Property value increases in Oak Flats have tracked just higher than the NSW average of 9.74% over the last 12 months.
When looking at the potential capital gains offered to property investors over the last 3 years, Oak Flats comes in at number 205th in NSW.
The most recent median price for Oak Flats is $609750, with sellers offering an average of -3.70% off the asking price.
On average over the past year, suburb has had 9.08 sales per month, which equates to 109 per year.
A $460 per week rent on the median house gives suburb investors a gross yield of circa 3.92%, without taking into account capital value appreciation, which has been averaging out at 7.11%.
Over the last year, property investments in Oak Flats, 2529 have given investors a capital gain of 37.67%. This compares very favourably with the 6.96% for NSW as a whole.
A 67.42% growth in median value for property investors in Oak Flats,2529 puts this suburb at number 42th in terms of best performing suburbs in NSW
Sellers are offering property buyers an average discount of -2.59% to buyers in Oak Flats at the moment, which is less than average for the rest of NSW.
Using the current median advertised rental of $385 and the average annual increase in value of a median property of 7.94%, investors should hope to achieve an overall return of 3.86%