This property is Off Market
With an average age of 40, households expect an average monthly mortgage payment of $1,545 or a weekly rent payment of $318. The average family earns a weekly income of $2,094 with a typical household size of 2.4 and a 93.01% employment rate.
Prices are above market average and increase steadily under persistent demand. A more sustainable rate of price growth is anticipated in the short to medium term. In this area of average incomes, there is a mix of housing size and quality. While this may present buying opportunities, growth may be constrained. As buyers begin to examine Oakden due to other areas being out of the price range and the trend to working from home, "gentrification" may incease price growth. The high percentage of professional people in Oakden classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Oakden requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
(Country of Birth not stated 2%)
Northgate - Oakden - Gilles Plains a good, bad, or just average location in which to invest in property? Should you be buying, or selling, property right now? Our Investability scores provide comparative insights into the investment potential for every suburb across Australia.
Investability - Housing Demand
South Australia State average 45 / 100
Income
42 / 100
44 / 100
Industry
93 / 100
34 / 100
Population
77 / 100
37 / 100
House Prices
71 / 100
62 / 100
Jobs
81 / 100
33 / 100
Incidents Trend State Average
Heritage College
Oakden, SA, 5086 Independent R-12
St Paul's College
Gilles Plains, SA, 5086 Independent R-12
Hillcrest Primary School
Hillcrest, SA, 5086 State U, R-7
Kildare College
Holden Hill, SA, 5088 Independent 7-12
Avenues College
Windsor Gardens, SA, 5087 State U, R-12
St Martin's Catholic Primary School
Greenacres, SA, 5086 Independent R-6
Klemzig Primary School
Klemzig, SA, 5087 State U, R-7
Wandana Primary School
Gilles Plains, SA, 5086 State U, R-7
St Pius X School
Windsor Gardens, SA, 5087 Independent R-6
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134 Acme Avenue Street, Town, State
Description - Details the application. Type and other information pertaining to the development application and more...
Authority Reference: UX0909823-GOV Website
The Residz risks assessments are composed from data attributes which are generally accepted to indicate higher or lower risk presence likelihood for that condition for any address or locality. They do not however determine the exact presence of that risk for any specific property. The Residz Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice. While Residz uses commercially reasonable efforts to ensure the Residz Data is current, Residz does not warrant the accuracy, currency or completeness of the Residz Data and to the full extent permitted by law excludes liability for any loss or damage howsoever arising (including through negligence) in connection with the Residz Data. Historical prices and trends are not a guarantee of future prices and trends.
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