Clayton and Oakleigh are adjacent south-east suburbs with strong university and community anchors. Clayton is home to Monash University’s Clayton campus; Oakleigh has a vibrant Greek community and strong retail strip along Eaton Mall.
Median Price Comparison
| Metric | Clayton | Oakleigh |
|---|---|---|
| Median House Price | $1,080,000 | $1,150,000 |
| Median Unit Price | $520,000 | $540,000 |
| House Yield | 2.8% | 2.6% |
| Unit Yield | 5.1% | 4.6% |
| 5-Year Growth | 29% | 31% |
| GeeVee Score | 8.2/10 | 7.9/10 |
Which Suburb Wins for Yield?
Clayton wins decisively on unit yield (5.1% vs 4.6%) driven by Monash University’s 80,000+ student population creating structural rental demand within walking distance of campus.
Frequently Asked Questions
Is Clayton cheaper than Oakleigh?
Yes. Clayton’s median house price is $1,080,000 versus $1,150,000 for Oakleigh — a $70,000 saving with stronger unit yields.
What drives Clayton’s rental demand?
Monash University’s Clayton campus with over 80,000 enrolled students creates year-round rental demand for units and townhouses within the 2-3km catchment radius.
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