Oak Park is an average performer in VIC when comparing median price capital growth over the last year. Oak Park gave property investors a good capital gain figure when compared to the rest of the state, with 4.30%.
When looking at the potential capital gains offered to property investors over the last 3 years, Oak Park comes in at number 392th in VIC.
Oak Park3046 is located in VIC which offers an average discount of -6.51% to property investors. Oak Park itself is showing figures that indicate -9.08% is the average achievable by property buyers investing in the suburb.
Oak Park has had a pretty average year for property investment returns compared to the rest of VIC, giving investors a capital gain of 4.94% to date .
Data for the last quarter indicates that, in the short term at least, the capital value growth rate for property investors in Oak Park has increased when compared to the 5 year average annual rate.
Property buyers and investors in Oak Park 3046 should be seeing an average reduction in asking price of around -3.75% . This means that Oak Park is holding prices well when compared to other suburbs in VIC.
Residents and property investors in Oak Park have been waiting around 69 days to sell a property.
With the median price for a house in Oak Park being $661000 and the advertised rent reaching $410 the gross rental yield for property investors calculates out to be 3.23%