The Oaks is a smaller suburb in New South Wales within the Wollondilly local government area (postcode 2570). With a population of 2,982, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $118K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in The Oaks is $1.4 million, having surged 12.2% over the past year. Units have a median price of $830,000 (+38.3% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,383.
The Oaks is served by 1 school, including 1 primary. The average ICSEA score is 977, which is around the national average of 1,000. Public transport access includes 32 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, The Oaks offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +12.2% year-on-year.
The Oaks is a smaller suburb in New South Wales within the Wollondilly local government area (postcode 2570). With a population of 2,982, the suburb has a mix of young professionals and families with a median age of 37. Households earn a median income of $118K per year, with an average household size of 3.1 people. The most common occupations are technicians & trades, professionals, managers. The top ancestries reported are Australian, English, Irish.
The median house price in The Oaks is $1.4 million, having surged 12.2% over the past year. Units have a median price of $830,000 (+38.3% YoY). The current median weekly rent is $730. This gives a gross rental yield of approximately 2.8%. The median monthly mortgage repayment is $2,383.
The Oaks is served by 1 school, including 1 primary. The average ICSEA score is 977, which is around the national average of 1,000. Public transport access includes 32 bus stops. The crime rate in the Wollondilly LGA is low at 1,550 incidents per 100,000 population.
From an investment perspective, The Oaks offers a gross rental yield of 2.8%, rated as low yield. Property prices are near the state median ($1.4M/$1.5M). The price-to-income ratio of 11.5x is considered stretched. House prices have moved +12.2% year-on-year.