Project Overview
The size of Oaklands Park is approximately 2km2. It has 5 parks covering nearly 6% of the total area. The population of Oaklands Park in 2001 was 3,006 people. By 2006 the population was 3,128 showing a population growth of 4% in the area during that time. The predominant age group in Oaklands Park is 20 - 29 years. Households in Oaklands Park are primarily sole parent and are likely to be repaying between $600.00 - $800.00 per month on mortgage repayments. In general people in Oaklands Park work in a non - specific occupation. In 2001, 53% of the homes in Oaklands park were owner - occupied compared with 52% in 2006. In 2009 the median sales price was $380,000
Objectives
To maximise the investor's return on investment through speculative property development
Project Details
| Address | Lot 3/5 Shearing St |
| Site Size | 1719 m2 |
| Council | City of Marion |
Proposed Development
| # Allotments / Dwellings | 8 |
| Type of Dwellings | 4 x Double Storey Row Dwellings 4 x Single Storey Flat Building |
| Construction Materials | Hebel / Timber / Colourbond / Gyprock |
| Buyer Demographic | First home owners and investors. |