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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.

Average median house prices in NSW have risen as a whole, pulling OATLEY, 2223 values up and netting property investors a capital gain of 3.23% for the past year.

Investors saw the median home price rise to $1,600,000.

Profits due to an downward trend in home prices in the suburb averaged -0.41% per annum over a 3-year period.

OATLEY now ranks at the 1049th 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 $650 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 70.7 days.

In 2016, 91 properties were sold in OATLEY during the past year, making it the 46th 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 $1,600,000 $845,000
GROWTH REPORT
Median Quarterly -2.23% 0.9%
Median 12 month 3.23% 15.75%
Median 3 years -1.23% 0%
Median 5 years 13.23% 24.26%
10 years average annual 6.3% 6.84%
Weekly media advert. rent $650 $455
Time on Market 70.7 days 0.0 days
Gross Rental Yield Percent 2.11% 2.8%
demographics (median values)
Total Population
9533
Weekly Household Income
1440
Household Size
2.70
demographics
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