With a capital gain of 17.07% for the last 12 months, Oak Park, 3046 has performed for property investments than its average annual 9.19% property growth over the last 5 years.
Across a shorter period, Oak Park, 3046 has seen a median price increase of 1.57% over the last quarter.
Our latest figures would indicate that property sellers in Oak Park are currently offering property investors an average price cut of -3.22% below the asking price at the moment.
Renters in Suburb are facing rents around $4560 per annum or $380 every week.
With a capital gain of 7.42% for the last 12 months, Oak Park, 3046 has performed for property investments than its average annual 6.40% property growth over the last 5 years.
Over the longer term, Oak Park has seen property prices show investors a 13.93% return over the last 3 years. This is worse than over the last 12 months
The most recent median price for Oak Park is $507000, with sellers offering an average of -3.16% off the asking price.
In the last year 55 properties changed hands in Oak Park, which puts it as the 167th most active market in VIC when comparing the number of sales per suburb.
Property investors should expect to get $350 weekly from the median priced house in this suburb.