With a capital gain of 1.79% for the last 12 months, Oakleigh South, 3167 has performed for property investments than its average annual 5.65% property growth over the last 5 years.
A 32.84% growth in median value for property investors in Oakleigh South,3167 puts this suburb at number 156th in terms of best performing suburbs in VIC
At number 1184 in a list of fastest selling suburbs, Oakleigh South is in the TOP 40% of suburbs in Australia with an average of days on market 66.037 for properties listed there.
Situated 16.82km from the CBD, Oakleigh South is one of Monash (C) localities in the postcode 3167.
Oakleigh South, 3167 ranked 211th in VIC when comparing growth in median property values or capital gain over the last 12 months. Oakleigh South is one of 2099 in our list for VIC
Comparing Oakleigh South,3167 ‘s 5year and quarterly average capital gain offered to property investors, it performed less well across the longer period
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.