Oaklands Park is a smaller suburb in South Australia within the Marion local government area (postcode 5046). With a population of 3,948, the suburb has an established demographic with a median age of 39. Households earn a median income of $63K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Oaklands Park is $983,000, having surged 17.9% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,625.
Public transport access includes 1 rail station, 22 bus stops. The crime rate in the Marion LGA is higher than average at 31,180 incidents per 100,000 population.
From an investment perspective, Oaklands Park offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($983K/$950K). The price-to-income ratio of 15.6x is considered stretched. House prices have moved +17.9% year-on-year.
Oaklands Park is a smaller suburb in South Australia within the Marion local government area (postcode 5046). With a population of 3,948, the suburb has an established demographic with a median age of 39. Households earn a median income of $63K per year, with an average household size of 2 people. The most common occupations are professionals, community & personal service, clerical & administrative. The top ancestries reported are English, Australian, Scottish.
The median house price in Oaklands Park is $983,000, having surged 17.9% over the past year. The current median weekly rent is $560. This gives a gross rental yield of approximately 3.0%. The median monthly mortgage repayment is $1,625.
Public transport access includes 1 rail station, 22 bus stops. The crime rate in the Marion LGA is higher than average at 31,180 incidents per 100,000 population.
From an investment perspective, Oaklands Park offers a gross rental yield of 3.0%, rated as low yield. Property prices are near the state median ($983K/$950K). The price-to-income ratio of 15.6x is considered stretched. House prices have moved +17.9% year-on-year.