Oakbank SA Property Investment
Mount Barker · 5243 · Score: 61/100 · Hold
Oakbank Short-Term Rental (Airbnb) Market
Oakbank SA Investment Brief
HOLD — 1.7% gross yield on a $1,200,000 (pending peer validation) median.
THE MARKET
Oakbank has compounded at 1.9%/yr over 5 years. Median sits in the $1,200,000 (pending peer validation) band today. Properties are sitting on market for 20 days (sellers have the leverage).
- Median house: $1,200,000 (pending peer validation) | Units: $538,917
- Gross yield: 1.7% | Net yield: 0.2%
- 5yr price CAGR: 1.9%/yr | 3yr forecast: 13.5%/yr
- Population: 865 | Owner-occupier rate: 84% | Affluence: Very High
- Supply pipeline: Low — Price growth outpacing new supply, limited development pipeline
RENTAL SNAPSHOT
- Vacancy: 0.8% (improving) | Rental demand: Very High
- Median weekly rent: $395/wk | Days on market: 20 (improving)
- Landlord market — rents likely to keep rising.
SHORT-TERM RENTAL
- Median nightly rate: $630/night | Occupancy: 42%
- Estimated annual STR gross: ~$96,637/yr
- vs long-term rent: $20,540/yr (+370% STR premium — factor in higher management costs)
INFRASTRUCTURE & CATALYSTS
- Adelaide Metro Train Services Franchise (Under Delivery)
- Transport: Mount Barker station 10.0km away
BULL CASE
If Oakbank maintains 3%+ annual growth and vacancy stays below 0.8%, median prices could reach $1,380,000 within 3 years with yields compressing slightly as capital values rise.
BEAR CASE
A market correction or interest rate shock could see prices in Oakbank pull back 10-15% from $1,200,000, with vacancy rising to 1.4% and rental yields softening as tenants gain leverage.
KEY RISKS
- Bushfire risk: HIGH (planning_overlay) — confirm BAL rating and any bushfire overlay obligations for the property
COMPARABLE MARKETS
- Gepps Cross (SA): $912,646 median, 1.9% yield, 2.1% 1yr growth
- Kilburn (SA): $1,093,556 median, 2.8% yield, 31.9% 1yr growth
- Salisbury Downs (SA): $845,000 median, 3.4% yield, 15.9% 1yr growth
THE PLAY
Oakbank offers balanced fundamentals but does not present an urgent buying signal. The market is in a cooling phase with low vacancy risk. Monitor vacancy trends and price movements over the next 6-12 months. Only enter if a property can be acquired at or below median pricing with yields exceeding 4.0%.
- Entry range: $1,080,000 – $1,320,000
- Minimum gross yield to target: 4.5%
- Watch signal: vacancy staying below 2% and days on market holding under 35
This analysis is for informational purposes only and does not constitute financial, legal, or investment advice. Seek professional advice before making investment decisions.
Gentrification Index
Growth Forecast
high confidenceBasis: 5yr CAGR 1.9% + 10yr CAGR 2.5%
- +Very tight rental market (vacancy 0.8%) — upward price pressure
- +Active market (20 days avg)
- −High supply pipeline (3336 new approvals) — may cap price growth
Suburb Metric Thresholds
Macro Environment
Macro Indicators
Cash Rate
4.35%
▲ 0.25%Cash rate as at 2026-05-06 · Credit data 2026-04
Suburb Supply & Demand
Suburb Supply Pipeline — New Dwelling Approvals
493
2020
824
2021
591
2022
803
2023
625
2025
New dwelling approvals — higher numbers mean more future supply
Socio-Economic Profile
Source: ABS Census 2021SEIFA Index · Postcode 5243
Decile 10 of 10 — Low disadvantage
Population
865
Education (IEO)
8/10
Econ. Resources (IER)
10/10
10-Year Investment Projection
Modelled on Oakbank SA data — rent, capital growth, tax, and depreciation over 10 years.
Pre-filled: $395/wk median rent for Oakbank. Capital growth and rent increase are editable assumptions.
Nearby Suburbs
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Analyse a Property →Data sourced from ABS, state government property sales, and Airbnb market analytics. For informational purposes only — not financial advice.