Auction Times
Sat 20 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 5/21 Watt Avenue 3 2 2 Unit | 1:00 PM Sat 20th Apr | Ray White |
Sat 27 Apr | Auction Time | Agency | |
|---|---|---|---|
 | 19/9 Chris Court 1 1 1 Unit | 10:30 AM Sat 27th Apr | Ray White |
 | 1/22 Curie Avenue 4 3 2 Townhouse | 11:00 AM Sat 27th Apr | Nelson Alexander Real Estate |
 | 5 Watt Avenue 5 2 2 House | 1:30 PM Sat 27th Apr | Eview Group – C+M Residential |
Median Sale Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | $1,200,000 | +11.3% | $835,000 | $1,900,000 | 12 |
Median Sale Price
$1.12M
Based on 50 recorded sales within the last 12 months
Updated on 20 Apr 2024
Suburb Growth
+4.5%
Current Median Price: $1,120,000
Previous Median Price: $1,070,000
Based on 110 recorded House sales compared over the last two rolling 12 month periods
Peak Selling Periods (36 months ending Mar 2024)
Price Range Segments (12 months ending Mar 2024)
Median Weekly Rent Price
House
-
Updated on Feb 2024
2 BR - | 3 BR - | 4 BR - |
Unit
-
Updated on Feb 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 | 18 |
Median Rent Price
$550
per week
Based on 52 recorded rent within the last 12 months
Updated on 20 Apr 2024
Rent Price Growth
+18.2%
Current Median Rent: $550
Previous Median Rent: $450
Based on 119 recorded House rent compared over the last two rolling 12 month periods
Suburb Rent Yield
+2.6%
Current Median Price: $1,120,000
Current Median rent: $550
Based on 102 recorded House sales and rents compared over the last two rolling 12 month periods
Peak Renting Periods (36 months ending Mar 2024)
Auction Results For Oak Park
Houses sold in Last 12 months ends 13 Apr 2024
$1.2M
Median Sale Price
63%
Clearance Rate
15/24
Sold/Reported
$1.83M
Highest Sale Price
| Sold Price Range | No. of Sold Properties | |
|---|---|---|
| $1.8 M - $2 M | 1 | |
| $1.6 M - $1.8 M | 2 | |
| $1.4 M - $1.6 M | 1 | |
| $1.2 M - $1.4 M (Median Price Range) | 2 | |
| $1 M - $1.2 M | 3 | |
| $800 K - $1 M | 1 | |
| $600 K - $800 K | 1 | |
| $400 K - $600 K | 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 |