Oakleigh South VIC 3167

Here you can find what you need to know about Oakleigh South, VIC, including house prices in the area, median values, annual growth, recent sale prices, maps, a suburb profile and much more.

Suburb Insights
for Houses in last 12 months

At a Glance

$955k Median Sale Price (National Average $485k) 198th In VIC
-6.83% Median Price Change (1 yr) (National Average 4.30%) 2500th In VIC
$480pw Median Rent (National Average $395) 234th In VIC
2.6% Median Gross Yield (National Average 4.24%) 863rd In VIC
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Properties sold 74
Average discounting -7.40%
Average Days on Market 68
Stock on Market 19 for sale

Investment Strategy Scores

See how this property rates against different investment strategies. Learn more

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How we calculate the suburb Cash Flow Score

The suburb Cash Flow Score is simply the average of all the individual Cash Flow Scores for each property in that suburb.

A higher score indicates the suburb is more likely to contain properties that deliver an above average gross yield.

Oakleigh South, VIC National
Median
Gross Yield

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Capital Growth Score

The suburb Capital Growth Score is simply the average of all the individual Capital Growth Scores for each property in that suburb.

A higher score indicates the suburb has recently experienced significant capital growth and the short term outlook for further growth is likely to be good given strong market health indicators.

Oakleigh South, VIC National
Change in Median
Price (1 yr)
Average Days
on Market
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.
How we calculate the suburb Lower Risk Score

The suburb Lower Risk Score is simply the average of all the individual Lower Risk Scores for each property in that suburb.

A higher score indicates the suburb has increased in value over a longer period so is less likely to only be due to recent market forces. It is also likely to contain properties that command higher rent than average and therefore attract higher income tenants. Furthermore, properties in this suburb are likely to be easier to sell in the future due to strong market health indicators.

Oakleigh South, VIC National
Average Days
on Market
Change in Median Price
(5 yr)
Average Vendor
Discounting

Investor Scores are computer generated and should not be regarded as personal or general advice about investing in residential property. They should not be relied on as such — persons seeking to buy or sell residential property should always seek appropriate professional advice. The methodology used to develop the Scores depends on the availability of property data and also depends on certain assumptions and estimates.

Development Permits for Houses

Building permits are provided for council approved development applications. Where the available permits contain the type of development, date of submission, the date of approval, estimated build cost, estimated development area, builder and materials listed.

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Property Prices in Oakleigh South


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Latest Auction Results for Oakleigh South as at 17 March 2019

Property Details
Sale Price
3Bed / 2Bath / 2Car / Unit
Passed In
3Bed / 1Bath / 2Car / Unit
$700,000
6Bed / 3Bath / 2Car / House
Passed In
3Bed / 2Bath / 2Car / House
$895,000

State Auction Clearance Rates - March 2019

Auctions Clearance rate
VIC 920 52%
ACT 74 49%
NSW 638 54%
NT 9 12%
QLD 104 38%
SA 105 53%
TAS 6 0%
WA 28 26%

Local Schools


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Suburb Information

Oakleigh South, VIC 3167

Part of: Kingston Council No data available

The size of Oakleigh South is approximately 6.7 square kilometres. It has 10 parks covering nearly 2.7% of total area. The population of Oakleigh South in 2011 was 9,140 people. By 2016 the population was 9,245 showing a population growth of 1.1% in the area during that time. The predominant age group in Oakleigh South is 30-39 years. Households in Oakleigh South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh South work in a professional occupation. In 2011, 76.4% of the homes in Oakleigh South were owner-occupied compared with 74.9% in 2016. (source: Australian Bureau of Statistics)

View all properties for sale in Oakleigh South

Demographic data provided
by Australian Bureau of Statistics


Market Trends for Oakleigh South   for Houses in last 12 months


There have been 73 Houses sold in Oakleigh South in the past 12 months with a median sale price of $906K, up -11.61% annually. It takes on average 46 days to sell with vendor discounting of -6.95%.

Streets in Oakleigh South


Others also viewed

Suburb Median Price Change (1 yr) Median Sale Price Median Rent Median Gross Yield
Oakleigh VIC, 3166 -4.37% $1,150,000 $500pw 2.3% View Suburb Profile
Oakleigh East VIC, 3166 -10.71% $1,000,000 $445pw 2.3% View Suburb Profile
Murrumbeena VIC, 3163 -2.44% $1,360,000 $550pw 2.1% View Suburb Profile
Bentleigh East VIC, 3165 -2.90% $1,205,000 $550pw 2.4% View Suburb Profile
Currumbin Valley QLD, 4223 0.87% $865,000 $650pw 3.9% View Suburb Profile
Clayton South VIC, 3169 -0.76% $810,900 $430pw 2.8% View Suburb Profile