NSW/
Oak flats

Suburb Profile

Oak Flats - FREE 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 7.01% growth over a ten-year period. It ranks 857th on our list of suburbs that property investors should look into.

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

OAK FLATS, 2529 has a capital gain of 17.88% for the past year, which is higher than average compared to its 67.03% growth within a five-year period.

With the median home price in OAK FLATS sitting at $613,000, and the average rent at $460, property owners could potentially earn a 3.9% 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.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $613,000 $520,000
GROWTH REPORT
Median Quarterly 4.79% 2.16%
Median 12 month 17.88% 18.45%
Median 3 years 60.26% 55.22%
Median 5 years 67.03% 67.74%
10 years average annual 7.01% 7.67%
Weekly media advert. rent $460 $360
Time on Market 45.0 days 55.1 days
Gross Rental Yield Percent 3.9% 3.6%
demographics (median values)
Total Population
6399
Weekly Household Income
926.1
Household Size
2.70
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