Oaklands Park is an average performer in SA when comparing median price capital growth over the last year. Oaklands Park gave property investors a good capital gain figure when compared to the rest of the state, with 5.56%.
Oaklands Park,5046 has offered an average of 5.56% return per annum in house price rises to property investors over the last three years.
State is the 5th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -6.56% offered to property buyers. Sellers in Oaklands Park itself are offering an average vendor discount of -4.80% to real estate investors.
Using the current median advertised rental of $390 and the average annual increase in value of a median property of 5.71%, investors should hope to achieve an overall return of 4.27%
Over the last year, property investments in Oaklands Park, 5046 have given investors a capital gain of -4.29%. This compares badly with the 3.64% for SA as a whole.
Taking the average capital gain, or increase in median house value, Oaklands Park,5046 has racked up an average of -4.29% over the period. This ranks it number 935th in the whole country for real estate investors looking at median house price increases.
The most recent median price for Oaklands Park is $357000, with sellers offering an average of -6.73% off the asking price.