Suburb Profile Report for Oaklands Park SA (5046)

Oaklands Park House: Median price $479,000, Annual capital growth 5.18%, Number of sales 41, Weekly median advertised rent $390

Oaklands Park Unit: Median price $375,000, Annual capital growth 4.84%, Number of sales 84, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

Oaklands Park is in the TOP 30% 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 7.04%.

Comparing Oaklands Park,5046 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Our latest figures would indicate that property sellers in Oaklands Park are currently offering property investors an average price cut of -3.64% below the asking price at the moment.

On average over the past year, suburb has had 3.42 sales per month, which equates to 41 per year.

With the median price for a house in Oaklands Park being $479000 and the advertised rent reaching $390 the gross rental yield for property investors calculates out to be 4.23%

Giving property investors a an unimpressive capital gain of 0.54% for the last year, Oaklands Park, 5046 is the 1112th highest performer in Australia in this respect.

Across a shorter period, Oaklands Park, 5046 has seen a median price increase of 1.35% over the last quarter.

Property buyers and investors in Oaklands Park 5046 should be seeing an average reduction in asking price of around -5.94% . This means that Oaklands Park is holding prices well when compared to other suburbs in SA.

Residents and property investors in Oaklands Park have been waiting around 81.83 days to sell a property.

Oaklands Park, 5046’s gross rental yield is 4.44%

Metrics i HOUSE UNIT
$479,000 $375,000
0.00% 1.35%
7.04% 0.54%
5.18% 4.84%
$390 $320
41 84
4.23% 4.44%
62.13 81.83

Source: CoreLogic

DSR Score for property investment : Good (H), Above average (U)
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Demographics
Total population 3289
Median household income ($/weekly) 787
Median age of persons 43
Median housing loan repayment ($/monthly) 1625
Average household size 1.9
  • Census Count Percent(%)
    25-34 years 502 15.3
    35-44 years 391 11.9
    45-54 years 371 11.3
    55-64 years 402 12.2
    75-84 years 315 9.6
    Others 1308 39.8
    Age Group
    Census Count Percent(%)
    Not Married 1349 53.6
    Registered Married 939 37.3
    Defacto Relationship 230 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2309 73.7
    Croatia 62 2.0
    New Zealand 62 2.0
    United Kingdom 228 7.3
    Other 175 5.6
    Others 297 9.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 45 1.5
    Christianity 1799 61.9
    Hinduism 57 2.0
    Islam 70 2.4
    No Religion 917 31.5
    Others 19 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 205 14.8
    $400-$599 188 13.5
    $600-$799 168 12.1
    $800-$999 151 10.9
    $1,500-$1,999 137 9.9
    Others 540 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1317 47.3
    Employed, worked full-time 811 29.1
    Employed, worked part-time 463 16.6
    Unemployed, looking for work 110 3.9
    Employed, away from work 84 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 270 19.9
    Technicians & trades workers 205 15.1
    Community & personal service workers 166 12.2
    Clerical & administrative workers 220 16.2
    Sales 154 11.3
    Others 344 25.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 173 27.4
    Secondary 126 19.9
    Technical or Further Educational Institution 74 11.7
    University or other Tertiary Institutions 207 32.8
    Other type of educational institution 28 4.4
    Others 24 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1530 51.7
    Semi-detached, row or terrace house, townhouse 945 31.9
    Flat, unit or apartment 487 16.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 719 48.5
    Fully owned 403 27.2
    Being purchased 346 23.3
    Other tenure type 15 1.0
    Tenure Type
Census 2011, ABS
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