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Oakwood at Munno Para West
Community Construction Update
Oakwood construction hots up
In the City of Playford, one of South Australia’s fastest growing areas, the Devine Oakwood community at Munno Para is selling quickly.

All of the civil works are complete in both Stages 1 and 2, and with close to 100 lots sold or at unconditional stage, housing construction is well underway.

Subject to council approval, work will also begin in April on display homes and open about August.

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Estate Arial Photo
Due to unpresident interest, the estate is now 90% sold with less than 8 lots still available, and these wont last long.

Oakwood is just 30 minutes drive from the Adelaide CBD. And it has all the facilities a family could need, as well as easy access to the City of Playford’s major careers opportunities in industry, manufacturing, horticulture and technology

Munno Para is, quite simply, an area on the move, with analysts predicting a massive 150% population growth in the next decade as the City of Playford as a whole grows by 21% to just over 91,000.

Munno Para house prices rose in value by more than 70% between 2002 and 2004, and while they have settled to around 3.5% a year since, market analysts say they will increase about 4.5% a year over the next three years.

At the same time rents have been rising about 8% a year.

>> Oakwood website

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