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City of Monash

Oakleigh East

Oakleigh East Property Market
& Suburb Profile

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MEDIAN PRICES IN OAKLEIGH EAST

Median house price

(all agencies, last 12 months)$1.2m*

House price change

(all agencies, last 12 months)+3.08%

Median unit price

(all agencies, last 12 months)$896k*

Unit price change

(all agencies, last 12 months)-4.81%

(Median House Price and Median Unit Price is calculated based on sales of properties with all numbers of bedrooms)

OAKLEIGH EAST price TRACKER

HousesUnits

Oakleigh East sales overview

  • Sold by Auction 75%
  • Sold by Private Sale or Other Method 25%
  • (Based on Sales Reported in the Last 12 Months)

Average days on market (houses)

(all agencies, 12 months)27

Average days on market (units)

(all agencies, 12 months)30

Auction clearance rate in Oakleigh East

(all agencies, last 12 months)75%

Average held period in Oakleigh East

(proptrack)14 years

Oakleigh East Investor Statistics

Median rental price for Houses

(all agencies, last 12 months)$662pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$644pw

Unit rental price change

(all agencies, last 12 months)0.02%

Average rental yield for Houses

(all agencies, last 12 months)2.74%

Average rental yield for Units

(all agencies, last 12 months)4.18%

Oakleigh East total population size

(as at the last census)6,804

Median household size in Oakleigh East

(as at the last census)2.6

(Median House Price and Median Unit Price is calculated based on leased properties with all numbers of bedrooms)

Oakleigh East property types

  • Houses 35%
  • Units 32%
  • Other 33%

OCCUPANCY in Oakleigh East

  • Owned 62%
  • Rented 35%
  • Other/Not Stated 3%
  • Singles 20%
  • Families 71%
  • Other 9%

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About Oakleigh East

A Hidden Gem with Suburban Charm & City Convenience

Located 16 km southeast of Melbourne’s CBD, Oakleigh East is a well-connected suburb in the City of Monash, offering a blend of family-friendly living, excellent amenities, and strong investment appeal. With its proximity to Monash University, Chadstone Shopping Centre, and public transport, Oakleigh East is popular among families, professionals, students, and investors alike.

Lifestyle & Recreation

Oakleigh East provides a balance of suburban tranquillity and urban convenience, with plenty of parks, dining options, and recreational facilities:

  • Huntingdale Golf Club – One of Melbourne’s premier golf courses, offering a world-class experience.
  • Brickmakers Park – A scenic park with walking trails, picnic spots, and a playground, perfect for families.
  • Scotchmans Creek Trail – A popular cycling and walking trail, connecting to Jells Park.
  • Chadstone Shopping Centre – The largest shopping centre in the Southern Hemisphere, just a short drive away, offering luxury brands, dining, and entertainment.
  • Oakleigh Central – Home to authentic Greek cafés, bakeries, and restaurants, making it a must-visit food destination.

Education & Employment

Oakleigh East is well-served by excellent schools and employment hubs, making it a highly desirable suburb:

  • Primary & Secondary Schools:
    • Oakleigh South Primary School – A top-rated public primary school.
    • Amsleigh Park Primary School – A well-regarded local government school.
    • South Oakleigh Secondary College – A solid public secondary option.
    • Sacred Heart Girls' College – A prestigious Catholic girls' school nearby.
  • Higher Education & Research:
    • Monash University (Clayton Campus) – One of Australia’s leading universities, only minutes away.
    • Holmesglen TAFE (Chadstone Campus) – Providing vocational training and courses.
  • Employment Hub:
    • Close to Monash University, Monash Medical Centre, Chadstone Shopping Centre, and the Monash Business Precinct, offering thousands of jobs.

Transport & Accessibility

Oakleigh East is well-connected with multiple transport options for commuters:

  • Train Stations:
    • Huntingdale Station (Pakenham/Cranbourne line) – Just minutes away, offering a direct train to Melbourne’s CBD.
    • Oakleigh Station – Another major train hub with express city services.
  • Buses: Regular bus services to Monash University, Chadstone, Clayton, Box Hill, and surrounding suburbs.
  • Major Roads & Freeways:
    • Monash Freeway (M1) – Quick access to the CBD, south-eastern suburbs, and the Mornington Peninsula.
    • Princes Highway – A key arterial road connecting to Springvale, Dandenong, and beyond.

Real Estate & Investment Potential

Oakleigh East is a high-demand suburb due to its proximity to top schools, Monash University, and key employment hubs:

  • House Prices: The area features a mix of classic post-war homes, renovated properties, and modern developments, with strong capital growth.
  • Townhouses & Apartments: New developments cater to downsizers, young professionals, and investors.
  • Rental Market: Popular among Monash University students, medical professionals, and young families, ensuring low vacancy rates and strong rental yields.
  • Investment Growth: With ongoing infrastructure upgrades and its strategic location, Oakleigh East remains a solid investment choice.

Nearby Suburbs

Why Choose Oakleigh East?

With its proximity to Monash University, excellent schools, major shopping centres, and public transport, Oakleigh East is a well-rounded suburb offering great lifestyle and investment potential. Whether you're a family looking for a quiet yet connected suburb, a student needing easy university access, or an investor seeking high rental demand, Oakleigh East ticks all the boxes.

Disclaimer: The information provided in this suburb profile is intended as a general guide only. While every effort has been made to ensure accuracy, the content may not reflect the most current data or developments. Readers should verify any information independently before making any decisions based on the details presented. The suburb profile is subject to change and should not be relied upon as a sole source of information.

Education

Amsleigh Park Primary School
Christ Our Holy Redeemer School
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Sales Comparison

Find out how Oakleigh East median sales prices compare to neighbouring suburbs.

Oakleigh East MARKET INSIGHTS

YearProperties SoldMedian Sale Price
(All Residential)
Sales Growth YoYProperties LeasedMedian Rental Price
(All Residential)
Rental Yield
2025131$1,051,1253.08%228$653pw3.46%
2024117$1,045,250-1.68%226$645pw3.58%
202394$1,064,5003.25%223$617pw3.30%
2022115$1,025,500-0.99%275$525pw2.91%
2021135$1,012,00017.16%372$470pw2.51%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
2025131$1,051,125+3.08%
2024117$1,045,250-1.68%
202394$1,064,500+3.25%
2022115$1,025,500-0.99%
2021135$1,012,000+17.16%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
2025228$653pw3.46%
2024226$645pw3.58%
2023223$617pw3.30%
2022275$525pw2.91%
2021372$470pw2.51%

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*The State of Victoria owns the copyright in the property sales data and reproduction of that data in any way without the consent of the State of Victoria will constitute a breach of the Copyright Act 1968 (Cth).The State of Victoria does not warrant the accuracy or completeness of the licensed material and any person using or relying upon such information does so on the basis that the State of Victoria accepts no responsibility or liability whatsoever for any errors, faults, defects or omissions in the information supplied.

This information is supplied by Barry Plant Group Pty Ltd (ABN 96 088 069 952) on behalf of PropTrack Pty Ltd (ABN 43 127 386 298).

The 12 month data in this report is from 31 October 2024 to 31 October 2025, last updated 31 October 2025.