Download your FREE reports now!

Investment Property Oak Park, VIC, 3046

Suburb Snapshot

Oak Park is a suburb in the Moreland Region of Victoria. Oak Park has a population of 6,205 people and 25.15% of its occupants live in rental accommodation. The median listing price for houses is $1,000,000 and this has changed -2.44% over the past year and changed 5.26% over 2 years.

The median rent in Oak Park for houses is $620 per week and the median rental yield is 3.22%. Stock on the market for houses/townhouses has changed 23.33% compared to last year and the average time to sell a house/townhouse is 68 days.The median listing price for units is $530,000 and this has changed 6.00% over the past year. The average unit takes 91 days to sell and the median rent for a unit in Oak Park is $475 per week, producing a rental yield of 4.66%.

Supply & Demand in Oak Park, Moreland

1.24%

Current vacancy rate


41

Rental stock available


6,205

Population


25.15%

Rental population


1.04%

Current vacancy rate


895

Rental stock available


162,560

Population


33.21%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


This is information is brought to you by realestateinvestar.com.au - The online home for property investors

Statistical data for Oak Park, Moreland

  House Townhouses Units
Median listing price $1,000,000 $677,500 $530,000
Median price change - last quarter 0.00% -1.46% -0.47%
Median price change - 1 year -2.44% 5.03% 6.00%
Median price change - 2 years 5.26% 5.44% 0.00%
  House Townhouses Units
Median weekly rent $620 $550 $475
Median yield % 3.22% 4.22% 4.66%
Median rent change - 1 year 12.72% 5.76% 10.46%
  House Units
Previous month sales 14 5
Stock on market previous month 37 14
Stock variance vs. last year 23.33% -6.67%
Average days on market 68 91

Oak Park investment property listings

0 found properties in Oak Park on realestateinvestar.com.au

Navigate to more Suburbs, Regions or States