VIC/
Oakleigh east

Suburb Profile

Oakleigh East - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3166

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Based on its average 5-year and quarterly capital gains, the suburb saw average growth in the long term.

The suburb also delivered a stronger performance in contrast to other Australian suburbs in terms of appreciation of property value. Investors saw the median home price rise to $1,115,000.

The upward trend in home prices in OAKLEIGH EAST, 3166 averaged 12.98% per annum over a 3-year period.

Average weekly rents on listings have reached the $435 mark, reflecting a 2.03% increase in returns based on the current median price in OAKLEIGH EAST.

An average of 2.33 real estate transactions take place per month in OAKLEIGH EAST which translates to 28 per annum.

28 properties were sold in OAKLEIGH EAST in 2016, making it the 343rd most active market in VIC based on total real estate transactions.

OAKLEIGH EAST, 3166 places 615th in Australia based on median property value growth during the quarter.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,115,000 $810,000
GROWTH REPORT
Median Quarterly -3.04% 0.43%
Median 12 month 11.5% 7.43%
Median 3 years 38.94% 31.71%
Median 5 years 86.45% 41.73%
10 years average annual 8.04% 9.53%
Weekly media advert. rent $435 $462.5
Time on Market 35.3 days 100.8 days
Gross Rental Yield Percent 2.03% 2.97%
demographics (median values)
Total Population
5619
Weekly Household Income
1008
Household Size
2.60
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Oakleigh East, VIC
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