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Investment Property Oakleigh South, VIC, 3167

Suburb Snapshot

Oakleigh South is a suburb in the Monash Region of Victoria. Oakleigh South has a population of 9,256 people and 20.33% of its occupants live in rental accommodation. The median listing price for houses is $1,010,000 and this has changed 1.00% over the past year and changed 2.90% over 2 years.

The median rent in Oakleigh South for houses is $650 per week and the median rental yield is 3.34%. Stock on the market for houses/townhouses has changed -40.54% compared to last year and the average time to sell a house/townhouse is 80 days.The median listing price for units is $600,000 and this has changed 20.00% over the past year. The average unit takes 110 days to sell and the median rent for a unit in Oakleigh South is $500 per week, producing a rental yield of 4.33%.

Supply & Demand in Oakleigh South, Monash

0.98%

Current vacancy rate


43

Rental stock available


9,256

Population


20.33%

Rental population


1.02%

Current vacancy rate


845

Rental stock available


182,612

Population


26.76%

Rental population


0.93%

Current vacancy rate


28,886

Rental stock available


5,926,624

Population


24.77%

Rental population


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Statistical data for Oakleigh South, Monash

  House Townhouses Units
Median listing price $1,010,000 $894,500 $600,000
Median price change - last quarter 2.50% 1.13% 9.09%
Median price change - 1 year 1.00% 4.13% 20.00%
Median price change - 2 years 2.90% 9.41% 29.72%
  House Townhouses Units
Median weekly rent $650 $750 $500
Median yield % 3.34% 4.35% 4.33%
Median rent change - 1 year 10.16% 7.14% 1.01%
  House Units
Previous month sales 6 4
Stock on market previous month 22 9
Stock variance vs. last year -40.54% -10.00%
Average days on market 80 110

Oakleigh South investment property listings

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