OFF MARKET

3 Oakwood Road
Oakbank SA 5243

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 125m2
Land area: 962m2
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Property Details for 3 Oakwood Rd, Oakbank

3 Oakwood Rd, Oakbank is a 2 bedroom, 1 bathroom House and was built in 1900. The property has a land size of 962m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in May 2019.

Building Type
House
Year Built
1900
Floor Size
125m2
Land Size
962m2
Local Government
Adelaide Hills
Lot/Plan
A11/D291

Last Listing description (November 2013)

Real Estate was all about position in the 1870's and 140 years later it still is!
Overlooking historic oak trees and grounds of "Oakbank House" Charles and Elizabeth Smith built a quaint 4 main roomed cottage for their daughter Elizabeth in the 1870's. The street was then known as Smith Street but is now known as Oakwood Road Oakbank. Elizabeth then married Thomas Thomas, and the cottage became the family home of various generations of the Thomas family.
Now after around 140 years the Thomas family has reluctantly decided to sell the Cottage, the first time it will have transferred outside the family in that time. They have decided it is time for a new family to renovate the home and love it, like their family.

The prime position is the first thing that will appeal to many buyers. Just metres from the main street and shops and overlooking the rustic grounds of Oakbank House the cottage has fantastic potential as it retains a freestone front and many of the original features and has not been spoilt by later renovations and extensions.
The home currently is deposed as 2 double sized bedrooms, lounge and eat in kitchen with both the old Metters wood stove and a newer electric oven. The sleep out, bathroom, toilet and old laundry complete the home. There are a number of outbuildings for garaging or storage.
The generous wide fronted block of 962 sqm allows adequate room for storage/garaging and can be redeveloped as a garden and returned to the splendour of years past.
The highly sort after area of Oakbank offers a lovely community spirit with the joys of country living, Shops, Post Office choice of Schools, excellent sporting facilities, yet is only 20 minutes by freeway from the city and tollgate.
Inspection of this lower priced cottage is highly recommended through the Sole agents Richard and Mignon Williams of L J Hooker Mount Barker on 0418 845 073

Property History for 3 Oakwood Rd, Oakbank, SA 5243

A timeline of how this property has performed in the market
Last Sold
$400,000
31 May 2019
  • 31 May 2019
    Sold for $400,000
  • 18 Dec 2013
    Sold for $295,000
  • 18 Oct 2013
    Listed for Sale Auction

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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 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.
There are currently 3 properties listed for sale, and no properties listed for rent in Oakbank on OnTheHouse. According to CoreLogic's data, 18 properties were sold in the past 12 months in Oakbank.

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.