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Oran Park suburb profile

Oran Park is a rapidly growing suburb in the south-west of Sydney, known for its modern developments and family-friendly atmosphere. Situated approximately 60km from the Sydney CBD, it offers a blend of suburban tranquility and urban convenience. The suburb features a range of amenities, including shopping centers, schools, and recreational facilities, catering to the needs of its diverse community. Oran Park's well-planned infrastructure and green spaces make it an attractive destination for families and young professionals. With its ongoing development and community-focused initiatives, Oran Park continues to evolve as a vibrant and sought-after residential area.

Oran Park property market performance

Current median dwelling price$955,000Past 3 months

Property growth-2.0%Past 12 months

Oran Park's property market has shown positive growth over the past 12 months, with house values increasing by 6.1%, bringing the median house price to approximately $1.16 million. The unit market remains limited, with no significant change in value, reflecting a lack of demand or availability in this segment.

Sales activity has been robust, with 66 houses sold in the past 12 months, while only 4 units changed hands, indicating a stronger preference for houses. Houses are taking a median of 44 days on the market, whereas units are moving slightly faster at 35 days, suggesting a quicker turnover for the few available units.

The rental market in Oran Park has seen a notable increase, with house rents rising by 7.1% over the last 12 months, reaching an average of $750. Unit rents have experienced a modest increase of 1.6%, averaging $655, indicating a steady demand for rental properties.

HousesUnits
Median price
Past 3 months
$1.18MN/A
Change in value
Past 12 months
6.9%-10.9%
Sold
Past 3 months
542
Median days on market
Past 12 months
4434
Average rent
Past 12 months
$750$650
Change in rent
Past 12 months
4.2%0.8%

5 year median price trend for houses and units

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Oran Park demographics

Oran Park, located in the southwestern region of Sydney, is a rapidly growing suburb known for its family-friendly environment and modern amenities. With a population of 17,624 and a median age of 30, Oran Park is a youthful and vibrant community, attracting young families and professionals seeking a suburban lifestyle with urban conveniences. The suburb's development has been significant in recent years, with new housing estates, schools, and shopping centers contributing to its appeal.

The suburb's demographic profile is characterized by a high proportion of couple families with children, accounting for 60.4% of the population. This reflects Oran Park's reputation as a family-oriented suburb, offering ample parks, recreational facilities, and community events that cater to families. The median total household income of $2,349 per week indicates a relatively affluent community, with many residents employed in professional and managerial roles.

Housing in Oran Park is predominantly owner-occupied, with 55.3% of properties owned with a mortgage. This suggests a strong sense of community stability and investment in the area. However, there is also a significant rental market, with 36.6% of properties rented, providing options for those seeking flexibility. The suburb's ongoing development and infrastructure improvements continue to enhance its attractiveness, making Oran Park a desirable location for families and individuals looking for a balanced lifestyle within reach of Sydney's city center.

Oran Park infrastructure, key developments and investment opportunities

Oran Park continues to evolve as a thriving master-planned community with significant infrastructure developments. The expansion of Oran Park Podium shopping centre adds to the suburb's appeal, offering a central hub for shopping and socializing. This growth is complemented by new homes, schools, parks, restaurants, and amenities, which enhance the quality of life for residents and attract new families. The suburb's proximity to the upcoming Western Sydney Airport further boosts its desirability, providing convenient access to employment and travel opportunities.

Additionally, Oran Park’s strategic planning includes the development of co-working spaces and business opportunities, catering to remote workers and local entrepreneurs. The vibrant community and natural surroundings make it an attractive location for families and professionals alike. With ongoing growth and investment, Oran Park is likely to remain a sought-after area for property buyers and sellers in the region.

Oran Park rental market trends

The rental market in Oran Park has experienced moderate growth, with house rents increasing by 7.1% over the past year to $750 per week, while unit rents have seen a smaller rise of 1.6% to $655 per week. As a developing suburb with expanding amenities and infrastructure, Oran Park continues to attract renters and investors seeking growth potential in a burgeoning community.

Suburbs near Oran Park

Some popular suburbs near Oran Park include:

How does Oran Park compare to nearby suburbs?

  • Median house prices: Oran Park’s median house price is 12.4% higher than Gregory Hills’s.
  • House price growth: Over the past 12 months, house prices in Oran Park have grown 11.1% higher than in Harrington Park.
  • Unit price growth: Property prices in nearby Gregory Hills have risen 12.4% more than in Oran Park over the past year.
  • Selling speed for houses: Properties in Oran Park are selling 32.3% faster than in Harrington Park.
  • Investment considerations: In Oran Park, the rental yield for house is 13.9% lower than the Sydney average, while the rental yield for units is 13.1% lower.
  • House price growth: Over the past 12 months, house prices in Oran Park have grown 40.2% lower than the average rate of growth across Sydney.
  • Unit price growth:Over the past 12 months, unit prices in Oran Park have grown 13.9% lower than the average rate of growth for units across Sydney.

Common questions about Oran Park

  • Is Oran Park a nice place to live?

    Oran Park is a delightful suburb that offers a harmonious blend of suburban tranquility and urban convenience, making it a fantastic place to live. Known for its modern developments, it provides a welcoming environment for families and young professionals alike. The suburb boasts a vibrant community atmosphere, with a range of amenities such as shopping centers, schools, and recreational facilities that cater to the diverse needs of its residents. The well-planned infrastructure and abundant green spaces create a peaceful setting, perfect for families looking to enjoy a balanced lifestyle.

    For families, Oran Park is particularly appealing due to its family-friendly vibe and community-focused initiatives. The suburb is designed with families in mind, offering ample parks and recreational areas where children can play and parents can relax. Safety is generally not a major concern, contributing to the suburb's reputation as a secure and nurturing environment for raising children. The presence of good schools and childcare facilities further enhances its attractiveness for families.

    While Oran Park offers many advantages, there are some trade-offs to consider. Its location, approximately 60km from the Sydney CBD, means that commuting to the city can be time-consuming, especially during peak hours. However, the ongoing development of infrastructure, including the proximity to the upcoming Western Sydney Airport, promises to improve connectivity and accessibility in the future. Additionally, while the suburb is rapidly growing, it may lack the nightlife and cultural vibrancy found in more established inner-city areas. Nonetheless, the suburb's charm lies in its community spirit and the promise of a peaceful, family-oriented lifestyle.

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  • Is it expensive to live in Oran Park?

    Living in Oran Park can be quite a financial commitment, especially when compared to the average wage in New South Wales. The median house price in Oran Park is currently $1,158,000, which is quite high considering the state average wage is around $90,000 per year. This means that buying a house in Oran Park would require a significant portion of one's income, making it a substantial investment.

    For those considering renting, the average rent for houses is about $750 per week. While this is a bit steep, it reflects the growing popularity and development of the area. The median total household income in Oran Park is $2,349 per week, which suggests that while the suburb is not the most affordable, it is manageable for households earning around this amount.

    Overall, if you're thinking of living in Oran Park, it's important to weigh the costs against your income. The suburb offers a modern lifestyle with new amenities, but it's essential to ensure your financial situation can accommodate the expenses associated with living in this developing area.

    Disclaimer: To assess whether a suburb is considered expensive, we’ve looked at mortgage and rental costs as a proportion of the average local salary. That said, everyone’s financial situation is different, so it's important to consider your own circumstances when deciding which suburb is right for you.
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  • Is Oran Park a good place to invest?

    Oran Park is emerging as a promising investment suburb, particularly for those interested in the housing market. Over the past year, the median house value in Oran Park has increased by 6.1%, indicating a healthy growth trend. This growth is complemented by a 7.1% rise in rent for houses, suggesting strong demand from renters and a potential for steady rental income. The suburb's development and community-focused amenities make it an attractive option for families and young professionals, further driving demand.

    While the unit market in Oran Park has remained stable with no change in median value over the last year, the slight increase in rent for units by 1.6% shows a gradual interest in this segment. However, the real opportunity seems to lie in the housing market, where both capital growth and rental yields are more pronounced. As Oran Park continues to develop and expand, with new infrastructure and community facilities, it is likely to maintain its appeal and offer solid investment potential for those looking to capitalize on its growth trajectory.

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Choose the right real estate agents in Oran Park

There are 162 real estate agents working in Oran Park, but they don’t all deliver the same results.

Some agents have a much stronger presence in the suburb, with just 5 agents handling around 26.3% of all sales in the past year.

Commission rates in Oran Park typically range from 1.63% to 2.66%. Comparing agents—including what they charge, what’s included, and how they structure their fees—is not only important when choosing an agent, the right structure can help ensure your chosen agent is motivated to achieve the best possible result.

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