Median price trend for houses
Based on 77 sales in the preceding 12 months
$1,370,000
Up 3.0% over 12 months
- 2 bed
- $1.18m
- 3 bed
- $1.3m
- 4 bed
- $1.47m
- 5+ bed
- $1.66m
Shopping centre near a small roundabout
Melburnian · CC BY 3.0
The quick read on
Oakleigh
VIC 3166 · Monash
What homes cost, how rents have moved, and a feel for the people who call it home.
- Median house
- $1,370,000
- Median unit
- $550,000
- Population
- 8,442
- Postcode
- 3166
latest suburb median
latest suburb median
ABS 2021
Oakleigh, Victoria
Property market insights for Oakleigh
Median sale price and rental income of properties in Oakleigh VIC
Median rent trend for houses
Based on 71 rental listings in the preceding 12 months
$725 per week
Up 7.4% over 12 months
Market data updated October 2026.
The median house price in Oakleigh, VIC is currently $1,370,000, based on the latest 12 months of sales. Oakleigh has a 12-month growth rate of 3.0% for houses and 0.5% for units.
Two-bedroom houses have a median sale price of $1,180,000, Three-bedroom houses have a median sale price of $1,300,000, Four-bedroom houses have a median sale price of $1,470,000, Larger houses have a median sale price of $1,660,000 in Oakleigh.
If you're looking to lease, the median rent for houses in Oakleigh is $725 per week. The median house rent has increased 7.4% over the last 12 months.
The median price of apartments and units for sale in Oakleigh is $550,000, which has increased 0.5% since the same time last year. One-bedroom apartments and units have a median sale price of $356,000, Two-bedroom apartments and units have a median sale price of $549,000, Three-bedroom apartments and units have a median sale price of $1,020,000, Four-bedroom apartments and units have a median sale price of $1,310,000 in Oakleigh. The median rent for units and apartments in Oakleigh is $625 per week and has increased 4.2% over the last 12 months.
Crime and safety
Is Oakleigh safe?
The overall rate for Oakleigh is 5,304 offences per 100,000 residents — 33% above the Greater Melbourne benchmark.
That is the clearest suburb-wide answer. Open the detailed profile to see how the pattern changes across offence types and different parts of Oakleigh.
Overall crime rate
5,304
offences per 100,000 residents
33% aboveGreater Melbourne
OakleighGreater Melbourne: 4,001
Suburb-wide estimate from Microburbs' public crime model; it is not an address-level measure.
The people behind the postcode
Who lives in Oakleigh?
Oakleigh VIC 3166 is in Victoria, within Greater Melbourne.
8,442 people call Oakleigh home, with an average of 2.5 people per household and a median household income of $1,926 a week.
Public ABS 2021 Census figures. The bars compare the local share with the capital-region benchmark.
- Population
- 8,442
- Median age
- 38 years
- Median mortgage
- $2,100 / month
- 2021 household rent
- $410 / week
Above the benchmarkBelow the benchmarkIn lineGreater Melbourne benchmark
Age profile
Share of residents in each age band.
Under 1514.5%Below
15–3430.5%Above
35–5427.6%In line
55–7419.3%In line
75 and over8.0%Above
Homes
Share of occupied private dwellings.
Separate houses61.8%Below
Townhouses12.3%Below
Apartments25.7%Above
Ownership
Share of homes with a stated ownership or rental status.
Owned outright32.3%Above
Paying a mortgage32.2%Below
Renting35.5%Above
Cars at home
Vehicles available to occupied households.
No car11.0%Above
One car42.2%Above
Two cars33.2%Below
Three or more13.7%Below
Getting to work
Selected ways residents worked or travelled on Census day.
Worked from home34.2%Above
Drove to work39.9%Below
Train, tram or bus4.6%Above
Walked or cycled2.7%In line
What stands out in Oakleigh
34.2% of workers in Oakleigh worked from home on Census day — noticeably more common than across Greater Melbourne.
5.6% of Oakleigh residents were born in China.
35.3% of people in Oakleigh described themselves as having no religion in the 2021 Census.
A closer look at the Census
Questions people ask about Oakleigh
Open any question for a plain-English reading of the public 2021 Census for Oakleigh VIC 3166.
Is Oakleigh family-friendly?Age, family structure and household size describe the community families would be joining.
14.5% of Oakleigh's residents were children under 15 in the 2021 Census. That is somewhat below the Greater Melbourne average.
2,255 family households lived in Oakleigh; 45.7% were couple families and 13.8% were one-parent families.
33.0% of local families included children under 15. That is somewhat below the Greater Melbourne average.
These are suburb-wide household figures, not school or childcare ratings.
What is the age profile of Oakleigh?The balance between younger adults, families and older residents changes how a suburb feels day to day.
Oakleigh had 8,442 residents at the 2021 Census.
30.8% of residents were aged 25 to 44.
27.3% were 55 or older. That is close to the Greater Melbourne average.
Age shares use the suburb’s total Census population.
What kind of homes are in Oakleigh?The dwelling mix shows whether the suburb is mostly detached homes, townhouses or apartments.
Separate houses made up 61.8% of occupied private dwellings in Oakleigh.
Townhouses and other attached homes represented 12.3% of occupied private dwellings.
Flats and apartments accounted for 25.7% of occupied private dwellings.
All three shares use occupied private dwellings as the denominator.
Do people own or rent in Oakleigh?Tenure shows how many households own outright, have a mortgage or rent.
32.3% of households with a stated tenure owned their home outright. That is close to the Greater Melbourne average.
32.2% were buying their home with a mortgage.
35.5% rented their home. That is somewhat above the Greater Melbourne average.
Tenure shares include households that stated one of these three arrangements.
How large are households in Oakleigh?Household-size data shows the mix behind the suburb-wide average.
The average household in Oakleigh had 2.5 people.
One-person households made up 27.0% of occupied homes. That is close to the Greater Melbourne average.
Two-person households represented 33.0%, while 23.5% had four or more usual residents.
Household size counts usual residents in occupied homes.
How do people get to work in Oakleigh?Census-day travel shows the balance between home, road, public transport and active travel.
34.2% of workers worked from home on Census day. That is somewhat above the Greater Melbourne average.
39.9% drove a car as their only travel method. That is well below the Greater Melbourne average.
4.6% used only a train, tram or bus, while 2.7% walked or cycled.
Travel figures are a 2021 Census-day snapshot.
How many cars do households have in Oakleigh?Vehicle availability helps describe the routines local households can support.
11.0% of occupied households had no motor vehicle available. That is close to the Greater Melbourne average.
One-car households formed 42.2% of the total.
46.8% of households had two or more vehicles.
Vehicle counts refer to occupied households, not individual residents.
Who's moving to Oakleigh, and who stays?Address history shows how settled or recently mobile residents were at the Census date.
58.4% were at the same address five years earlier, while 41.6% reported a different address.
38.7% of residents were born outside Australia. That is somewhat above the Greater Melbourne average.
Mobility figures cover residents who answered the relevant Census question.
What languages are spoken in Oakleigh?Language at home gives a direct view of the community’s everyday linguistic mix.
54.5% of residents used only English at home.
41.9% used a language other than English at home.
6.8% spoke Mandarin at home, 1.5% spoke Cantonese and 1.2% spoke Hindi.
Home language is separate from English proficiency.
Where were Oakleigh residents born?Birthplace adds another layer to the local story, separate from ancestry and language.
38.7% of Oakleigh's population was born outside Australia, while roughly 61.3% was born in Australia.
5.6% of residents were born in China.
4.3% were born in India, while Australian citizenship across the whole suburb stood at 79.9%.
Birthplace, citizenship and ancestry describe different parts of identity.
What ancestries shape Oakleigh?Ancestry responses show how residents describe family and cultural background.
English ancestry accounted for 21.0% of ancestry responses in Oakleigh.
Australian ancestry made up 19.2% of responses.
Chinese ancestry represented 10.9% of responses.
People may nominate more than one ancestry, so these are shares of responses.
What work do people do in Oakleigh?Occupation describes a person’s role; industry describes the sector employing them.
31.6% of employed residents worked in professional occupations. That is somewhat above the Greater Melbourne average.
Managers accounted for 14.4% of employed residents, while clerical and administrative workers made up 13.1%.
Health care and social assistance employed 12.7% of workers, and education and training employed 11.4%.
Occupation and industry figures describe employed residents of the suburb.
How active is the workforce in Oakleigh?Participation, employment pattern and unemployment describe the resident labour force.
The labour-force participation rate was 66.1%, compared with 64.1% across Greater Melbourne.
38.3% of residents aged 15 and over worked full time, while 20.6% worked part time.
Unemployment was 5.3%, compared with 5.3% across Greater Melbourne.
Labour-force figures come from the 2021 Census.
What does the health profile of Oakleigh show?Selected long-term health conditions help describe community service needs.
64.1% reported no selected long-term health condition.
8.8% reported a long-term mental health condition, including depression or anxiety.
7.1% reported asthma, 7.4% arthritis and 4.5% diabetes excluding gestational diabetes.
These are self-reported suburb-wide Census figures, not address-level health risks.
How educated is Oakleigh?Qualifications describe the study pathways represented among local residents.
36.2% of people in the qualifications table held a bachelor degree. That is somewhat above the Greater Melbourne average.
Postgraduate degrees accounted for 17.7% of qualification responses.
Diploma-level qualifications represented 15.0%, while certificate-level qualifications represented 17.8%.
Qualification categories are reported separately and are not school ratings.
What do incomes and housing costs look like in Oakleigh?Census income and household payments give historical context for local living costs.
Median household income was $1,926 per week in the 2021 Census.
The median monthly mortgage repayment reported by local households was $2,100.
Occupied renting households reported a median rent of $410 per week.
These household figures are from 2021; current sale and asking-rent medians appear in the market section.
How does Oakleigh compare with Greater Melbourne?A few clear differences place the suburb in its wider metropolitan context.
Working from home was 34.2% in Oakleigh, compared with 28.8% across Greater Melbourne.
Outright ownership was 32.3% locally and 30.7% across Greater Melbourne. That is close to the Greater Melbourne average.
Renting accounted for 35.5% in Oakleigh, against 31.1% across Greater Melbourne.
Capital-region comparisons use the same Census definitions and year.
Three useful questions
A buyer’s quick guide to Oakleigh
Is Oakleigh expensive?
The median house price is $1,370,000, while units and apartments sit at $550,000. Bedroom count, land and condition still create a wide range around those suburb medians.
Is Oakleigh good for families?
The Census counted 2,255 local families, and 14.5% of residents were under 15. That describes the community; school quality, travel times and the right fit for a particular family need separate research.
What can I get for $1.5m in Oakleigh?
4-bedroom houses have a median around $1,470,000, the closest bedroom benchmark we hold to a $1.5m budget. Individual homes can differ substantially with block size, renovation and location.
Medians describe recorded market activity across the suburb; they are historical context, not a valuation or forecast for an individual home.
Explore the area
Streets and suburbs around Oakleigh
101 streets in Oakleigh
Street-by-street reports are not published yet. The streets below are the ones this suburb covers.
- Abbeygate St
- Albert Ave
- Allen St
- Andrew St
- Atherton Rd
- Atkinson St
- Bank St
- Best St
- Bishop St
- Brighton St
- Burlington Street
- Caloola Ave
- Cambridge St
- Chester St
- Classic Ct
- Clyde St
- Connell Rd
- Croft St
Show all 101 streetsShow fewer streets
- Dalgety St
- Dandenong Rd
- Davey Ave
- Devon Gr
- Downing St
- Drummond St
- Eastgate St
- Eaton
- Edward St
- Estelle St
- Ferntree Gully Rd
- Fogarty Ct
- Ford Ave
- Gadd St
- George St
- Gillon Ct
- Golf Links Ave
- Grandview Gr
- Grant St
- Hamilton St
- Hanover St
- Hatter St
- Haughton Rd
- Heath Ave
- Henry St
- Hilbert Ct
- Holland Ct
- Huntingdale Rd
- Johnson St
- John St
- Kingston Town Cl
- King Street
- Leroux St
- Lever St
- Lincoln Avenue
- Lister St
- Logie Ct
- Logie St
- Marriott St
- Mcintosh St
- Mead Ct
- Merbow St
- Mill Rd
- Moller St
- Monarch Ct
- Mora Ave
- Moroney St
- Nelson Ave
- Norfolk Ave
- North Rd
- Oxford St
- Palmer St
- Palmerston Gr
- Parer St
- Park Rd
- Parkside Ave
- Portman St
- Princess St
- Queens Ave
- Railway Ave
- Raymond Ct
- Regent St
- Rua Ct
- Saxon Ct
- Schoolhall St
- Stamford Rd
- Station St
- Tamar Gr
- Taylor St
- The Avenue
- Warner St
- Warrigal Rd
- Watsonia St
- Wells Rd
- Westgate St
- Westley St
- Westminster St
- Willgilson Ct
- William St
- Wilson St
- Winifred St
- York Ave
- Young St
12 suburbs surrounding Oakleigh
Compare nearby suburb prices, rents and five-year market trends.
Keep exploring
Is Oakleigh right for your search?
Use the finders to compare places and properties, or open the full report when you need the street, risk, schools and growth research.
Read the thinking
Figures update as new market and census data arrives. This suburb overview is general information, not a valuation or financial advice.