Suburb Profile Report for Oakford WA (6121)

Oakford House: Median price $800,000, Annual capital growth 0.56%, Number of sales 20, Weekly median advertised rent N/A

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

Source: CoreLogic

  • House Report

At number 3947th in the list of Australian suburbs ordered by increase in median house value over the last year, Oakford, 6121 is in the BOTTOM 10% with a property value increase of -11.36% recorded in median house prices.

If we look at median property appreciation over just the last three months, Oakford has given property investors a paper return of -3.90%. This puts Suburb as 343 on a list of fastest fasting appreciating suburbs in WA

Property investors looking for a bargain in Oakford should be aiming for at least -8.34% off the asking price, which is the average vendor discount being achieved at the moment.

Often selling an investment property can take time, and in Oakford the average time real estate has been on the market is 131.63 days.

Situated 28.57km from the CBD, Oakford is one of Serpentine-Jarrahdale localities in the postcode 6121.

Metrics i HOUSE UNIT
$800,000 N/A
-3.90% N/A
-11.36% N/A
0.56% N/A
N/A N/A
20 N/A
N/A N/A
131.63 N/A

Source: CoreLogic

DSR Score for property investment : Good (U), Above average (H)
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Demographics
Total population 2408
Median household income ($/weekly) 1926
Median age of persons 39
Median housing loan repayment ($/monthly) 2309
Average household size 3.2
  • Census Count Percent(%)
    5-14 years 405 16.8
    15-19 years 212 8.8
    35-44 years 407 16.9
    45-54 years 454 18.9
    55-64 years 305 12.7
    Others 625 26.0
    Age Group
    Census Count Percent(%)
    Registered Married 1010 59.0
    Not Married 537 31.4
    Defacto Relationship 164 9.6
    Social Marital Status
  • Census Count Percent(%)
    Australia 1741 75.4
    Papua New Guinea 61 2.6
    South Africa 22 1.0
    United Kingdom 313 13.6
    Other 50 2.2
    Others 121 5.2
    Country of Birth
    Census Count Percent(%)
    Christianity 1574 71.1
    No Religion 602 27.2
    Buddhism 25 1.1
    Islam 12 0.5
    Hinduism 0 0.0
    Others 0 0.0
    Religious Affiliation
  • Census Count Percent(%)
    $1,500-$1,999 91 15.3
    $2,000-$2,499 77 12.9
    $2,500-$2,999 81 13.6
    $3,000-$3,499 51 8.6
    $4,000 or more 45 7.6
    Others 251 42.1
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Employed, worked full-time 797 44.7
    Not in the labour force 454 25.4
    Employed, worked part-time 416 23.3
    Employed, away from work 72 4.0
    Unemployed, looking for work 45 2.5
    Person Characteristics
  • Census Count Percent(%)
    Managers 189 14.7
    Professionals 141 11.0
    Technicians & trades workers 279 21.7
    Community & personal service workers 121 9.4
    Clerical & administrative workers 216 16.8
    Others 338 26.3
    Occupation
    Census Count Percent(%)
    Pre-school 40 6.4
    Infants/Primary 257 41.4
    Secondary 193 31.1
    Technical or Further Educational Institution 52 8.4
    University or other Tertiary Institutions 71 11.4
    Others 8 1.3
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 2256 99.1
    Improvised home, tent, sleepers out 11 0.5
    Flat, unit or apartment 9 0.4
    Semi-detached, row or terrace house, townhouse 0 0.0
    Caravan, cabin, houseboat 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Being purchased 447 61.8
    Fully owned 220 30.4
    Rented 52 7.2
    Other tenure type 4 0.6
    Tenure Type
Census 2011, ABS
Chart Table
Recent sales & rentals