Market snapshot
Suburb insights for Oakleigh3166
Change suburbOakleigh, approximately 15 km southeast of the CBD, is a vibrant suburb with a strong Greek cultural influence, centred around the bustling Eaton Mall dining precinct. It offers excellent rail and road connections, proximity to Chadstone Shopping Centre, and a variety of schools and parks. Oakleigh combines period charm with modern apartment living and commercial activity. It continues to attract both long-time residents and new arrivals seeking convenience and character.
Sales data
Median sale price
$1.4mil
Quarterly price change
-5.5%
Metro Melbourne Comparison
$992k
1.9%
| Bedrooms | Oakleigh | Metro comparison |
|---|---|---|
| 2 | - | $950,000 |
| 3 | $1,305,000 | $863,000 |
| 4 | $1,560,000 | $980,500 |
| Insight | Oakleigh | Metro comparison |
|---|---|---|
| Clearance rate | 80% | 74.9% |
| Days on market | 43 | 37 |
Rental data
Median weekly rent
$690
Rental yield
2.6%
Metro Melbourne Comparison
$580
3.1%
| Bedrooms | Oakleigh | Metro comparison |
|---|---|---|
| 2 | - | $595 |
| 3 | $640 | $550 |
| 4 | - | $595 |

Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.