Thinking about buying in Oak Valley? Now could not be a better time, with just 230 residential dwellings it's a highly sought after location. The average property price in this area is in the region of $782,000 with prices in this suburb ranging from $438,000 to $2,083,000. Oak Valley is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
| Median Weekly Rent | $ |
| Median Monthly Mortgage | $ |
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| Average Income | $ |
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| Average Properties Within 50M |
In Oak Valley there has been a history of lower than average prices and demand, offering opportunities for investors or first home owners, especially in the context of the growth in working from home. High average incomes in Oak Valley ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. Low average earnings from people in Oak Valley leads to lower quality housing which also negatively impacts the provision of facilities. As a consequence this area is often seen as less desirable, with lower quality of housing and slower price growth. Low population density implies low demand and limits housing choices and price increases. Could be a good entry point for first home buyers needing to somehow get into the market. With very low industrial sector presence in Oak Valley the focus is on lifestyle, driving specific demand around facilities, services, and open space. Most people are employed in service sectors with a higher than average proportion being able to work from home. This may incease demand over the medium term.
None within suburb boundary
(While the above schools are located with the suburb of Oak Valley 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 | 0.9 | 16.7 | 28.4 | 41.9 | 88.9 | 6.9 | 25.6 |
| Feb | 1.2 | 16.1 | 27.5 | 44.7 | 91.4 | 6.5 | 23.3 |
| Mar | 0.4 | 14.7 | 26.4 | 43.4 | 93.5 | 6.0 | 19.1 |
| Apr | 0.8 | 12.0 | 25.0 | 39.0 | 92.7 | 5.1 | 15.6 |
| May | 0.8 | 8.8 | 21.2 | 43.7 | 94.0 | 4.8 | 12.4 |
| Jun | 1.0 | 6.0 | 18.7 | 46.0 | 94.9 | 4.7 | 10.9 |
| Jul | 0.8 | 5.6 | 18.6 | 44.5 | 95.7 | 5.1 | 11.6 |
| Aug | 0.6 | 6.2 | 20.6 | 36.9 | 95.1 | 5.5 | 14.5 |
| Sept | 0.5 | 8.5 | 23.7 | 31.6 | 92.1 | 6.1 | 19.2 |
| Oct | 0.6 | 10.8 | 24.8 | 32.5 | 88.5 | 6.5 | 23.4 |
| Nov | 0.4 | 13.1 | 27.2 | 34.3 | 89.0 | 6.5 | 26.4 |
| Dec | 0.3 | 14.6 | 28.5 | 35.3 | 88.8 | 6.6 | 28.5 |
source: Australian Government Bureau of Meteorology
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