Suburb Profile Report for Oaklands Park SA (5046)

Oaklands Park House: Median price $475,000, Annual capital growth 6.10%, Number of sales 44, Weekly median advertised rent $390

Oaklands Park Unit: Median price $370,000, Annual capital growth 4.79%, Number of sales 71, Weekly median advertised rent $305

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

Source: CoreLogic

  • House Report
  • Unit Report

If you compare the increase in value of investment property in Oaklands Park, 5046 to the rest of Australia, it performed around average. The median increase in value, or capital gain property investors experienced for this SA suburb was 6.15%.

Oaklands Park,5046 was ranked 2716 in Australia by increase in median property value over the quarter.

Oaklands Park5046 is located in SA which offers an average discount of -6.41% to property investors. Oaklands Park itself is showing figures that indicate -4.80% is the average achievable by property buyers investing in the suburb.

Often selling an investment property can take time, and in Oaklands Park the average time real estate has been on the market is 53.37 days.

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

Oaklands Park is in the bottom 40% in SA when comparing median price capital growth over the last year. Oaklands Park gave property investors a disappointing capital gain figure when compared to the rest of the state, with -0.40%.

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

Oaklands Park, 5046 is offering SA ‘s 35th most discounted properties when looking at the average discount being offered by vendors. This puts it in the TOP 30% of discounts offered by this SA.

Advertised rents are around the $305 mark per week – giving a return of 4.29% based on the median price in Suburb

Metrics i HOUSE UNIT
$475,000 $370,000
0.00% 3.64%
6.15% -0.40%
6.10% 4.79%
$390 $305
44 71
4.27% 4.29%
53.37 88.69

Source: CoreLogic

DSR Score for property investment : Above average (U), Above average (H)
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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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