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Oakford

POSTAL CODE: WA, 6121
HOUSE

A steady increase in median property prices over a five-year period in the suburb translates to a 36.36% capital gain.

It 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 $1,575,000

The augmented property values in the suburb are trailing behind the territorial average of 13.59% in 2016.

On the other hand, based on current median home prices for the suburb, Real estate investors could earn a rental income of N/A.

Home owners selling their properties and realtors in OAKFORD usually have to wait an average of 52.1 days days before their assets are lifted off the market.

The WA suburb ranks 477th on the list of best yielding suburbs for rental properties in WA, posting a N/A return.

It also places places 106th in Australia based on median property value growth during the quarter.

Surburb overview

Oakford is a semi-rural suburb approximately 34 kilometres south of Perth's central business district, within the Shire of Serpentine-Jarrahdale. Established in 1982, the suburb encompasses an area of 46.9 square kilometres and is characterised by its expansive properties and agricultural land uses.

As of the 2021 Census, specific population figures for Oakford are not readily available. However, the suburb is known for its low-density residential development, with many properties featuring large lots suitable for equestrian activities and hobby farming. The community comprises a mix of long-term residents and newer families seeking a rural lifestyle near urban amenities.

Public transportation options in Oakford are limited. Residents primarily rely on private vehicles for commuting, with major roads such as Thomas Road, Nicholson Road, and the Tonkin Highway providing connectivity to surrounding areas. The nearest train station is in Armadale, approximately 15 kilometres northeast, offering services to Perth and other metropolitan destinations.

Essential amenities are accessible in neighbouring suburbs. Shopping centres, schools, and healthcare facilities are available in Byford, Armadale, and Harrisdale, all within a 15 to 20-minute drive. Local businesses within Oakford include Oakford Stockfeeds, catering to the needs of the area's agricultural community.

Recreational opportunities in Oakford are abundant, with the suburb's rural setting offering ample space for outdoor activities. Equestrian pursuits are popular, supported by numerous riding trails and facilities. The nearby Oakford Trails provide residents with walking, cycling, and horseback riding options, allowing engagement with the natural environment.

Oakford continues to maintain its rural character while accommodating gradual development. Infrastructure projects, such as the extension of the Tonkin Highway, aim to improve connectivity while preserving the suburb's unique lifestyle offerings.

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