The Oaks

POSTAL CODE: NSW, 2570

HOUSE

Property investors have seen a -3.61% drop in THE OAKS based on a decrease in median home prices for the past three months.

Homeowners and real estate investors betting on THE OAKS, 2570 can rest assured about this NSW suburb's performance. The suburb saw median home prices rise by 12.18%.

Based on its average 5-year and quarterly capital gains THE OAKS, 2570 saw average growth in the long term.

The NSW suburb also 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 $1,335,000

Profits averaged 5.33% per annum over a 3-year period, due to an upward trend in home prices in THE OAKS, 2570.

This means, real estate investors could earn a rental income of $590 based on current median home prices for the suburb.

The gross rental yield in THE OAKS, 2570 is 2.3%.

An average of 2.67 real estate transactions take place per month in THE OAKS which translates to 32 per annum.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,335,000	N/A
Growth Report
Median Quarterly	-3.61%	N/A
Median 12 month	12.18%	N/A
Median 3 years	16.09%	N/A
Median 5 years	79.19%	N/A
10 years average annual	10.01%	N/A
Weekly media advert. rent	$590	N/A
Time on Market	47.4 days	N/A
Gross Rental Yield Percent	2.3%	N/A

Demographics (Median Values)*

Total Population 40104

Weekly Household Income 2009

Household Size 3.00

Average Age 35

Monthly Loan Repayment 2253

* Australian Bureau of Statistics (May 2021) 2016 Census DataPacks[https://datapacks.censusdata.abs.gov.au/datapacks/],ABS Website, accessed 2016.

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