Suburb Profile Report for Oakdowns TAS (7019)

Oakdowns House: Median price $392,500, Annual capital growth 3.84%, Number of sales 28, Weekly median advertised rent N/A

Oakdowns Unit: Median price $278,000, Annual capital growth 4.61%, Number of sales 20, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

TAS has seen average median house prices change by 4.21% which means that Oakdowns, 7019 has done well for property investors by showing a capital gain of 11.74% over the last year

Comparing Oakdowns,7019 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period

Oakdowns, 7019 is offering TAS ‘s 148th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 10% of discounts offered by this TAS.

If you compare the increase in value of investment property in Oakdowns, 7019 to the rest of Australia, it performed somewhat poorly. The median increase in value, or capital gain property investors experienced for this TAS suburb was -0.71%.

The five-year average increase in median property values for Oakdowns,7019 has given property investors a potential capital gain of 7.54% across each of those five years.

When looking to buy, or assessing what properties are really achieving at sale, it's essential for property investors to take into account what discounts are being offered in Oakdowns, 7019. Typically our figures indicate that -7.66% is being offered, which puts this TAS suburb at 197th most discounted overall in Australia.

Using the current median advertised rental of $290 and the average annual increase in value of a median property of 4.61%, investors should hope to achieve an overall return of 5.42%

Metrics i HOUSE UNIT
$392,500 $278,000
2.95% -0.71%
11.74% -0.71%
3.84% 4.61%
N/A $290
28 20
N/A 5.42%
57.16 114.6

Source: CoreLogic

DSR Score for property investment : Good (H), Good (U)
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Demographics
Total population 988
Median household income ($/weekly) 1257
Median age of persons 31
Median housing loan repayment ($/monthly) 1690
Average household size 2.4
  • Census Count Percent(%)
    0-4 years 110 11.1
    5-14 years 121 12.3
    20-24 years 90 9.1
    25-34 years 195 19.8
    35-44 years 144 14.6
    Others 327 33.1
    Age Group
    Census Count Percent(%)
    Registered Married 320 47.1
    Not Married 231 34.0
    Defacto Relationship 129 19.0
    Social Marital Status
  • Census Count Percent(%)
    Australia 851 92.3
    Italy 4 0.4
    South Africa 7 0.8
    United Kingdom 37 4.0
    Other 11 1.2
    Others 12 1.3
    Country of Birth
    Census Count Percent(%)
    Christianity 627 72.1
    No Religion 243 27.9
    Buddhism 0 0.0
    Hinduism 0 0.0
    Islam 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $400-$599 44 12.5
    $1,000-$1,249 44 12.5
    $1,250-$1,499 36 10.2
    $1,500-$1,999 63 17.9
    $2,000-$2,499 44 12.5
    Others 121 34.4
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 312 44.0
    Not in the labour force 187 26.4
    Employed, worked part-time 166 23.4
    Employed, away from work 30 4.2
    Unemployed, looking for work 14 2.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 66 13.0
    Technicians & trades workers 95 18.8
    Community & personal service workers 70 13.8
    Clerical & administrative workers 104 20.6
    Sales 61 12.1
    Others 110 21.7
    Occupation
    Census Count Percent(%)
    Pre-school 10 5.3
    Infants/Primary 91 48.7
    Secondary 43 23.0
    Technical or Further Educational Institution 13 7.0
    University or other Tertiary Institutions 25 13.4
    Others 5 2.7
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 666 73.4
    Semi-detached, row or terrace house, townhouse 241 26.6
    Flat, unit or apartment 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 212 57.9
    Fully owned 90 24.6
    Rented 64 17.5
    Other tenure type 0 0.0
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals