With a capital gain of 13.83% for the last 12 months, Oak Flats, 2529 has performed for property investments than its average annual 5.79% property growth over the last 5 years.
Oak Flats,2529 has offered an average of 13.83% return per annum in house price rises to property investors over the last three years.
Vendor discounting in Oak Flats is giving property investors an average Vendor Discount of around -4.72%. This puts suburb at number 736th in NSW when ranking the most discounted suburbs.
A $450 per week rent on the median house gives suburb investors a gross yield of circa 4.37%, without taking into account capital value appreciation, which has been averaging out at 5.79%.
If you compare the increase in value of investment property in Oak Flats, 2529 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this NSW suburb was 25.00%.
Oak Flats,2529 was ranked 31 in Australia by increase in median property value over the quarter.
LACK OF BUYER INTEREST may well be the reason that Oak Flats is offering property investors an average of -4.48. This rate of discount on properties puts Suburb at number 145th in terms of most discounted suburbs in NSW