Median price trend for houses
Based on 9 sales in the preceding 12 months
$1,200,000
Up 16.2% over 12 months
- 3 bed
- $1.2m
- 4 bed
- $1.2m
Aerial view
Imagery © Esri
The quick read on
Oakbank
SA 5243 · Adelaide Hills
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $1,200,000
- Population
- 865
- Postcode
- 5243
latest suburb median
ABS 2021
Oakbank, South Australia
Property market insights for Oakbank
Median sale price and rental income of properties in Oakbank SA
Median rent trend for houses
Based on 8 rental listings in the preceding 12 months
$675 per week
Up 35.0% over 12 months
Market data updated October 2026.
The median house price in Oakbank, SA is currently $1,200,000, based on the latest 12 months of sales. Oakbank has a 12-month growth rate of 16.2% for houses and 29.3% for units.
Three-bedroom houses have a median sale price of $1,200,000, Four-bedroom houses have a median sale price of $1,200,000 in Oakbank.
If you're looking to lease, the median rent for houses in Oakbank is $675 per week. The median house rent has increased 35.0% over the last 12 months.
Crime and safety
Is Oakbank safe?
The overall rate for Oakbank is 1,457 offences per 100,000 residents — 61% below the Greater Adelaide benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Oakbank.
Overall crime rate
1,457
offences per 100,000 residents
61% belowGreater Adelaide
OakbankGreater Adelaide: 3,761
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Oakbank?
Oakbank SA 5243 is in South Australia, within Greater Adelaide.
865 people call Oakbank home, with an average of 2.5 people per household and a median household income of $2,024 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 865
- Median age
- 48 years
- Median mortgage
- $1,824 / month
- 2021 household rent
- $340 / week
Above the benchmarkBelow the benchmarkIn lineGreater Adelaide benchmark
Age profile
Share of residents in each age band.
Under 1517.0%In line
15–3418.7%Below
35–5424.6%Below
55–7430.9%Above
75 and over7.3%Below
Homes
Share of occupied private dwellings.
Separate houses96.8%Above
Townhouses3.2%Below
Apartments0.9%Below
Ownership
Share of homes with a stated ownership or rental status.
Owned outright42.9%Above
Paying a mortgage42.9%Above
Renting14.1%Below
Cars at home
Vehicles available to occupied households.
No car1.3%Below
One car22.7%Below
Two cars39.1%Above
Three or more35.0%Above
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home17.5%Above
Drove to work63.0%In line
Train, tram or bus0.0%Below
Walked or cycled1.8%Below
What stands out in Oakbank
17.5% of workers in Oakbank worked from home on Census day — noticeably more common than across Greater Adelaide.
5.0% of Oakbank residents were born in England.
52.3% of people in Oakbank described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Oakbank
Open any question for a plain-English reading of the public 2021 Census for Oakbank SA 5243.
Is Oakbank family-friendly?Age, family structure and household size describe the community families would be joining.
17.0% of Oakbank's residents were children under 15 in the 2021 Census. That is almost exactly typical for Greater Adelaide.
251 family households lived in Oakbank; 39.0% were couple families and 11.6% were one-parent families.
26.7% of local families included children under 15. That is well below the Greater Adelaide average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Oakbank?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Oakbank had 865 residents at the 2021 Census.
19.4% of residents were aged 25 to 44.
38.2% were 55 or older. That is well above the Greater Adelaide average.
Age shares use the suburb’s total Census population.
What kind of homes are in Oakbank?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 96.8% of occupied private dwellings in Oakbank.
Townhouses and other attached homes represented 3.2% of occupied private dwellings.
Flats and apartments accounted for 0.9% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Oakbank?Tenure shows how many households own outright, have a mortgage or rent.
42.9% of households with a stated tenure owned their home outright. That is well above the Greater Adelaide average.
42.9% were buying their home with a mortgage.
14.1% rented their home. That is about half the Greater Adelaide rate.
Tenure shares include households that stated one of these three arrangements.
How large are households in Oakbank?Household-size data shows the mix behind the suburb-wide average.
The average household in Oakbank had 2.5 people.
One-person households made up 21.3% of occupied homes. That is well below the Greater Adelaide average.
Two-person households represented 43.6%, while 26.3% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Oakbank?Census-day travel shows the balance between home, road, public transport and active travel.
17.5% of workers worked from home on Census day. That is well above the Greater Adelaide average.
63.0% drove a car as their only travel method. That is almost exactly typical for Greater Adelaide.
0.0% used only a train, tram or bus, while 1.8% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Oakbank?Vehicle availability helps describe the routines local households can support.
1.3% of occupied households had no motor vehicle available. That is about half the Greater Adelaide rate.
One-car households formed 22.7% of the total.
74.1% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Oakbank, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
64.7% were at the same address five years earlier, while 35.3% reported a different address.
11.7% of residents were born outside Australia. That is about half the Greater Adelaide rate.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Oakbank?Language at home gives a direct view of the community’s everyday linguistic mix.
91.6% of residents used only English at home.
3.0% used a language other than English at home.
0.0% spoke Mandarin at home, 0.0% spoke Cantonese and 0.0% spoke Hindi.
Home language is separate from English proficiency.
Where were Oakbank residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
11.7% of Oakbank's population was born outside Australia, while roughly 88.3% was born in Australia.
0.0% of residents were born in China.
0.0% were born in India, while Australian citizenship across the whole suburb stood at 91.2%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Oakbank?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 48.3% of ancestry responses in Oakbank.
Australian ancestry made up 42.0% of responses.
Chinese ancestry represented 0.6% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Oakbank?Occupation describes a person’s role; industry describes the sector employing them.
23.5% of employed residents worked in professional occupations. That is almost exactly typical for Greater Adelaide.
Managers accounted for 22.0% of employed residents, while clerical and administrative workers made up 10.5%.
Health care and social assistance employed 14.6% of workers, and education and training employed 8.5%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Oakbank?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 63.9%, compared with 61.7% across Greater Adelaide.
35.5% of residents aged 15 and over worked full time, while 21.6% worked part time.
Unemployment was 3.3%, compared with 5.5% across Greater Adelaide.
Labour-force figures come from the 2021 Census.
What does the health profile of Oakbank show?Selected long-term health conditions help describe community service needs.
63.6% reported no selected long-term health condition.
6.1% reported a long-term mental health condition, including depression or anxiety.
6.4% reported asthma, 8.9% arthritis and 2.8% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Oakbank?Qualifications describe the study pathways represented among local residents.
31.2% of people in the qualifications table held a bachelor degree. That is somewhat above the Greater Adelaide average.
Postgraduate degrees accounted for 7.9% of qualification responses.
Diploma-level qualifications represented 15.4%, while certificate-level qualifications represented 26.4%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Oakbank?Census income and household payments give historical context for local living costs.
Median household income was $2,024 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $1,824.
Occupied renting households reported a median rent of $340 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Oakbank compare with Greater Adelaide?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 17.5% in Oakbank, compared with 9.8% across Greater Adelaide.
Outright ownership was 42.9% locally and 32.1% across Greater Adelaide. That is well above the Greater Adelaide average.
Renting accounted for 14.1% in Oakbank, against 29.5% across Greater Adelaide.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Oakbank
Is Oakbank expensive?
The median house price is $1,200,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Oakbank good for families?
The Census counted 251 local families, and 17.0% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Oakbank?
3-bedroom houses have a median around $1,200,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Oakbank
30 streets in Oakbank
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Banksia Rd
- Beasley Rd
- Birch St
- Clisby Road
- Dorset Ln
- Downers Rd
- Elizabeth St
- Elm Dr
- Gillman Rd
- John St
- Lindners Rd
- Maple Ct
- Mappinga Rd
- Martins Rd
- Monkhouse Rd
- Murray Rd
- Nairne Rd
- Nightingale Ct
Show all 30 streetsShow fewer streets
- Oak Dr
- Oakwood Rd
- Onkaparinga Valley Rd
- Peacock Rd South
- Pike St
- Shillabeer Rd
- Size Rd
- Smith St
- Swamp Rd
- Walters Rd
- Wenzel Rd
- Whitegum Rd
12 suburbs surrounding Oakbank
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Oakbank right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.