At number 590th in the list of Australian suburbs ordered by increase in median house value over the last year, Oak Flats, 2529 is in the top 20% with a property value increase of 18.30% recorded in median house prices.
Oak Flats,2529 has offered an average of 18.30% return per annum in house price rises to property investors over the last three years.
Oak Flats2529 is located in NSW which offers an average discount of -5.25% to property investors. Oak Flats itself is showing figures that indicate -3.93% is the average achievable by property buyers investing in the suburb.
At number 676 in a list of fastest selling suburbs, Oak Flats is in the TOP 20% of suburbs in Australia with an average of days on market 47.42 for properties listed there.
Oak Flats is 468th on a list of best yielding suburbs for rents in NSW with a 3.77% return
Property investors who have had real estate in Oak Flats, 2529 should be relatively pleased with this NSW suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 10.22%
If we look at median property appreciation over just the last three months, Oak Flats has given property investors a paper return of 4.76%. This puts Suburb as 106 on a list of fastest fasting appreciating suburbs in NSW
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 -2.59% is being offered, which puts this NSW suburb at 1351th most discounted overall in Australia.
In the last year 30 properties changed hands in Oak Flats, which puts it as the 374th most active market in NSW when comparing the number of sales per suburb.
With the median price for a house in Oak Flats being $550000 and the advertised rent reaching $350 the gross rental yield for property investors calculates out to be 3.31%