Oatley suburb profile
Oatley is a picturesque suburb located in the southern part of Sydney, known for its tranquil atmosphere and natural beauty. Nestled along the Georges River, Oatley offers residents a peaceful lifestyle with plenty of green spaces, including the popular Oatley Park. The suburb features a mix of charming heritage homes and modern residences, attracting families and professionals alike. Oatley’s village-like shopping precinct, quality schools, and convenient public transport options, including a train station, make it a desirable location. Its blend of suburban serenity and accessibility to Sydney’s CBD ensures Oatley remains a sought-after community.
Oatley property market performance
Oatley’s property market has shown positive growth over the past 12 months, with house values increasing by 7.5% and unit values rising by 11.6%. The median house price has averaged $2.65 million, while units have averaged $976,250, indicating strong demand across both property types.
Sales activity has been moderate, with 19 houses and 9 units sold in the past three months. Houses are taking longer to sell, with a median of 59 days on the market, compared to 27 days for units, suggesting a quicker turnover in the unit market.
The rental market in Oatley has also experienced growth, with house rents increasing by 6.4% and unit rents by 8.3% over the last 12 months. The average rent for houses is $955, while units command $650, reflecting a healthy rental demand in the area.
Median price - houses$2.65MPast 3 months
Median price - units$976KPast 3 months
Change in value - houses7.5%12 months
Change in value - units11.6%12 months
Houses sold19Past 3 months
Units sold9Past 3 months
Median DOM - houses59Past 12 months
Median DOM - units27Past 12 months
Average rent - houses$955Past 12 months
Average rent - units$650Past 12 months
Change in rent - houses6.4%Past 12 months
Change in rent - units8.3%Past 12 months
Oatley demographics
Oatley, a charming suburb located in the southern part of Sydney, is known for its family-friendly environment and picturesque surroundings. With a population of 10,664, Oatley offers a peaceful suburban lifestyle while still being conveniently connected to the city. The median age of 43 suggests a mature community, with many families and long-term residents enjoying the area's tranquil atmosphere and community spirit.
The suburb is predominantly composed of couple families with children, making up 52.4% of the population, which highlights its appeal to families seeking a nurturing environment. Additionally, 35.1% of households are couple families without children, indicating a significant number of empty nesters and retirees who appreciate the suburb's serene setting. The presence of one-parent families at 11.6% also reflects a diverse family structure within the community.
Property ownership in Oatley is notably high, with 46.2% of homes owned outright and 33.1% owned with a mortgage, underscoring the suburb's stability and attractiveness to long-term residents. The rental market is relatively small, with only 20.8% of properties being rented, which further emphasizes the suburb's appeal to those seeking homeownership. Oatley's combination of natural beauty, strong community ties, and convenient amenities make it a desirable location for families and individuals looking for a balanced lifestyle.
Oatley infrastructure, key developments and investment opportunities
Oatley is experiencing several developments that may impact its property market. The ongoing redevelopment of Oatley Village, including new retail spaces and residential apartments, aims to revitalize the area and potentially boost property values. Additionally, upgrades to Oatley Park, including improved walking trails and picnic facilities, enhance the suburb's recreational offerings and appeal to families.
Infrastructure improvements include planned upgrades to Oatley station to improve accessibility and commuter experience. The Georges River Council's long-term vision for Oatley focuses on preserving its village character while enhancing amenities and green spaces. These developments, combined with Oatley's desirable location and strong community feel, are likely to maintain the suburb's attractiveness to homebuyers and potentially drive property demand.
Oatley rental market trends
The rental market in Oatley has experienced moderate growth, with house rents increasing by 6.4% over the past year to $955 per week, while unit rents have risen by 8.3% to $650 per week. This growth reflects a steady demand for rental properties in the area, making Oatley an attractive option for both renters and investors seeking a stable suburban environment.
Suburbs near Oatley
Some popular suburbs near Oatley include: