Suburb Profile Report for Oaklands Park SA (5046)

Oaklands Park House: Median price $505,000, Annual capital growth 1.91%, Number of sales 74, Weekly median advertised rent $415

Oaklands Park Unit: Median price $336,500, Annual capital growth 1.36%, Number of sales 34, Weekly median advertised rent $310

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

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

  • House Report
  • Unit Report

Giving property investors a an unimpressive capital gain of 5.21% for the last year, Oaklands Park, 5046 is the 3121th highest performer in Australia in this respect.

If we look at median property appreciation over just the last three months, Oaklands Park has given property investors a paper return of 1.00%. This puts Suburb as 307 on a list of fastest fasting appreciating suburbs in SA

Oaklands Park, 5046 is offering SA ‘s 159th most discounted properties when looking at the average discount being offered by vendors. This puts it in the bottom 30% of discounts offered by this SA.

Residents and property investors in Oaklands Park have been waiting around 61.4516 days to sell a property.

Advertised rents are around the $415 mark per week – giving a return of 4.27% based on the median price in Suburb

SA has seen average median house prices change by 6.14% which means that Oaklands Park, 5046 has done well for property investors by showing a capital gain of 4.67% over the last year

Across a shorter period, Oaklands Park, 5046 has seen a median price increase of 5.82% over the last quarter.

In the last year 34 properties changed hands in Oaklands Park, which puts it as the 35th most active market in SA when comparing the number of sales per suburb.

Using the current median advertised rental of $310 and the average annual increase in value of a median property of 1.36%, investors should hope to achieve an overall return of 4.79%

Metrics i HOUSE UNIT
$505,000 $336,500
1.00% 5.82%
5.21% 4.67%
1.91% 1.36%
$415 $310
74 34
4.27% 4.79%
61.4516129032258 58.9444444444445

Source: Monthly data update for Jul 2021 as supplied by CoreLogic. Data is reported to the period ending Apr 2021. Please note that property sales data is routinely updated, so may change retrospectively.

DSR Score for property investment : Good (U), Good (H)
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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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