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Sold on 27 Nov 2023 for $460,000

4/1 John Street
Oakbank SA 5243

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 180m2
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Property Details for 4/1 John St, Oakbank

4/1 John St, Oakbank is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 180m2. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 2 bedroom Unit sold in Oakbank in the last 12 months.

Building Type
Unit
Land Size
180m2
Local Government
Adelaide Hills
Lot/Plan
U4/S11521

Last Listing description (November 2023)

Situated on the high side of John Street in Oakbank, this two bedroom unit will suit Investors, down sizers, couples, retiree's, and first home buyers.

Position perfect and low on maintenance but big on style, this stone fronted unit might be your introduction to the ideal quiet lifestyle in the tightly held suburb of Oakbank.

Set within walking distance of public transport, the local bowling green, golf course and Oakbank Hotel, this welcoming two bedroom unit presents a perfect opportunity for the savvy buyer. Positioned amongst a privately managed Strata Group of 4, with single carport at the side and lovely gardens framing the front, this unit offers convenience and security.

Newly painted, easy living is on offer, featuring a generous open plan living area adjoining the kitchen. A split system reverse cycle air conditioner flows through the heart of the home, to provide year round temperature comfort.

The master bedroom and bedroom two are separated by the well-appointed bathroom, Parking is provided via a single width carport.

Current market rental rate is $420 per week - This can be provided in writing upon request.

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Property History for 4/1 John St, Oakbank, SA 5243

A timeline of how this property has performed in the market
Last Sold
$460,000
27 Nov 2023
Listed for Rent
$400/w
19 Oct 2023
  • 08 Dec 2023
    Sold for $460,000
  • 27 Oct 2023
    Listed for Sale $420K to $450K
  • 17 Oct 2023
    Listed for Rent $400 / week
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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 469 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 3 properties listed for sale, and 1 property listed for rent in Oakbank on OnTheHouse. According to CoreLogic's data, 15 properties were sold in the past 12 months in Oakbank.

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