Suburb Profile Report for Oaklands Park SA (5046)

Oaklands Park House: Median price $475,000, Annual capital growth 4.93%, Number of sales 45, Weekly median advertised rent $390

Oaklands Park Unit: Median price $375,000, Annual capital growth 4.16%, Number of sales 88, Weekly median advertised rent $320

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

Source: CoreLogic

  • House Report
  • Unit Report

With a capital gain of 4.63% for the last 12 months, Oaklands Park, 5046 has performed for property investments than its average annual 4.93% property growth over the last 5 years.

Over the longer term, Oaklands Park has seen property prices show investors a 8.57% return over the last 3 years. This is worse than over the last 12 months

Oaklands Park5046 is located in SA which offers an average discount of -6.20% to property investors. Oaklands Park itself is showing figures that indicate -3.81% is the average achievable by property buyers investing in the suburb.

Advertised rents are around the $390 mark per week – giving a return of 4.27% based on the median price in Suburb

Over the last year, property investments in Oaklands Park, 5046 have given investors a capital gain of 9.97%. This compares favourably with the 3.02% for SA as a whole.

If we look at median property appreciation over just the last three months, Oaklands Park has given property investors a paper return of -2.60%. This puts Suburb as 128 on a list of fastest fasting appreciating suburbs in SA

Our latest figures would indicate that property sellers in Oaklands Park are currently offering property investors an average price cut of -5.93% below the asking price at the moment.

Situated 7.72km from the CBD, Oaklands Park is one of Marion localities in the postcode 5046.

Metrics i HOUSE UNIT
$475,000 $375,000
-0.84% -2.60%
4.63% 9.97%
4.93% 4.16%
$390 $320
45 88
4.27% 4.44%
75.95 76.42

Source: CoreLogic

DSR Score for property investment : Good (H), Good (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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