Suburb Profile Report for Oakdowns TAS (7019)

Oakdowns House: Median price $385,000, Annual capital growth 3.69%, Number of sales 27, Weekly median advertised rent $358

Oakdowns Unit: Median price $277,500, Annual capital growth 1.21%, Number of sales 22, Weekly median advertised rent $300

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

Source: CoreLogic

  • House Report
  • Unit Report

Oakdowns, 7019 ranked 47th in TAS when comparing growth in median property values or capital gain over the last 12 months. Oakdowns is one of 606 in our list for TAS

If we look at median property appreciation over just the last three months, Oakdowns has given property investors a paper return of 0.65%. This puts Suburb as 95 on a list of fastest fasting appreciating suburbs in TAS

State is the 4th most discounted Australian state or territory in this month’s figures with an average Vendor Discount of -7.18% offered to property buyers. Sellers in Oakdowns itself are offering an average vendor discount of -4.32% to real estate investors.

Renters in Suburb are facing rents around $4290 per annum or $357.5 every week.

Giving property investors a an average capital gain of 1.65% for the last year, Oakdowns, 7019 is the 939th highest performer in Australia in this respect.

Taking the average capital gain, or increase in median house value, Oakdowns,7019 has racked up an average of 1.65% over the period. This ranks it number 1521th in the whole country for real estate investors looking at median house price increases.

Sellers are offering property buyers an average discount of -8.18% to buyers in Oakdowns at the moment, which is less than average for the rest of TAS.

Advertised rents are around the $300 mark per week – giving a return of 5.62% based on the median price in Suburb

HOUSE UNIT
$385,000 $277,500
0.65% -1.07%
9.61% 1.65%
3.69% 1.21%
$358 $300
27 22
4.83% 5.62%
63.29 106.19

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
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Recent sales & rentals