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Oak Flats
AREA REPORTS

Oak Flats

Oak Flats - SUBURB PROFILE REPORT
POSTAL CODE: NSW, 2529

house
unit

Based on its average 5-year and quarterly capital gains OAK FLATS, 2529 saw average growth in the long term.

A survey of average capital gains or median home price increase in suburbs across the country shows that OAK FLATS, 2529 obtained a 6.88% growth over a ten-year period. It ranks 752nd on our list of suburbs that property investors should look into.

OAK FLATS, 2529 in NSW belongs to the local government area of Shellharbour (C).

OAK FLATS, 2529 has a capital gain of 15.79% for the past year, which is higher than average compared to its 28.65% growth within a five-year period.

With the median home price in OAK FLATS sitting at $660,000, and the average rent at $470, property owners could potentially earn a 3.7% increase in gross rental yield.

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

Data report can be found below

Oak Flats
KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $660,000 $559,250
GROWTH REPORT
Median Quarterly 3.94% -0.4%
Median 12 month 15.79% 0.86%
Median 3 years 3.04% -0.13%
Median 5 years 28.65% 53.22%
10 years average annual 6.88% 7.61%
Weekly media advert. rent $470 $400
Time on Market 57.2 days 76.4 days
Gross Rental Yield Percent 3.7% 3.72%
demographics (median values)*
Total Population
26025
Weekly Household Income
1582
Household Size
2.80
Age
39
Monthly Loan Repayment
2000
* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.
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