Oaklands Park
Nearly half the residents of Oaklands Park rent their homes, and the vacancy rate sits at 11.3%, two facts that together explain the suburb's investment character more than almost any other. The median house price reached $1,092,500 in the first quarter of 2026, up 15% from $950,000 just a year earlier, despite household income sitting in only the 25.5th income percentile nationally. The suburb packs 3,948 people into 2.02 square kilometres, a density of 1,958 per km2, and returns a crime rate of 311.8 incidents per 1,000 residents, which is elevated compared to most metropolitan SA councils.
Population
3,948
Median Age
39.0
Household IncomeiMedian weekly household income (ABS Census)
$1,208/wk
DAs (12 months)iDevelopment Applications lodged in the past year
72
Median House
$1.1M
Median 1Q 2026
The $1,092,500 median house price rose 15% from $950,000 in 1Q 2025 to $1,092,500 in 1Q 2026, a rapid gain for a suburb where household income sits in the 25.5th percentile nationally. Monthly mortgage repayments average $1,625, producing a mortgage-to-income ratio of 31.1%, above the 30% stress threshold. Stock skews strongly toward semi-detached dwellings at 48.9%, with separate houses at 43.9% and apartments at just 7.2%. Three-bedroom homes dominate at 50.1%, with two-bedroom at 34.7% and four-plus at 9.0%. Buyers are purchasing into a high-rental suburb: only 22.9% own outright and 27.2% carry a mortgage, compared to the much larger 49.9% renting cohort.
For Buyers
The $1,092,500 median house price rose 15% from $950,000 in 1Q 2025 to $1,092,500 in 1Q 2026, a rapid gain for a suburb where household income sits in the 25.5th percentile nationally. Monthly mortgage repayments average $1,625, producing a mortgage-to-income ratio of 31.1%, above the 30% stress threshold. Stock skews strongly toward semi-detached dwellings at 48.9%, with separate houses at 43.9% and apartments at just 7.2%. Three-bedroom homes dominate at 50.1%, with two-bedroom at 34.7% and four-plus at 9.0%. Buyers are purchasing into a high-rental suburb: only 22.9% own outright and 27.2% carry a mortgage, compared to the much larger 49.9% renting cohort.
For Investors
A 49.9% renter share is the defining investor signal, well above average for SA metropolitan suburbs, and the weekly rent of $300 provides a working yield base. The vacancy rate of 11.3% is elevated and warrants attention, as it indicates that units sit empty more often than in tightly held markets. Development activity is active at 67 applications lodged in the past 12 months, including multi-dwelling proposals. Price growth of 15% over the past year from $950,000 to $1,092,500 shows strong capital appreciation momentum. Rent-to-income at 24.8% stays below the 30% stress threshold, suggesting tenants can sustain current rents. The high-vacancy signal means landlords should price competitively rather than assume automatic occupancy.
Development Activity
Total DAs
400
Last 12 Months
72
YoY ChangeiYear-over-year change in DA lodgements
-11.1%
Avg DA CostiAverage estimated cost per DA in the past year
N/A
Monthly DA Lodgements
DA Categories
Demographics
The median age of 39 is 1.0 year below the national figure, pointing to a working-age skew rather than retiree concentration. University qualifications reach 40.5%, which is 10.4 percentage points above national, a notable knowledge-worker presence relative to the 25.5th household income percentile. Overseas-born residents make up 33.5% of the population, 11.9 points higher than national. English ancestry leads at 1,367 residents, followed by Scottish (308), Irish (297) and Chinese (269). The average household size of 2.0 is 0.5 below the national figure, consistent with a high proportion of couples without children at 34.7% of families and a large renting population. Mandarin (79 speakers), Nepali (37) and Arabic (31) are the most common non-English languages.
Age Distribution
Bedrooms
Dwelling Structure
43.9%
Houses
48.9%
Townhouse
7.2%
Apartment
Tenure
The tenure split is dominated by renters at 49.9%, with mortgage holders at 27.2% and outright owners at 22.9%. Semi-detached dwellings make up 48.9% of stock, the largest category, while separate houses account for 43.9% and apartments for 7.2%. Three-bedroom dwellings dominate at 50.1%, with two-bedroom at 34.7%. The median house price at $1,092,500 is now 15% above the $950,000 recorded in 1Q 2025, a substantial rise in a single year. Monthly mortgage repayments average $1,625 and mortgage-to-income sits at 31.1%, technically in stress territory. The high renter share compared to the SA state average reflects the semi-detached stock profile, which traditionally attracts tenants over owner-occupiers.
Median House Price Trend
Source: State Valuer-General
Mortgage / mo
$1,625
Rent / wk
$300
HH Size
2.0
Personal Income / wk
$648
Vacancy Ratei% of dwellings unoccupied on Census night (ABS 2021)
11.3%
Unoccupied
222
Rent / IncomeiMedian rent as % of household income. Over 30% = housing stress
24.8%
Mortgage / IncomeiMedian mortgage as % of household income. Over 30% = housing stress
31.1% stressed
Community Profile
Languages Spoken at Home
Ancestry
Household Composition
34.7%
Couples, no children
2,455
Total families
Economy & Employment
Healthcare is the dominant local industry at 24.4% of employed residents (315 workers), followed by Education at 12.7% (164) and Professional/Technical services at 8.6% (111). Construction contributes 7.6% and Retail 7.1%. By occupation, Professionals lead with 457 workers, followed by Community and Personal Service workers at 315 and Clerical/Admin at 252. The unemployment rate is 6.4%, above average, and the participation rate of 52.6% is relatively low, with 1,397 residents not in the labour force. Full-time employment covers 59.2% of employed residents. The healthcare and education dominance partly explains the high university qualification rate of 40.5%, which is 10.4 points above national despite the 25.5th household income percentile.
Socio-Economic Indexes (SEIFA)iABS index ranking suburbs from 1 (most disadvantaged) to 10 (most advantaged)
Full-time
59.2%
Part-time
34.4%
Participation
52.6%
Employed
1,719
Occupations
Top Industries
University
40.5%
Postgraduate
11.1%
Born Overseas
33.5%
Dwellings
1,743
Transport to Work
Public transport accounts for 12.1% of journeys to work, with 78.8% driving and 4.7% walking or cycling. The crime rate of 311.8 incidents per 1,000 residents is elevated compared to lower-crime SA suburbs and is flagged as a distinguishing characteristic of the suburb. No schools are recorded within the Oaklands Park boundary, so families with school-age children rely on neighbouring suburbs. Volunteering participation stands at 13.6%, and 13.1% of residents (490 people) need some form of assistance, a slightly higher share than lower-disadvantage areas. Rent-to-income at 24.8% is below the 30% stress mark, keeping rental costs manageable relative to incomes at the 25.5th household income percentile nationally.
Drive
78.8%
Public Transport
12.1%
Walk / Cycle
4.7%
Work from Home
N/A
Safety & Crime
Total Offences
1,231
Year ending June 2024
Rate per 1,000 People
311.8
Source: Crime Statistics Agency Victoria / SA Police
National Ranking iPercentile rank among ~15,000 AU suburbs. 90% = higher than 90% of suburbs
How Oaklands Park compares to ~15,000 Australian suburbs
Frequently Asked Questions
Is Oaklands Park a good suburb to live in?
Oaklands Park suits renters and service-sector workers well: 49.9% of residents rent and the $300 weekly rent keeps costs at 24.8% of income, below the stress threshold. University qualifications are 10.4 points above national at 40.5%. The crime rate of 311.8 per 1,000 is elevated and worth weighing against the relatively accessible price point for SA.
What is the median house price in Oaklands Park?
The median house price reached $1,092,500 in the first quarter of 2026, up 15% from $950,000 in the first quarter of 2025. Monthly mortgage repayments average $1,625 and the mortgage-to-income ratio is 31.1%, just above the standard 30% stress threshold.
What schools are in Oaklands Park?
No schools are recorded within the Oaklands Park postcode 5046 boundary in this dataset. Families rely on schools in neighbouring suburbs. Despite the lack of local schools, the suburb's university qualification rate is 40.5%, which is 10.4 percentage points above the national figure.
Is Oaklands Park safe?
The crime rate is 311.8 incidents per 1,000 residents, which is elevated and is one of the suburb's identified high-risk signals. There were 1,231 total recorded incidents. Prospective residents should review SA Police crime statistics for the Marion local government area for detailed category breakdowns.
Is Oaklands Park good for property investment?
The 49.9% renter share and 15% price growth from $950,000 to $1,092,500 over the past year are strong positives. The 11.3% vacancy rate is elevated and could compress net yield, so competitive pricing and tenant screening are important. Weekly rent of $300 gives a starting gross yield basis to model against the $1,092,500 median.
How is Oaklands Park's population changing?
Detailed population forecasts are not available for Oaklands Park in this dataset. The suburb holds 3,948 residents at a density of 1,958 per km2 across 2.02 square kilometres. With 67 development applications in the past 12 months, including multi-dwelling proposals, gradual infill densification is the most likely growth pathway.
What languages are spoken in Oaklands Park?
About 33.5% of residents were born overseas, which is 11.9 percentage points above the national figure. The most common non-English languages are Mandarin (79 speakers), Nepali (37), Arabic (31), Punjabi (25) and Hindi (19), reflecting a moderately international community within the 3,948 total population.
How much development is happening in Oaklands Park?
There were 67 development applications lodged in the past 12 months. Recent proposals include multi-dwelling group dwellings and commercial fitouts such as an eyecare store interior. This level of activity is consistent with a suburb at 1,958 people per km2 pursuing medium-density infill growth.
How to read these comparisons
Phrases like "above the national average" reference the unweighted median across Australian suburbs with more than 1,000 residents, not population-weighted national figures. Suburb-level medians are more useful for ranking suburbs against each other; ABS census headlines are population-weighted (so dominated by Sydney and Melbourne) and can read very differently.
Current baseline (refreshed 2026-05-10): median age 40, university-educated 30.1%, born overseas 21.6%, average household size 2.5 people.
Data sources: ABS 2021 Census (demographics, income, tenure), state Valuer-General (house prices), Department of Jobs SALM (unemployment), ACARA (school ICSEA), state Crime Statistics agencies (offences), council DA portals (development applications). Population forecasts use a Hamilton-Perry cohort model calibrated to ABS ERP.
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