Oakden (postcode 5086) is a smaller suburb in South Australia within the Port Adelaide Enfield local government area. The area has roughly 3,583 residents and an established family demographic, with a median age of 42. Households earn a median income of $76K per year, with an average household size of 2.4 people. Recent annual estimates show population movement staying broadly stable across the broader catchment, with population growth running at +1.2% year-on-year at the LGA level. SA employment has moved +2.1% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. SA also had 23 Commonwealth-backed major projects under construction, 2 underway, and 11 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, community & personal service. Employment in the area leans toward healthcare and public admin & safety. The top ancestries reported are English, Australian, Chinese.
Median house prices in Oakden stand at $1.0 million, having edged higher by 1.8% over the last twelve months. The current median weekly rent is $625. This gives a gross rental yield of approximately 3.2%. The median monthly mortgage repayment is $1,501.
Oakden is served by 1 school, including 1 combined. The average ICSEA score is 1040, which is around the national average of 1,000. Public transport access includes 15 bus stops. Healthcare facilities include 1 public hospital. The crime rate in the Port Adelaide Enfield LGA is moderate at 4,382 incidents per 100,000 population.
Looking at the investment signals, Oakden shows a gross rental yield of approximately 3.2%, rated as moderate yield. Property prices are near the state median ($1.0M/$950K). The price-to-income ratio of 13.5x is considered stretched. House prices have moved +1.8% year-on-year. Population growth of +1.2% year-on-year points to stable demand fundamentals. Building approvals have changed +0% year-on-year, indicating steady development activity.