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Oakleigh South

The Oakleigh South property market has eased slightly over the past 12 months to November 2018.

There have been 156 properties listed over the past 12 months, while 102 have sold. This compares to 156 listings for the same time last year, and 154 sales.

The current median sales price of a house in Oakleigh South is $941,999. This represents a decline of -7.7% over the past 12 months.

The time it takes to sell a house in Oakleigh South is currently 31 days. This timing is 3 days higher than a typical 4 week auction campaign.

For apartments, the median sales price is $742,375. Apartment prices have flattened by 0.3% over the past 12 months. The time it takes to sell a unit in Oakleigh South is currently 63 days.

MICRO-SUBURBS
Median (# Sales)
HousesUnits
1$875,888
(35)
$736,252
(47)
2$949,750
(24)
$785,000
(7)

Median Sales

House
Unit
$1,021,000

Nov 2017
(12 months)

$941,999

Nov 2018
(12 months)

$740,000

Nov 2017
(12 months)

$742,375

Nov 2018
(12 months)

 HouseMedian Sales Price Change inHouseMedian Sales Price

Number of Sales

117
Nov 2017
(12 months)
76
Nov 2018
(12 months)

-35%

MOVEMENT


37
Nov 2017
(12 months)
26
Nov 2018
(12 months)

-29.7%

MOVEMENT

Number of Listings

 House Listings Unit Listings
109
57
39
Days on Market

Rentals

Rental Yield

2.6%

Median Asking Rent

$480
per week

Percentage Rented

HOUSES & UNITS
22%

Rental Yield

3.2%

Median Asking Rent

$455
per week

Population

Population
9,245

Family Composition

CHILDLESS COUPLE

33.2%

COUPLES WITH CHILDREN

50.7%

SINGLE PARENTS

13.9%

OTHER

2.4%

Tenure Type

RENTING

22%

OWNS OUTRIGHT

40.9%

PURCHASING

34%

OTHER

0%

Definitions and Disclaimers

Sales metrics are for the period 1 Dec 17 - Nov 18 unless otherwise stated. For listings, 1 Feb 18 - Jan 19.

The CoreLogic Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While CoreLogic uses commercially reasonable efforts to ensure the CoreLogic Data is current, CoreLogic does not warrant the accuracy, currency or completeness of the CoreLogic Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the CoreLogic Data.

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 Property Sales Data 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.