Over the last year, property investments in Oatley, 2223 have given investors a capital gain of -4.42%. This compares badly with the 1.14% for NSW as a whole.
Taking the average capital gain, or increase in median house value, Oatley,2223 has racked up an average of -4.42% over the period. This ranks it number 3213th in the whole country for real estate investors looking at median house price increases.
At number 2328 in a list of fastest selling suburbs, Oatley is in the bottom 40% of suburbs in Australia with an average of days on market 86.5417 for properties listed there.
Using the current median advertised rental of $655 and the average annual increase in value of a median property of 6.34%, investors should hope to achieve an overall return of 2.17%
Oatley, 2223 ranked 330th in NSW when comparing growth in median property values or capital gain over the last 12 months. Oatley is one of 3163 in our list for NSW
Taking the average capital gain, or increase in median house value, Oatley,2223 has racked up an average of -3.42% over the period. This ranks it number 1200th in the whole country for real estate investors looking at median house price increases.
A $480 per week rent on the median house gives suburb investors a gross yield of circa 3.21%, without taking into account capital value appreciation, which has been averaging out at 5.78%.
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Oatley lies 16km southwest of the Sydney CBD on the north bank of the Georges River. Even though it’s some distance from the CBD, access takes around half an hour via the Eastern Suburbs and Illawarra line.
While the suburb is located away from major arterial roads, they are easily accessible by King Georges Road, which also leads south through Sutherland Shire and the Royal National Park. Oatley is well served for amenities, with a shopping precinct, a number of schools and easy access to the river.
Units here are more affordable than those of neighbouring riverside suburb Connells Point, and Oatley's unit market has been outperforming its house market for capital growth and rental yields in recent times.