Suburb Profile Report for Oaklands Park SA (5046)

Oaklands Park House: Median price $470,000, Annual capital growth 5.83%, Number of sales 44, Weekly median advertised rent $390

Oaklands Park Unit: Median price $371,000, Annual capital growth 4.74%, Number of sales 75, Weekly median advertised rent $310

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

Source: CoreLogic

  • House Report
  • Unit Report

Over the last year, property investments in Oaklands Park, 5046 have given investors a capital gain of 4.44%. This compares averagely with the 3.22% for SA as a whole.

A 16.05% growth in median value for property investors in Oaklands Park,5046 puts this suburb at number 324th in terms of best performing suburbs in SA

Sellers are offering property buyers an average discount of -3.90% to buyers in Oaklands Park at the moment, which is less than average for the rest of SA.

Often selling an investment property can take time, and in Oaklands Park the average time real estate has been on the market is 54.28 days.

The SA suburb of Oaklands Park, 5046 is in the Marion local government area.

SA has seen average median house prices change by 3.99% which means that Oaklands Park, 5046 has done well for property investors by showing a capital gain of 0.27% over the last year

When looking at the potential capital gains offered to property investors over the last 3 years, Oaklands Park comes in at number 50th in SA.

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 Oaklands Park, 5046. Typically our figures indicate that -7.63% is being offered, which puts this SA suburb at 207th most discounted overall in Australia.

Property investors should expect to get $310 weekly from the median priced house in this suburb.

Metrics i HOUSE UNIT
$470,000 $371,000
-1.05% 0.41%
4.44% 0.27%
5.83% 4.74%
$390 $310
44 75
4.31% 4.35%
54.28 93.58

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
Find a mortgage broker in Oaklands Park SA
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
Chart Table
Recent sales & rentals