Auction Times
Sat 23 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 1/4 Ethel Street 3 1 3 Unit | 11:30 AM Sat 23rd Nov | Stockdale & Leggo |
 | 25 Lex Grove 4 2 3 House | 1:30 PM Sat 23rd Nov | Eview Group – C+M Residential |
Sat 30 Nov | Auction Time | Agency | |
|---|---|---|---|
 | 12/3-7 Nerissa Grove 2 1 1 Townhouse | 3:00 PM Sat 30th Nov | Eview Group – C+M Residential |
 | 246 Waterloo Road 3 1 2 House | 3:00 PM Sat 30th Nov | Nelson Alexander Real Estate |
Median Sale Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Sale Price Market Trend
Sales Statistics (Houses)
| Year | Median | Growth | Low | High | # Sales |
|---|---|---|---|---|---|
| 2009 | $501,000 | 0.0% | $332,700 | $1,241,000 | 80 |
| 2010 | $641,000 | +21.8% | $350,000 | $1,200,000 | 106 |
| 2011 | $562,000 | -14.1% | $347,500 | $860,000 | 59 |
| 2012 | $538,500 | -4.4% | $255,000 | $1,400,000 | 69 |
| 2013 | $585,000 | +7.9% | $165,000 | $1,009,000 | 77 |
| 2014 | $627,000 | +6.7% | $335,000 | $1,365,000 | 58 |
| 2015 | $720,000 | +12.9% | $312,500 | $3,800,000 | 70 |
| 2016 | $850,001 | +15.3% | $480,000 | $1,355,000 | 79 |
| 2017 | $925,000 | +8.1% | $480,500 | $1,530,000 | 78 |
| 2018 | $897,200 | -3.1% | $641,850 | $1,600,000 | 50 |
| 2019 | $840,000 | -6.8% | $630,000 | $2,100,000 | 55 |
| 2020 | $970,000 | +13.4% | $633,000 | $1,687,000 | 51 |
| 2021 | $1,185,000 | +18.1% | $736,000 | $2,200,000 | 86 |
| 2022 | $1,170,000 | -1.3% | $515,000 | $2,000,000 | 64 |
| 2023 | $1,065,000 | -9.9% | $560,000 | $1,825,000 | 50 |
| 2024 | $1,150,000 | +7.4% | $620,000 | $1,900,000 | 45 |
Median Sale Price
$1.16M
Based on 47 recorded sales within the last 12 months
Updated on 21 Nov 2024
Suburb Growth
+7.8%
Current Median Price: $1,155,000
Previous Median Price: $1,065,000
Based on 99 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Oct 2024)
Price Range Segments (12 months ending Oct 2024)
Median Weekly Rent Price
House
-
Updated on Sep 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Sep 2024
1 BR - | 2 BR - | 3 BR - |
Monthly Median Rent Price Market Trend
Rent Statistics (Houses)
| Year | Median | Growth | Low | High | # Rents |
|---|---|---|---|---|---|
| 2011 | $350 | 0.0% | $140 | $550 | 54 |
| 2012 | $360 | +2.8% | $220 | $600 | 56 |
| 2013 | $350 | -2.9% | $280 | $785 | 62 |
| 2014 | $380 | +7.9% | $280 | $590 | 60 |
| 2015 | $395 | +3.8% | $225 | $780 | 79 |
| 2016 | $400 | +1.3% | $280 | $590 | 72 |
| 2017 | $420 | +4.8% | $280 | $800 | 77 |
| 2018 | $460 | +8.7% | $230 | $875 | 58 |
| 2019 | $445 | -3.4% | $285 | $640 | 80 |
| 2020 | $440 | -1.1% | $265 | $850 | 59 |
| 2021 | $480 | +8.3% | $280 | $2,086 | 78 |
| 2022 | $450 | -6.7% | $290 | $780 | 85 |
| 2023 | $550 | +18.2% | $355 | $1,200 | 46 |
| 2024 | $600 | +8.3% | $390 | $880 | 47 |
Median Rent Price
$600
per week
Based on 52 recorded rent within the last 12 months
Updated on 21 Nov 2024
Rent Price Growth
+10.0%
Current Median Rent: $600
Previous Median Rent: $540
Based on 99 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.7%
Current Median Price: $1,155,000
Current Median rent: $600
Based on 99 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Oct 2024)
Auction Results For Oak Park
Houses sold in Last 12 months ends 16 Nov 2024
$1.24M
Median Sale Price
43%
Clearance Rate
15/35
Sold/Reported
$1.69M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.6 M - $1.8 M | 1 | |
| $1.4 M - $1.6 M | 2 | |
| $1.2 M - $1.4 M (Median Price Range) | 5 | |
| $1 M - $1.2 M | 4 | |
| $800 K - $1 M | 1 | |
Similar Suburbs to Oak Park 3046
Based on median house sale price sold in last 12 months
Schools closest to Oak Park, VIC 3046
| School name | Address | Type | Sector | Distance |
|---|---|---|---|---|
| St Francis de Sales School | 626 PASCOE VALE RDOak Park 3046 | Primary | Catholic | 0.17 km |
| Oak Park Primary School | WILLETT AVENUEOak Park 3046 | Primary | Government | 0.5 km |
| Glenroy Private | 163-165 GLENROY ROADGlenroy 3046 | Primary | Independent | 1.39 km |
| Glenroy Central Primary School | 10 LOGAN STREETGlenroy 3046 | Primary | Government | 1.55 km |
| Pascoe Vale Girls Secondary College | LAKE AVENUEPascoe Vale 3044 | Secondary | Government | 1.31 km |
| Glenroy Secondary College | 120 GLENROY ROADGlenroy 3046 | Secondary | Government | 1.61 km |
| Westbreen Primary School | 2-10 PASCOE STREETPascoe Vale 3044 | Primary | Government | 1.43 km |
| Glenroy West Primary School | YORK STREETGlenroy 3046 | Primary | Government | 1.72 km |
| Strathmore Primary School | LLOYD STREETStrathmore 3041 | Primary | Government | 1.9 km |
| Strathmore Secondary College | 400 PASCOE VALE ROADStrathmore 3041 | Secondary | Government | 2.29 km |