If you compare the increase in value of investment property in Oakbank, 5243 to the rest of Australia, it performed very well. The median increase in value, or capital gain property investors experienced for this SA suburb was 18.18%.
Comparing Oakbank,5243 ‘s 5year and quarterly average capital gain offered to property investors, it performed better across the longer period
Property investors looking for a bargain in Oakbank should be aiming for at least -8.36% off the asking price, which is the average vendor discount being achieved at the moment.
In the last year 16 properties changed hands in Oakbank, which puts it as the 409th most active market in SA when comparing the number of sales per suburb.