Oakville

POSTAL CODE: NSW, 2765

HOUSE

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

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 $1,300,000.

The upward trend in home prices in OAKVILLE, 2765 averaged 22.29% per annum over a 3-year period.

Average weekly rents on listings have reached the $880 mark, reflecting a 3.52% increase in returns based on the current median price in OAKVILLE.

An average of 9.58 real estate transactions take place per month in OAKVILLE which translates to 115 per annum.

115 properties were sold in OAKVILLE in 2016, making it the 1326th most active market in NSW based on total real estate transactions.

OAKVILLE, 2765 places 447th in Australia based on median property value growth during the quarter.

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Data report can be found below

Key Property Date Report	HOUSE	UNIT
Median Price	$1,300,000	N/A
Growth Report
Median Quarterly	1.76%	N/A
Median 12 month	1.56%	N/A
Median 3 years	66.88%	N/A
Median 5 years	-34.51%	N/A
10 years average annual	0.02%	N/A
Weekly media advert. rent	$880	N/A
Time on Market	108.6 days	N/A
Gross Rental Yield Percent	3.52%	N/A

Demographics (Median Values)*

Total Population 16106

Weekly Household Income 1665

Household Size 3.00

Average Age 37

Monthly Loan Repayment 2279

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

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