Suburb Profile Report for Oak Flats NSW (2529)

Oak Flats House: Median price $552,500, Annual capital growth 6.17%, Number of sales 93, Weekly median advertised rent $460

Oak Flats Unit: Median price $425,000, Annual capital growth 7.44%, Number of sales 21, Weekly median advertised rent $370

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

Source: CoreLogic

  • House Report
  • Unit Report

Oak Flats is an average performer in NSW when comparing median price capital growth over the last year. Oak Flats gave property investors a good capital gain figure when compared to the rest of the state, with 9.41%.

Taking the average capital gain, or increase in median house value, Oak Flats,2529 has racked up an average of 9.41% over the period. This ranks it number 615th in the whole country for real estate investors looking at median house price increases.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Oak Flats, 2529. Typically our figures indicate that -3.46% is being offered, which puts this NSW suburb at 3462th most discounted overall in Australia.

Situated 82.06km from the CBD, Oak Flats is one of Shellharbour localities in the postcode 2529.

With a capital gain of 18.88% for the last 12 months, Oak Flats, 2529 has performed for property investments than its average annual 7.44% property growth over the last 5 years.

A 41.67% growth in median value for property investors in Oak Flats,2529 puts this suburb at number 531th in terms of best performing suburbs in NSW

At number 206th of NSW’s most discounted properties, Oak Flats is in the middle of the state/territory when listing in order of most discounted to least.

A $370 per week rent on the median house gives suburb investors a gross yield of circa 4.53%, without taking into account capital value appreciation, which has been averaging out at 7.44%.

HOUSE UNIT
$552,500 $425,000
2.46% -9.09%
9.41% 18.88%
6.17% 7.44%
$460 $370
93 21
4.33% 4.53%
54.86 77.43

Source: CoreLogic

DSR Score for property investment : Good (U), Very good (H)
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Demographics
Total population 6310
Median household income ($/weekly) 1091
Median age of persons 40
Median housing loan repayment ($/monthly) 1733
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 825 13.1
    25-34 years 671 10.6
    35-44 years 795 12.6
    45-54 years 977 15.5
    55-64 years 816 12.9
    Others 2225 35.3
    Age Group
    Census Count Percent(%)
    Registered Married 2495 51.4
    Not Married 1995 41.1
    Defacto Relationship 362 7.5
    Social Marital Status
  • Census Count Percent(%)
    Australia 4891 80.5
    Greece 126 2.1
    Papua New Guinea 73 1.2
    United Kingdom 471 7.8
    Other 182 3.0
    Others 334 5.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 79 1.3
    Christianity 4515 75.9
    Islam 49 0.8
    Other Religious Groups 27 0.5
    No Religion 1267 21.3
    Others 12 0.2
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 276 13.1
    $600-$799 222 10.5
    $800-$999 204 9.7
    $1,500-$1,999 292 13.8
    $2,000-$2,499 188 8.9
    Others 929 44.0
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1914 38.7
    Employed, worked full-time 1708 34.5
    Employed, worked part-time 932 18.8
    Employed, away from work 199 4.0
    Unemployed, looking for work 195 3.9
    Person Characteristics
  • Census Count Percent(%)
    Professionals 347 12.2
    Technicians & trades workers 529 18.7
    Community & personal service workers 351 12.4
    Clerical & administrative workers 400 14.1
    Labourers 336 11.8
    Others 873 30.8
    Occupation
    Census Count Percent(%)
    Pre-school 114 7.9
    Infants/Primary 512 35.4
    Secondary 479 33.1
    Technical or Further Educational Institution 165 11.4
    University or other Tertiary Institutions 140 9.7
    Others 36 2.5
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 5638 91.9
    Semi-detached, row or terrace house, townhouse 275 4.5
    Flat, unit or apartment 199 3.2
    House or flat attached to a shop, office 18 0.3
    Caravan, cabin, houseboat 3 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 985 43.4
    Being purchased 798 35.2
    Rented 484 21.3
    Other tenure type 3 0.1
    Tenure Type
Census 2011, ABS
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