‘Great buying opportunities’ for careful investors looking at new-builds
Situations like Sydney’s Opal Tower fiasco have buyers cautious of the new-build market, but there are bargains to be had for those who ar...
Property investors enjoyed capital gains of 6.73% over the last 12 months in OAKBANK, translating to lower returns compared with its peers in SA.
A survey of average capital gains or median home price increase in suburbs across the country shows that the SA suburb obtained a 5.33% growth over a ten-year period. It ranks 1483rd on our list of suburbs that property investors should look into.
OAKBANK, 5243 has a capital gain of 6.73% for the past year, which is higher than average compared to its -18.38% growth within a five-year period.
OAKBANK, 5243 in SA belongs to the local government area of Adelaide Hills.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $555,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | N/A | N/A |
| Median 12 month | 6.73% | N/A |
| Median 3 years | 4.23% | N/A |
| Median 5 years | -18.38% | N/A |
| 10 years average annual | 5.33% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 149.8 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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