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Oatley, NSW 2223

Suburb profile: median house and unit prices, rental yield, capital growth, vacancy and demographics

Data updated

Tight Rental MarketStrong Growth

Median House

$2,700,000

market range $2.6M-$3.0M

Median Unit

$1,105,000

market range $1.1M-$1.1M

Gross Yield (houses)

2.2%

1yr Growth (houses)

+8.0%

market range -2.5% to +15.0%

Investment snapshot for Oatley

Oatley has enough public data for first-pass screening across yield, vacancy, price and supply signals.

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Oatley market and investor summary

In Oatley, NSW 2223, the median house sells for around $2.7M, on a gross rental yield of 2.2% for houses. House prices have moved +8.0% over the past year and +13.1% over three years. At 1.3% vacancy, it is a tight rental market that favours landlords.

For an investor, this reads as a capital-growth market more than a cashflow one. A gross house yield around 2.2% will not cover holding costs in the early years, so the case leans on price appreciation. Rental demand looks steady, with vacancy at 1.3% and a resident base that is not shrinking.

Living in Oatley: people, income and schools

Oatley is home to around 10,664 people, a number that has held fairly steady over five years. At a median age of 43, it reads as skewed a little older, and 78% of homes are owner-occupied. Owner-occupiers dominate, so stock turns over slowly and listings can be thin when you are trying to buy.

The typical household income runs to around $132,000 a year (about $2,540 a week). On socio-economic measures it ranks among the most advantaged in the country (9 out of 10 on the ABS advantage index). At current prices a median house runs to a steep 20.5 times local household income, so affordability is a genuine constraint on local buyers. Locally, around 31% of household income goes to mortgage repayments, a level usually flagged as mortgage stress.

Families have 68 schools within roughly 5km to choose from, testing a little above the national school average on ICSEA. Oatley sits about 18 km from the CBD. Some errands can be done on foot, though a car still helps; the suburb scores 69 for walkability and 32 for transit out of 100. Fixed broadband is delivered over the NBN's Hybrid Fibre Coaxial (HFC).

Population
10,664
+1% over 5yr
Median age
43 years
Median household income
$132,000/yr
Households renting
20%
Family households
79%
Socio-economic rank
9/10
ABS advantage index
Schools within 5km
68
avg ICSEA 1069
Unemployment
1.9%
Distance to CBD
18 km
Walk score
69/100

Demographic, school and socio-economic figures are sourced from the ABS Census, SEIFA and ACARA. Property metrics reflect PropRadar's latest data.

Properties in Oatley

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Frequently asked questions about Oatley

What should I check before investing in Oatley?

Oatley has enough public data for first-pass screening across yield, vacancy, price and supply signals. Capital growth of +8.0% in the past year shows strong recent price momentum. Tight rental market (1.3% vacancy) gives landlords pricing power and low rental downtime. Compare those signals with nearby suburbs and individual listings before relying on the suburb-level view.

What are typical property prices in Oatley?

The median property price in Oatley, NSW 2223 is $2.7M for houses and $1.1M for units.

What rental yield does Oatley show?

The gross rental yield in Oatley is 2.2% for houses. Gross yield is calculated as annual rent divided by property price, and it doesn't account for expenses or tax.

What does recent house price growth show for Oatley?

House prices in Oatley are up 8.0% over the past year and up 13.1% over three years. Capital growth is a key driver of total investment return, so pair it with rental yield to get a full picture.

How tight is the rental market in Oatley?

The current vacancy rate in Oatley is 1.3%. A rate under 2% generally signals a tight rental market. This suburb's rental market is very tight, with landlords typically holding strong bargaining power and low rental downtime.

How many people live in Oatley?

Oatley has a population of approximately 10,664 residents, with a median age of 43.

What schools are near Oatley?

There are 68 schools within roughly 5km of Oatley. Their average ICSEA is a little above the national mean of 1000. ICSEA is the ABS measure of a school community's socio-educational advantage.

Is Oatley affordable to buy in?

A median house in Oatley costs about 20.5 times the median local household income (a high multiple that makes the suburb a stretch for median local earners). The ratio compares the median house price with annual household income; it is a rough affordability gauge, not a substitute for your own borrowing assessment.

Is Oatley's population growing?

The population of Oatley has grown modestly, about 1% over five years. Population growth feeds underlying housing demand, so it is worth weighing alongside price and yield.

How far is Oatley from the CBD?

Oatley is about 18 km from the CBD.

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