The 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 $2,240,000.
The upward trend in home prices in OAKVILLE, 2765 averaged 30.35% per annum over a 3-year period.
Average weekly rents on listings have reached the $650 mark, reflecting a 1.51% increase in returns based on the current median price in OAKVILLE.
An average of 1.42 real estate transactions take place per month in OAKVILLE which translates to 17 per annum.
17 properties were sold in OAKVILLE in 2016, making it the 1021st most active market in NSW based on total real estate transactions.
|KEY PROPERTY DATA REPORT||HOUSE||UNIT|
|Median 12 month||1.82%||N/A|
|Median 3 years||91.04%||N/A|
|Median 5 years||137.04%||N/A|
|10 years average annual||11.33%||N/A|
|Weekly media advert. rent||$650||N/A|
|Time on Market||75.3 days||N/A|
|Gross Rental Yield Percent||1.51%||N/A|