VIC/
Oakleigh east

Suburb Profile

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

house
unit

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 $1,150,000.

The upward trend in home prices in OAKLEIGH EAST, 3166 averaged 15.75% per annum over a 3-year period.

Average weekly rents on listings have reached the $450 mark, reflecting a 2.03% increase in returns based on the current median price in OAKLEIGH EAST.

An average of 2.92 real estate transactions take place per month in OAKLEIGH EAST which translates to 35 per annum.

35 properties were sold in OAKLEIGH EAST in 2016, making it the 275th most active market in VIC based on total real estate transactions.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $1,150,000 $805,000
GROWTH REPORT
Median Quarterly N/A 3.04%
Median 12 month 21.56% 10.27%
Median 3 years 47.25% 34.17%
Median 5 years 100.87% 61%
10 years average annual 9.83% 8.26%
Weekly media advert. rent $450 $430
Time on Market 0.0 days 94.5 days
Gross Rental Yield Percent 2.03% 2.78%
demographics (median values)
Total Population
5619
Weekly Household Income
1008
Household Size
2.60
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