Suburb Profile Report for The Oaks NSW (2570)

The Oaks House: Median price $826,000, Annual capital growth 10.18%, Number of sales 33, Weekly median advertised rent $450

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

Source: CoreLogic

  • House Report

The Oaks is in the TOP 10% in NSW when comparing median price capital growth over the last year. The Oaks gave property investors a very good capital gain figure when compared to the rest of the state, with 23.28%.

Over the longer term, The Oaks has seen property prices show investors a 81.04% return over the last 3 years. This is worse than over the last 12 months

Sellers are offering property buyers an average discount of -4.90% to buyers in The Oaks at the moment, which is less than average for the rest of NSW.

Using the current median advertised rental of $450 and the average annual increase in value of a median property of 10.18%, investors should hope to achieve an overall return of 2.83%

Metrics i HOUSE UNIT
$826,000 N/A
1.57% N/A
23.28% N/A
10.18% N/A
$450 N/A
33 N/A
2.83% N/A
38.48 N/A

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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Demographics
Total population 2439
Median household income ($/weekly) 1559
Median age of persons 36
Median housing loan repayment ($/monthly) 1950
Average household size 3.1
  • Census Count Percent(%)
    5-14 years 407 16.7
    25-34 years 269 11.0
    35-44 years 379 15.5
    45-54 years 344 14.1
    55-64 years 319 13.1
    Others 721 29.6
    Age Group
    Census Count Percent(%)
    Registered Married 982 56.2
    Not Married 628 36.0
    Defacto Relationship 136 7.8
    Social Marital Status
  • Census Count Percent(%)
    Australia 2112 89.5
    Japan 13 0.6
    Papua New Guinea 14 0.6
    United Kingdom 111 4.7
    Other 21 0.9
    Others 89 3.8
    Country of Birth
    Census Count Percent(%)
    Christianity 1935 83.4
    No Religion 362 15.6
    Buddhism 14 0.6
    Islam 5 0.2
    Other Religious Groups 3 0.1
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 57 8.4
    $1,000-$1,249 64 9.4
    $1,500-$1,999 121 17.8
    $2,000-$2,499 62 9.1
    $2,500-$2,999 73 10.8
    Others 301 44.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 793 44.2
    Not in the labour force 507 28.3
    Employed, worked part-time 363 20.2
    Employed, away from work 80 4.5
    Unemployed, looking for work 51 2.8
    Person Characteristics
  • Census Count Percent(%)
    Managers 155 12.6
    Professionals 168 13.6
    Technicians & trades workers 231 18.8
    Community & personal service workers 133 10.8
    Clerical & administrative workers 184 14.9
    Others 361 29.3
    Occupation
    Census Count Percent(%)
    Pre-school 68 10.0
    Infants/Primary 287 42.4
    Secondary 189 27.9
    Technical or Further Educational Institution 46 6.8
    University or other Tertiary Institutions 74 10.9
    Others 13 1.9
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2262 96.6
    Semi-detached, row or terrace house, townhouse 32 1.4
    Flat, unit or apartment 20 0.9
    House or flat attached to a shop, office 20 0.9
    Caravan, cabin, houseboat 7 0.3
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 384 51.1
    Fully owned 251 33.4
    Rented 113 15.0
    Other tenure type 3 0.4
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals