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Oxley

Suburb Profile

Oxley - FREE SUBURB PROFILE REPORT
POSTAL CODE: ACT,2903

house

A -1.93% increase in median property prices in OXLEY, 2903 has allowed this suburb to join the ranks of best performing suburbs in ACT, settling at number 80th.

A steady increase in median property prices over a five-year period in the suburb translates to a -1.55% capital gain.

It also delivered a weaker performance in contrast to other Australian suburbs in terms of appreciation of property value.Investors saw the median home price rise to $635,000

The augmented property values in the suburb are trailing behind the territorial average of 5.2% in 2016.

Home owners selling their properties and realtors in OXLEY usually have to wait an average of 0.0 days days before their assets are lifted off the market.

The ACT suburb ranks 93rd on the list of best yielding suburbs for rental properties in ACT, posting a 0% return.

It also places places 49th in Australia based on median property value growth during the quarter.

Surburb overview

Oxley is a suburb in the Tuggeranong district of Canberra, bounded by Drakeford Drive, Taverner Street, and Erindale Drive. It lies next to the suburbs of Wanniassa, Monash, and Kambah, and across the Lake Tuggeranong. The suburb’s namesake was John Joseph Oxley, a British explorer who discovered the Brisbane River and was the Surveyor-General of NSW.

Things to do in Oxley

Oxley is near the Lake Tuggeranong area and its enthralling foreshore. At its heart rises Oxley Hill, a minute hill that’s perfect for hiking and sunset viewing. For entertainment and leisure, Wanniassa’s lively lifestyle precincts are just a short drive away. Oxley has its own school, the Oxley Early Learning Centre, and is also close to nearby Wanniassa schools, such as the Trinity Christian School.

Housing stock

The housing stock in Oxley is low, with visits per property slightly surpassing the average for entire Canberra. This makes Oxley a high-demand market and among the top suburbs in Tuggeranong that showed a modest property value increase by postcode. Growth indicators are on an upward trend, with the median home price reaching $645,000.

The average income from rental properties is meanwhile up by 4.11 per cent. The average house price reflects a nearly 10 per cent increase for the last five years, while data for the past three years show that the price has climbed by over 10 per cent.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $635,000 N/A
GROWTH REPORT
Median Quarterly 3.25% N/A
Median 12 month -1.93% N/A
Median 3 years -1.55% N/A
Median 5 years 19.81% N/A
10 years average annual 5.83% N/A
Weekly media advert. rent N/A N/A
Time on Market 0.0 days N/A
Gross Rental Yield Percent N/A N/A
demographics (median values)
Total Population
1791
Weekly Household Income
1710
Household Size
2.90
demographics
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Age group
Top 10 Birth Countries
Dwelling Structures
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Household Income
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Tenure Type

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