that property sellers in Oatley are currently offering property investors an average price cut of -8.63% below the asking price at the moment.

In the last year 120 properties changed hands in Oatley, which puts it as the 193th most active market in NSW when comparing the number of sales per suburb.

Renters in Suburb are facing rents around $7800 per annum or $650 every week.

Investment property in Oatley has done not badly for investors when compared to the country as a whole over the last 12 months, with an increase in the median house price of 5.68%

Oatley,2223 has offered an average of 5.68% return per annum in house price rises to property investors over the last three years.

Sellers are offering property buyers an average discount of -3.94% to buyers in Oatley at the moment, which is less than average for the rest of NSW.

Often selling an investment property can take time, and in Oatley the average time real estate has been on the market is 50.45 days.

A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.12%, without taking into account capital value appreciation, which has been averaging out at 7.87%.

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Oatley lies 16km southwest of the Sydney CBD on the north bank of the Georges River. Even though it’s some distance from the CBD, access takes around half an hour via the Eastern Suburbs and Illawarra line.

Full summary

Oatley lies 16km southwest of the Sydney CBD on the north bank of the Georges River. Even though it’s some distance from the CBD, access takes around half an hour via the Eastern Suburbs and Illawarra line.

While the suburb is located away from major arterial roads, they are easily accessible by King Georges Road, which also leads south through Sutherland Shire and the Royal National Park. Oatley is well served for amenities, with a shopping precinct, a number of schools and easy access to the river.

Units here are more affordable than those of neighbouring riverside suburb Connells Point, and Oatley's unit market has been outperforming its house market for capital growth and rental yields in recent times.

Close
HOUSE UNIT
$1,557,500 $800,000
5.77% 0.00%
10.23% 5.68%
7.86% 7.87%
$650 $480
120 69
2.17% 3.12%
71.65 50.45

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 10098
Median household income ($/weekly) 1825
Median age of persons 41
Median housing loan repayment ($/monthly) 2500
Average household size 2.7
  • Census Count Percent(%)
    5-14 years 1299 12.9
    25-34 years 1018 10.1
    35-44 years 1301 12.9
    45-54 years 1567 15.5
    55-64 years 1302 12.9
    Others 3611 35.8
    Age Group
    Census Count Percent(%)
    Registered Married 4364 56.7
    Not Married 2907 37.7
    Defacto Relationship 432 5.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 7541 77.3
    Croatia 334 3.4
    Papua New Guinea 127 1.3
    United Kingdom 388 4.0
    Other 284 2.9
    Others 1082 11.1
    Country of Birth
    Census Count Percent(%)
    Buddhism 136 1.4
    Christianity 7477 78.2
    Hinduism 60 0.6
    Islam 63 0.7
    No Religion 1807 18.9
    Others 21 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 390 12.2
    $2,000-$2,499 279 8.7
    $2,500-$2,999 406 12.7
    $3,000-$3,499 284 8.9
    $4,000 or more 342 10.7
    Others 1508 47.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 3191 40.2
    Not in the labour force 2718 34.2
    Employed, worked part-time 1564 19.7
    Employed, away from work 262 3.3
    Unemployed, looking for work 206 2.6
    Person Characteristics
  • Census Count Percent(%)
    Managers 754 15.0
    Professionals 1671 33.3
    Technicians & trades workers 538 10.7
    Clerical & administrative workers 887 17.7
    Sales 422 8.4
    Others 746 14.9
    Occupation
    Census Count Percent(%)
    Pre-school 198 7.6
    Infants/Primary 862 33.2
    Secondary 727 28.0
    Technical or Further Educational Institution 159 6.1
    University or other Tertiary Institutions 593 22.9
    Others 55 2.1
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 7749 80.0
    Flat, unit or apartment 1223 12.6
    Semi-detached, row or terrace house, townhouse 638 6.6
    House or flat attached to a shop, office 76 0.8
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 1731 49.3
    Being purchased 1126 32.1
    Rented 644 18.3
    Other tenure type 12 0.3
    Tenure Type
Census 2011, ABS
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