OFF MARKET

229 Onkaparinga Valley Road
Oakbank SA 5243

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Last updated 28 Oct 2024
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Property Details for 229 Onkaparinga Valley Rd, Oakbank

229 Onkaparinga Valley Rd, Oakbank is a 2 bedroom, 1 bathroom House with 1 parking spaces.

Building Type
House
Local Government
Adelaide Hills

Last Listing description (October 2013)

Excellent Opportunity - Home and Business (Freehold & Business for sale)
Well situated along the very busy Onkaparinga Valley Road on the way home, a great purchase as well as the strong local clientele.
Furthermore the hours currently maintained are conducive to further outside job employment as well as the cash flow from the business being from 4pm to 9pm two days per week, 4pm to 10pm three days per week and closed for

two days.
The shop eating and serving area is very spacious and adaptable there is also outside eating facilities where appropriate. The kitchen preparing room is also very workable with plenty of bench space, double sink, central work bench and cool room storage.
Private accommodation includes two bedrooms with one huge master bedroom plus kitchen / family area. The back yard is very deep and private offering a large majestic Oak tree plus Golden Elm. There is also a large garage
20' x 30' plus two rooms at the rear.
This is a sound opportunity to buy the freehold and the business certainly you can expand if you wish.

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Property History for 229 Onkaparinga Valley Rd, Oakbank, SA 5243

A timeline of how this property has performed in the market
  • 01 Feb 2013
    Listed for Sale $435,000
  • 08 Jul 2011
    Listed for Sale $435,000

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About 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 468 properties. Over the last 5 years, Houses in Oakbank have seen a 72.55% increase in median value, while Units have seen a 56.86% increase. As at 30 September 2024:

  • The median value for Houses in Oakbank is $1,047,100 while the median value for Units is $509,635.
  • Houses have a median rent of $395.
There are currently 2 properties listed for sale, and 1 property listed for rent in Oakbank on OnTheHouse. According to CoreLogic's data, 16 properties were sold in the past 12 months in Oakbank.

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