Suburb Profile Report for Oaklands Park SA (5046)

Oaklands Park House: Median price $472,000, Annual capital growth 1.93%, Number of sales 54, Weekly median advertised rent $420

Oaklands Park Unit: Median price $322,500, Annual capital growth 2.02%, Number of sales 22, Weekly median advertised rent $305

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

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Oaklands Park is an average performer in SA when comparing median price capital growth over the last year. Oaklands Park gave property investors a average capital gain figure when compared to the rest of the state, with -0.58%.

Oaklands Park,5046 has offered an average of -0.58% return per annum in house price rises to property investors over the last three years.

Oaklands Park, 5046 is offering SA ‘s 160th most discounted properties when looking at the average discount being offered by vendors. This puts it in the middle of discounts offered by this SA.

A $420 per week rent on the median house gives suburb investors a gross yield of circa 4.63%, without taking into account capital value appreciation, which has been averaging out at 1.93%.

Property investors who have had real estate in Oaklands Park, 5046 should be relatively pleased with this SA suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices increase in value by 4.03%

Oaklands Park,5046 was ranked 429 in Australia by increase in median property value over the quarter.

Sellers are offering property buyers an average discount of -8.10% to buyers in Oaklands Park at the moment, which is less than average for the rest of SA.

The SA suburb of Oaklands Park, 5046 is in the Marion (C) local government area.

Metrics i HOUSE UNIT
$472,000 $322,500
-3.18% 2.38%
-0.58% 4.03%
1.93% 2.02%
$420 $305
54 22
4.63% 4.92%
71.6129032258065 52.3684210526316

Source: Monthly data update for Feb 2020 as supplied by CoreLogic. Data is reported to the period ending Nov 2019. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Above average (H), Good (U)
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Demographics
Total population 3289
Median household income ($/weekly) 787
Median age of persons 43
Median housing loan repayment ($/monthly) 1625
Average household size 1.9
  • Census Count Percent(%)
    25-34 years 502 15.3
    35-44 years 391 11.9
    45-54 years 371 11.3
    55-64 years 402 12.2
    75-84 years 315 9.6
    Others 1308 39.8
    Age Group
    Census Count Percent(%)
    Not Married 1349 53.6
    Registered Married 939 37.3
    Defacto Relationship 230 9.1
    Social Marital Status
  • Census Count Percent(%)
    Australia 2309 73.7
    Croatia 62 2.0
    New Zealand 62 2.0
    United Kingdom 228 7.3
    Other 175 5.6
    Others 297 9.5
    Country of Birth
    Census Count Percent(%)
    Buddhism 45 1.5
    Christianity 1799 61.9
    Hinduism 57 2.0
    Islam 70 2.4
    No Religion 917 31.5
    Others 19 0.7
    Religious Affiliation
  • Census Count Percent(%)
    $300-$399 205 14.8
    $400-$599 188 13.5
    $600-$799 168 12.1
    $800-$999 151 10.9
    $1,500-$1,999 137 9.9
    Others 540 38.9
    Gross Household Income (Weekly)
    Census Count Percent(%)
    Not in the labour force 1317 47.3
    Employed, worked full-time 811 29.1
    Employed, worked part-time 463 16.6
    Unemployed, looking for work 110 3.9
    Employed, away from work 84 3.0
    Person Characteristics
  • Census Count Percent(%)
    Professionals 270 19.9
    Technicians & trades workers 205 15.1
    Community & personal service workers 166 12.2
    Clerical & administrative workers 220 16.2
    Sales 154 11.3
    Others 344 25.3
    Occupation
    Census Count Percent(%)
    Infants/Primary 173 27.4
    Secondary 126 19.9
    Technical or Further Educational Institution 74 11.7
    University or other Tertiary Institutions 207 32.8
    Other type of educational institution 28 4.4
    Others 24 3.8
    Type of Educational Institution Attending
  • Census Count Percent(%)
    Separate house 1530 51.7
    Semi-detached, row or terrace house, townhouse 945 31.9
    Flat, unit or apartment 487 16.4
    Caravan, cabin, houseboat 0 0.0
    Improvised home, tent, sleepers out 0 0.0
    Others 0 0.0
    Dwelling Structure
    Census Count Percent(%)
    Rented 719 48.5
    Fully owned 403 27.2
    Being purchased 346 23.3
    Other tenure type 15 1.0
    Tenure Type
Census 2011, ABS
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