Suburb Profile Report for Oakdowns TAS (7019)

Oakdowns House: Median price $412,500, Annual capital growth 4.42%, Number of sales 31, Weekly median advertised rent N/A

Oakdowns Unit: Median price $283,000, Annual capital growth 7.33%, Number of sales 22, Weekly median advertised rent $290

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

Source: CoreLogic

  • House Report
  • Unit Report

Oakdowns has had a A very good year for property investment returns compared to the rest of TAS, giving investors a capital gain of 16.28% to date .

When looking at the potential capital gains offered to property investors over the last 3 years, Oakdowns comes in at number 45th in TAS.

Vendor discounting in Oakdowns is giving property investors an average Vendor Discount of around -3.46%. This puts suburb at number 161th in TAS when ranking the most discounted suburbs.

Residents and property investors in Oakdowns have been waiting around 47.96 days to sell a property.

The TAS suburb of Oakdowns, 7019 is in the Clarence local government area.

TAS has seen average median house prices change by 4.47% which means that Oakdowns, 7019 has done well for property investors by showing a capital gain of -2.41% over the last year

A 10.98% growth in median value for property investors in Oakdowns,7019 puts this suburb at number 27th in terms of best performing suburbs in TAS

Property buyers and investors in Oakdowns 7019 should be seeing an average reduction in asking price of around -6.11% . This means that Oakdowns is holding prices well when compared to other suburbs in TAS.

Oakdowns, 7019’s gross rental yield is 5.33%

Metrics i HOUSE UNIT
$412,500 $283,000
3.13% 0.89%
16.28% -2.41%
4.42% 7.33%
N/A $290
31 22
N/A 5.33%
47.96 104.63

Source: CoreLogic

DSR Score for property investment : Very 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