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Clayton vs Oakleigh — South-East Melbourne Investment Showdown 2026

June 25, 2026

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.

Find off-market investment properties in Clayton and Oakleigh through the Collings Property Platform. Join free at collings.com.au/portal

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