Powered by MOMENTUM MEDIA
AREA REPORTS

Oatley

Suburb Profile

Oatley - FREE SUBURB PROFILE REPORT
POSTAL CODE: NSW,2223

house
unit

OATLEY, 2223 delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value.

Investors saw the median home price rise to $1,550,000.

Profits due to an downward trend in home prices in the suburb averaged -1.04% per annum over a 3-year period.

OATLEY now ranks at the 482nd place on a list of fastest growing suburbs in the territory.

Figures from the previous quarter show that capital gains for real estate buyers in OATLEY are low, as opposed to average gains per annum over the past five years.

Because of this real estate investors could earn a rental income of $690 based on current median home prices.

Regardless, it is expected for properties to spend some time on the market prior to a successful sale. In OATLEY, homes and units usually stay on listing for an average of 85.0 days.

In 2016, 92 properties were sold in OATLEY during the past year, making it the 41st most active market in NSW based on total real estate transactions.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,550,000 $760,500
GROWTH REPORT
Median Quarterly 1.97% 4.18%
Median 12 month -8.82% -8.37%
Median 3 years -3.13% -6.97%
Median 5 years 26.79% 20.71%
10 years average annual 6.33% 5.65%
Weekly media advert. rent $690 $480
Time on Market 85.0 days 60.5 days
Gross Rental Yield Percent 2.31% 3.28%
demographics (median values)
Total Population
9533
Weekly Household Income
1440
Household Size
2.70
demographics
select a category
Age group
Top 10 Birth Countries
Dwelling Structures
Education
Household Income
Labour Force
Marital Status
Occupation
Religious Affiliation
Tenure Type

Subscribe to get the latest news and updates

commercial warehouse

‘It’s a terrific time to be investing in commercial property’: Ray White

Ray White Commercial’s head of agency operations, Andrew Freeman, has shared how the commercial market is playing out for keen investors. ...

Michael Sukkar

Moratorium does not mean rent-free

Landlords have received welcome news, with the Minister for Housing confirming there is no rental freeze during the moratorium. ...

Philip Lowe

Negative interest rates out of the question: RBA

The Reserve Bank has “no appetite” for negative interest rates, with the current cash rate locked in for an “extended period”, the c...

Home-lending backdrop to slow slide in property prices

Home-lending backdrop to slow slide in property prices

Low interest rates and mortgage repayment relief measures could “insulate” residential property prices from a looming “plunge” in ho...

Construction spikes before virus shock

Construction spikes before virus shock

The number of dwellings approved for construction in February jumped by almost 20 per cent when compared with January, highlighting the stre...

Andrew Wallace MP

Homelessness inquiry suspended

The House of Representatives standing committee on social policy and legal affairs has agreed to suspend its inquiry into homelessness in Au...

Website Notifications

Get notifications in real-time for staying up to date with content that matters to you.