7/16 Murray Terrace, Oaklands Park, SA 5046 | Unit for sale | OnTheHouse
FOR SALE
$490,000 - $520,000

7/16 Murray Terrace
Oaklands Park SA 5046

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Location, location!

Situated in a well-located group of eight, with only one neighbour, this secure upstairs unit is perfect for those looking for a first home, an Adelaide base for those with kids at university or perhaps a great addition to the investment portfolio.
The unit features a spacious separate lounge with split-system airconditioner, updated kitchen with plenty of cupboards and bench space, plus two bedrooms (both with ceiling fans and built in robes whilst the main bedroom also has access to the balcony, the perfect spot to enjoy your morning coffee). There is also a roomy bathroom that includes a laundry trough and washing machine provision.
There is a carport for one car plus shared visitor parking.
Situated adjacent the Oaklands Park railway station you are an easy commute into the city and only a short drive to Flinders Universities and Medical Centres. You are approximately 500m to the Westfield Marion Shopping Centre and the SA Aquatic and Leisure Centre plus only 3km to the beach and to Jetty Road, Brighton with a great selection of cafes, shops and restaurants. It doesn't get more convenient than this!
Currently tenanted until 30th September 2026 for $310 per week (current market rental appraisal approx $500 per week). At the end of the lease period it will become a periodic lease meaning that if you are looking to buy to live in yourself you will be required to give the current tenant 60 days notice.
RATES AND FEES:
Council rates: $1,343.99 per annum
SA Water - water rates: $88.0 per quarter
SA Water - sewer rates: $103.85 per quarter
Emergency Services Levy: $97.95 per annum
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Property Details for 7/16 Murray Tce, Oaklands Park

7/16 Murray Tce, Oaklands Park is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Bronlea Real Estate.

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About Oaklands Park 5046

The size of Oaklands Park is approximately 2.0 square kilometres. There are 7 parks, covering nearly 10.0% of the total area. The population of Oaklands Park in 2016 was 3841 people. By 2021 the population was 3948 showing a population growth of 2.8% in the area during that time. The predominant age group in Oaklands Park is 20-29 years. Households in Oaklands Park are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oaklands Park work in a professional occupation.In 2021, 48.30% of the homes in Oaklands Park were owner-occupied compared with 45.90% in 2016.

Oaklands Park has 2,249 properties. Over the last 5 years, Houses in Oaklands Park have seen a 75.61% increase in median value, while Units have seen a 92.63% increase. As at 31 August 2026:

  • The median value for Houses in Oaklands Park is $1,031,664 while the median value for Units is $669,309.
  • Houses have a median rent of $650 while Units have a median rent of $528.
There are currently 13 properties listed for sale, and 2 properties listed for rent in Oaklands park on OnTheHouse. According to Cotality's data, 92 properties were sold in the past 12 months in Oaklands park.

Suburb Insights for Oaklands Park 5046

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Bronwyn Drabsch
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Bronlea Real Estate
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.