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Investment Property Oakleigh, VIC, 3166

Suburb Snapshot

Oakleigh is a suburb in the Monash Region of Victoria. Oakleigh has a population of 7,887 people and 28.67% of its occupants live in rental accommodation. The median listing price for houses is $1,190,000 and this has changed -5.93% over the past year and changed -1.86% over 2 years.

The median rent in Oakleigh for houses is $650 per week and the median rental yield is 2.84%. Stock on the market for houses/townhouses has changed 31.82% compared to last year and the average time to sell a house/townhouse is 94 days.The median listing price for units is $550,000 and this has changed 3.77% over the past year. The average unit takes 183 days to sell and the median rent for a unit in Oakleigh is $550 per week, producing a rental yield of 5.20%.

Supply & Demand in Oakleigh, Monash

0.94%

Current vacancy rate


38

Rental stock available


7,887

Population


28.67%

Rental population


1.04%

Current vacancy rate


863

Rental stock available


182,612

Population


26.76%

Rental population


0.94%

Current vacancy rate


29,256

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Oakleigh, Monash

  House Townhouses Units
Median listing price $1,190,000 $1,000,000 $550,000
Median price change - last quarter 1.27% 7.52% 0.00%
Median price change - 1 year -5.93% 4.71% 3.77%
Median price change - 2 years -1.86% 11.11% 3.77%
  House Townhouses Units
Median weekly rent $650 $740 $550
Median yield % 2.84% 3.84% 5.20%
Median rent change - 1 year 8.33% 10.44% 14.58%
  House Units
Previous month sales 1 7
Stock on market previous month 29 46
Stock variance vs. last year 31.82% -13.21%
Average days on market 94 183

Oakleigh investment property listings

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