Oakleigh South has had a very poor year for property investment returns compared to the rest of VIC, giving investors a capital gain of -11.33% to date .
A 34.36% growth in median value for property investors in Oakleigh South,3167 puts this suburb at number 405th in terms of best performing suburbs in VIC
Property buyers and investors in Oakleigh South 3167 should be seeing an average reduction in asking price of around -7.94% . This means that Oakleigh South is holding prices well when compared to other suburbs in VIC.
On average over the past year, suburb has had 6.92 sales per month, which equates to 83 per year.
Oakleigh South is 478th on a list of best yielding suburbs for rents in VIC with a 2.93% return
With a capital gain of -10.88% for the last 12 months, Oakleigh South, 3167 has performed for property investments than its average annual 7.82% property growth over the last 5 years.
The five-year average increase in median property values for Oakleigh South,3167 has given property investors a potential capital gain of 20.29% across each of those five years.
Renters in Suburb are facing rents around $23400 per annum or $450 every week.
Information supplied by:
Dean & Kylie Sirianni
Property investors who have had real estate in Oakleigh South, 3167 should be unhappy with this VIC suburb’s performance compared to the rest of the country. Over the last year it has seen median house prices decrease in value by -6.63%.
Taking the average capital gain, or increase in median house value, Oakleigh South,3167 has racked up an average of -6.63% over the period. This ranks it number 2778th in the whole country for real estate investors looking at median house price increases.
Oakleigh South3167 is located in VIC which offers an average discount of -8.61% to property investors. Oakleigh South itself is showing figures that indicate -6.63% is the average achievable by property buyers investing in the suburb.
On average over the past year, suburb has had 6.08 sales per month, which equates to 73 per year.
Oakleigh South, 3167’s gross rental yield is 3.73%
Selling points: Close to the country's best golf courses
Most sought-after properties: 1950s Renovated Homes
Most common properties: 1950s BV or WB homes.
Top amenities: Golf courses
Local industry and business: Golf
Best streets: Selworthy St., Beryll Ave.
Public Transport: Bus & Trains
Main arteries: North Road, Warrigal Road, Centre Road.