Property investors enjoyed capital gains of 18.18% 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 2.96% growth over a ten-year period. It ranks 2691st on our list of suburbs that property investors should look into.
OAKBANK, 5243 has a capital gain of 18.18% for the past year, which is higher than average compared to its 4% growth within a five-year period.
A 18.18% increase in median property prices in OAKBANK, 5243 has allowed this suburb to join the ranks of best performing suburbs in SA, settling at number 25th.
Figures from the previous quarter show that capital gains for real estate buyers in OAKBANK are high, as opposed to average gains per annum over the past five years.
OAKBANK, 5243 in SA belongs to the local government area of Adelaide Hills.
| KEY PROPERTY DATA REPORT | HOUSE | UNIT |
|---|---|---|
| Median Price | $520,000 | N/A |
| GROWTH REPORT | ||
| Median Quarterly | 6.12% | N/A |
| Median 12 month | 18.18% | N/A |
| Median 3 years | 10.05% | N/A |
| Median 5 years | 4% | N/A |
| 10 years average annual | 2.96% | N/A |
| Weekly media advert. rent | N/A | N/A |
| Time on Market | 116.2 days | N/A |
| Gross Rental Yield Percent | N/A | N/A |
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