Suburb Profile Report for Oakbank SA (5243)

Oakbank House: Median price $500,000, Annual capital growth 5.39%, Number of sales 14, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

Property value increases in Oakbank have tracked higher than the SA average of 3.22% over the last 12 months.

While Oakbank,5243 ranked number 194th in SA for increase in median house value (annualised) increase, it is ranked 351th over the last 5 years.

Our latest figures would indicate that property sellers in Oakbank are currently offering property investors an average price cut of -7.37% below the asking price at the moment.

Metrics i HOUSE UNIT
$500,000 N/A
1.01% N/A
13.64% N/A
5.39% N/A
N/A N/A
14 N/A
N/A N/A
114.41 N/A

Source: CoreLogic

DSR Score for property investment : Balanced (H), Good (U)
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Demographics
Total population 922
Median household income ($/weekly) 1447
Median age of persons 43
Median housing loan repayment ($/monthly) 2167
Average household size 2.6
  • Census Count Percent(%)
    5-14 years 109 11.8
    25-34 years 86 9.3
    35-44 years 113 12.2
    45-54 years 171 18.5
    55-64 years 157 17.0
    Others 287 31.1
    Age Group
    Census Count Percent(%)
    Registered Married 415 57.2
    Not Married 241 33.2
    Defacto Relationship 70 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 792 88.9
    Greece 7 0.8
    Papua New Guinea 7 0.8
    United Kingdom 57 6.4
    Other 10 1.1
    Others 18 2.0
    Country of Birth
    Census Count Percent(%)
    Christianity 502 60.2
    No Religion 316 37.9
    Buddhism 6 0.7
    Judaism 6 0.7
    Other Religious Groups 4 0.5
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $800-$999 34 10.9
    $1,000-$1,249 26 8.3
    $1,500-$1,999 32 10.2
    $2,000-$2,499 41 13.1
    $3,000-$3,499 30 9.6
    Others 150 47.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 302 40.0
    Not in the labour force 206 27.3
    Employed, worked part-time 204 27.0
    Employed, away from work 27 3.6
    Unemployed, looking for work 16 2.1
    Person Characteristics
  • Census Count Percent(%)
    Managers 97 18.3
    Professionals 109 20.5
    Technicians & trades workers 64 12.1
    Clerical & administrative workers 81 15.3
    Sales 62 11.7
    Others 118 22.2
    Occupation
    Census Count Percent(%)
    Pre-school 10 4.5
    Infants/Primary 77 34.8
    Secondary 71 32.1
    Technical or Further Educational Institution 18 8.1
    University or other Tertiary Institutions 42 19.0
    Others 3 1.4
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 867 98.3
    Semi-detached, row or terrace house, townhouse 12 1.4
    Caravan, cabin, houseboat 3 0.3
    Flat, unit or apartment 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Fully owned 145 42.2
    Being purchased 135 39.2
    Rented 64 18.6
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
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