Oberon

POSTAL CODE: NSW, 2787

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 weaker performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $553,750.

The upward trend in home prices in OBERON, 2787 averaged 1.49% per annum over a 3-year period.

Average weekly rents on listings have reached the $470 mark, reflecting a 4.41% increase in returns based on the current median price in OBERON.

An average of 6.83 real estate transactions take place per month in OBERON which translates to 82 per annum.

82 properties were sold in OBERON in 2016, making it the 95th most active market in NSW based on total real estate transactions.

OBERON, 2787 places 1134th 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	$553,750	N/A
Growth Report
Median Quarterly	-1.99%	N/A
Median 12 month	-1.12%	N/A
Median 3 years	4.48%	N/A
Median 5 years	31.85%	N/A
10 years average annual	7.68%	N/A
Weekly media advert. rent	$470	N/A
Time on Market	83.5 days	N/A
Gross Rental Yield Percent	4.41%	N/A

Demographics (Median Values)*

Total Population 4448

Weekly Household Income 1224

Household Size 2.40

Average Age 45

Monthly Loan Repayment 1430

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

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