18 Oakwood RoadOakbank SA 5243
Property Details for 18 Oakwood Rd, Oakbank
Last Listing description (March 2021)
Under Contract
The Adelaide Hills is an enchanting and diverse region on Adelaides doorstep; its spectacular escarpments overlooking the city. Located in the heart of The Hills, only a 35 minutes drive from Adelaide CBD is the landmark Johnston Brewery complex. This historic complex accommodates multiple existing uses and has considerable development potential.
The Oakbank Brewery, established in 1843 by the Johnston family and bristling with improvements old and new, is sited to reap maximum benefit from its Hills location.
The sale, for only the second time, is an extraordinary opportunity with self-evident appeal to a broad mix of land uses.
A landmark historic commercial complex in a strategic location.
Currently used by winemakers OLeary Walker as a cellar door and events centre, wine storage and the continued historic manufacture of cordials.
An existing wine tourism destination with considerable development potential subject to the necessary consents and approvals.
For sale by Negotiation
Inspections are strictly by appointment with the agents.
Property History for 18 Oakwood Rd, Oakbank, SA 5243
- 25 Mar 2021Sold for $2,299,000
- 25 Feb 2020Listed for Sale Please contact agent
- 10 Jul 2015Sold for $1,831,500
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0About Oakbank 5243
The size of Oakbank is approximately 27.4 square kilometres. It has 4 parks covering nearly 1.2% of total area. The population of Oakbank in 2011 was 922 people. By 2016 the population was 852 showing a population decline of 7.6% in the area during that time. The predominant age group in Oakbank is 50-59 years. Households in Oakbank are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakbank work in a professional occupation. In 2011, 80.5% of the homes in Oakbank were owner-occupied compared with 82.4% in 2016.
Oakbank has 471 properties. Over the last 5 years, Houses in Oakbank have seen a 70.08% increase in median value, while Units have seen a 62.90% increase. As at 31 October 2024:
- The median value for Houses in Oakbank is $1,046,695 while the median value for Units is $523,548.
- Houses have a median rent of $395.
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