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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)+4.7%

Median unit price

(all agencies, last 12 months)$900k*

Unit price change

(all agencies, last 12 months)-2.23%

(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 50%
  • Sold by Private Sale or Other Method 50%
  • (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)29

Auction clearance rate in Oakleigh East

(all agencies, last 12 months)50%

Average held period in Oakleigh East

(proptrack)13 years

OAKLEIGH EAST INVESTOR STATISTICS

Median rental price for Houses

(all agencies, last 12 months)$683pw

House rental price change

(all agencies, last 12 months)0.03%

Median rental price for Units

(all agencies, last 12 months)$655pw

Unit rental price change

(all agencies, last 12 months)0.04%

Average rental yield for Houses

(all agencies, last 12 months)2.88%

Average rental yield for Units

(all agencies, last 12 months)4.04%

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 32%
  • Units 34%
  • Other 34%

OCCUPANCY IN OAKLEIGH EAST

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

CURIOUS TO KNOW WHAT YOUR PROPERTY IS WORTH TODAY?

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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.

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

Huntingdale Golf Club is one of Melbourne’s premier golf courses, offering a world-class experience. Brickmakers Park offers a scenic park with walking trails, picnic spots, and a playground, perfect for families. Scotchmans Creek Trail is 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.

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

Well-connected with multiple transport options for commuters including Train Station at Huntingdale Station (Pakenham/Cranbourne line) – just minutes away, offering a direct train to Melbourne’s CBD. Another major train hub with express city services. Regular bus services to Monash University, Chadstone, Clayton, Box Hill, and surrounding suburbs. Monash Freeway (M1) – Quick access to the CBD, south-eastern suburbs, and the Mornington Peninsula. A key arterial road connecting to Springvale, Dandenong, and beyond.

Oakleigh East is a high-demand suburb due to its proximity to top schools, Monash University, and key employment hubs. The area features a mix of classic post-war homes, renovated properties, and modern developments, with strong capital growth. New developments cater to downsizers, young professionals, and investors.

The rental market is popular among Monash University students, medical professionals, and young families, ensuring low vacancy rates and strong rental yields. With ongoing infrastructure upgrades and its strategic location, Oakleigh East remains a solid investment choice.

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
20260-no change0$0pw%
2025134$1,062,5004.70%221$669pw3.46%
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%
YearSoldMedian Sale Price
(All Residential)
Sales Growth YoY
20260-no change
2025134$1,062,500+4.70%
2024117$1,045,250-1.68%
202394$1,064,500+3.25%
2022115$1,025,500-0.99%

YearLeasedMedian Rental Price
(All Residential)
Rental Yield
20260$0pw%
2025221$669pw3.46%
2024226$645pw3.58%
2023223$617pw3.30%
2022275$525pw2.91%

BROWSE MORE SUBURBS

Huntingdale

Oakleigh

Chadstone

NEWS & INSIGHTS

Icing on the Cupcake

Is Your Property Storm-Ready? A Guide to Roof Care

Smart, Simple, Local: See Every Suburb in a New Light with Barry Plant

*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 December 2024 to 31 December 2025, last updated 31 December 2025.