Oakbank, nestled in the picturesque Adelaide Hills of South Australia, offers a unique blend of country charm and modern convenience, making it an attractive locale for potential homeowners. The housing market in Oakbank has been relatively stable, with an appealing mix of spacious family homes, character-filled cottages, and large estates, often featuring scenic views of rolling hills and lush greenery. Properties in Oakbank tend to offer larger blocks of land compared to more urban areas, providing residents with ample space and privacy. Over the years, this charming town has attracted buyers seeking a tranquil lifestyle away from the hustle and bustle of city living, while still being within easy commuting distance to Adelaide.
Living in Oakbank is ideal for those who appreciate a tight-knit community atmosphere coupled with the serenity of country life. The town is known for its vibrant local culture, hosts of community events, and attractions like the annual Oakbank Easter Racing Carnival which draws visitors from all over. Residents have access to essential amenities including schools, shops, and healthcare, all set against the backdrop of the stunning Adelaide Hills. Outdoor enthusiasts enjoy the proximity to numerous trails and parks, making it a perfect spot for walking, cycling, and exploring nature. Overall, Oakbank offers a peaceful and fulfilling lifestyle with the added charm of being close to both nature and urban conveniences.
Median Weekly Rent | $328.33 |
Median Monthly Mortgage | $1752.33 |
Median Persons Per bed houseroom | 0.77 |
Average Household Size | 2.67 |
Average Age | 43.78 |
Average Income | $845.22 |
Average Cars Per Dwelling | 2.31 |
Average Properties Within 50M | 7 |
Typical 1 bed house | |
Typical 2 bed house | $1,766,000 |
Typical 3 bed house | $1,007,000 |
Typical 4 bed house | $1,018,000 |
Typical 5 bed house | $4,190,000 |
Typical 6 bed+ house | $1,763,000 |
Housing Stock
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Thinking about buying in Oakbank? Now could not be a better time, with 600 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,295,000 with prices in this suburb ranging from $732,000 to $6,038,000. The aproximate distance to the coast is 27 Km.
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. Incomes in Oakbank are above average indicating a preference for good quality housing and lifestyle. That ensures consistent price growth. A mix of professions and above average income earners in Oakbank provides good demand. The lower than average housing turnover of these people also means fewer regular listings leading to periodic large price increases. Medium density in Oakbank necessitates a mix of lifestyle options for housing, shops, open areas, and facilties. Where this is available, demand is high and growth ensured. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.
Instant Property Valuation7 Walters Road, Oakbank, SA, 5243 | 4 | 1 | 2 | Refer to Agent | |
22 Clisby Road, Oakbank, SA, 5243 | 5 | 2 | 4 | Expressions of Interest |
Oakbank Area School
Woodside Primary School
(While the above schools are located with the suburb of Oakbank there may also be nearby schools whose catchments cover this suburb)Incidents Trend State Average
(mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
---|---|---|---|---|---|---|---|
Jan | 1.3 | 13.1 | 25.2 | 37.4 | 86.6 | 3.0 | 26.1 |
Feb | 1.3 | 13.1 | 24.6 | 39.3 | 85.7 | 2.9 | 23.3 |
Mar | 1.6 | 11.1 | 21.2 | 47.3 | 91.2 | 2.7 | 17.8 |
Apr | 2.0 | 10.3 | 18.2 | 51.8 | 89.4 | 2.6 | 13.2 |
May | 3.7 | 7.8 | 13.1 | 65.2 | 92 | 2.9 | 9.0 |
Jun | 4.2 | 5.8 | 10.5 | 71.6 | 94.1 | 3.1 | 8.4 |
Jul | 4.2 | 5.1 | 9.9 | 70.9 | 95.2 | 3.6 | 8.2 |
Aug | 3.9 | 5.1 | 10.5 | 66.5 | 95.1 | 3.7 | 10.4 |
Sept | 3.6 | 6.5 | 13.8 | 54.3 | 93.2 | 3.6 | 15.1 |
Oct | 2.2 | 8.0 | 17.2 | 47.3 | 90.3 | 3.2 | 20.8 |
Nov | 1.3 | 9.2 | 19.7 | 42.3 | 91.6 | 2.8 | 24.8 |
Dec | 1.1 | 11.8 | 23.6 | 36.0 | 83.7 | 2.8 | 27.4 |
source: Australian Government Bureau of Meteorology
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