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Oakville suburb profile

Oakville is a serene suburb located in the north-western region of Sydney, offering a peaceful rural lifestyle while still being accessible to urban amenities. Known for its expansive properties and lush landscapes, Oakville attracts those seeking a tranquil environment away from the hustle and bustle of city life. The suburb is characterized by its spacious homes, equestrian facilities, and a strong sense of community. With its proximity to the Hawkesbury River and nearby towns, Oakville provides a perfect blend of country charm and convenience, making it an appealing choice for families and nature enthusiasts.

Oakville property market performance

Oakville's property market has remained stable over the past 12 months, with no change in the median house value, which currently stands at $1.32 million. The suburb has not seen any unit sales or changes in unit values, reflecting a market focused solely on houses.

In terms of sales activity, 25 houses have been sold in the past 12 months, with properties spending a median of 99 days on the market, indicating a slower pace of sales. The absence of unit sales further highlights the suburb's emphasis on house transactions.

The rental market for houses in Oakville has experienced a modest increase, with average rents rising by 5.3% over the last year to $895. The lack of unit rentals suggests a limited rental market for this property type in the area.

HousesUnits
Median price
Past 3 months
$1.44MN/A
Change in value
Past 12 months
-1.1%N/A
Sold
Past 3 months
20N/A
Median days on market
Past 12 months
98N/A
Average rent
Past 12 months
$900N/A
Change in rent
Past 12 months
5.9%N/A

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Oakville demographics

Oakville, located in the north-western region of Sydney, is a serene suburb known for its spacious properties and family-friendly environment. With a population of 2,027, it offers a peaceful retreat from the hustle and bustle of city life while still being within reach of urban amenities. The median age of 44 suggests a mature community, with many residents likely enjoying the tranquility and space that Oakville provides.

The suburb is predominantly composed of family households, with 51% of families being couples with children, and 38.4% being couples without children. This indicates a strong family-oriented community, where residents value the suburb's safe and nurturing environment. The presence of one-parent families at 9.5% and other families at 1.2% adds to the diversity of family structures within the area.

Property ownership in Oakville is notably high, with 54.5% of homes owned outright and 29.5% owned with a mortgage. This reflects a stable and established community, where long-term residents have invested in their homes. The rental market is relatively small, with only 16% of properties being rented, which further emphasizes the suburb's appeal to homeowners seeking a permanent residence.

Overall, Oakville offers a blend of rural charm and suburban convenience, making it an attractive option for families and individuals seeking a quieter lifestyle without sacrificing access to essential services and facilities. Its strong sense of community and high rate of homeownership contribute to its reputation as a desirable place to live.

Suburbs near Oakville

Some popular suburbs near Oakville include:

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