Over the last year, property investments in Oaklands Park, 5046 have given investors a capital gain of 4.44%. This compares averagely with the 3.04% for SA as a whole.
Oaklands Park,5046 has offered an average of 4.44% 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 -6.57% offered to property buyers. Sellers in Oaklands Park itself are offering an average vendor discount of -4.80% to real estate investors.
A $390 per week rent on the median house gives suburb investors a gross yield of circa 4.31%, without taking into account capital value appreciation, which has been averaging out at 5.56%.
Giving property investors a an unimpressive capital gain of -1.99% for the last year, Oaklands Park, 5046 is the 1269th highest performer in Australia in this respect.
Comparing Oaklands Park,5046 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
The most recent median price for Oaklands Park is $369500, with sellers offering an average of -6.69% off the asking price.
On average over the past year, suburb has had 5.42 sales per month, which equates to 65 per year.
Oaklands Park is 120th on a list of best yielding suburbs for rents in SA with a 4.43% return