The Oakleigh South median house price is $1.25 million for the April to June 2025 quarter, reflecting a year-on-year increase of 6.4%, according to DataVic/REIV data sourced via CRM Brain. Units recorded a median of $815,000 over the same period, up 7.2% year-on-year. Whether you are buying, selling, or investing in Oakleigh South, these figures paint a clear and encouraging picture of a suburb with steady long-term capital growth.

What Is the Current Median House Price in Oakleigh South?

According to DataVic/REIV figures (via CRM Brain), the median sale prices for Oakleigh South in the April to June 2025 quarter are:

• Houses: $1,250,000 (QoQ change: -2.0%, YoY change: +6.4%)
• Units: $815,000 (QoQ change: -1.5%, YoY change: +7.2%)

The slight quarter-on-quarter softening of 2.0% for houses and 1.5% for units is consistent with broader seasonal patterns seen across Melbourne’s south-eastern suburbs in the cooler months. What matters more for buyers and sellers is the longer trend: a 6.4% annual rise in house values signals that Oakleigh South property continues to deliver meaningful capital appreciation.

For context, similar dynamics are playing out across comparable Melbourne suburbs. You can explore how these figures stack up by reading about the median house price in Northcote or the median house price in Brunswick.

How Does Oakleigh South Compare to Surrounding Suburbs?

Oakleigh South sits within the City of Monash and benefits from proximity to Huntingdale, Clayton, and Oakleigh Central. Its median house price of $1.25 million places it firmly in Melbourne’s mid-to-upper tier for the south-eastern corridor. The suburb’s strong school catchments, access to Monash Freeway, and proximity to Monash University all underpin consistent buyer demand.

What Do the Numbers Say About the Oakleigh South Property Market?

Digging deeper into the data reveals a suburb with a well-established residential base and healthy fundamentals.

According to ABS Census 2021 data (via CRM Brain), Oakleigh South has a population of 9,851, a median age of 40.0 years, and a median household income of $1,915 per week. The median weekly rent is $418. These figures indicate an affluent, owner-occupier-dominated community with the financial capacity to support prices at the current level.

CRMBrain 2026 data further shows a current average household size of 2.5 people and median weekly personal income of $865, reinforcing the suburb’s appeal to families and dual-income households who prioritise lifestyle amenity alongside value.

On the demand side, CRM Brain’s current demand signals show active buyer interest for units and townhouses in the suburb. This is particularly relevant for investors and developers eyeing medium-density opportunities, as competition for this stock type remains present even in a period of modest quarterly price adjustment.

What Is the Rental Yield Profile for Oakleigh South?

With a median unit price of $815,000 and a median weekly rent of $418 (ABS Census 2021 via CRM Brain), the indicative gross rental yield for units sits at approximately 2.7%. While this is typical for Melbourne’s inner and middle-ring suburbs where capital growth drives total returns, investors should weigh this against the 7.2% annual price growth recorded for units, which meaningfully adds to total return on investment.

What Are the Key Considerations for Buying or Selling in Oakleigh South?

Whether you are buying in Oakleigh South for a family home, selling to capitalise on recent growth, or investing for long-term wealth building, several factors shape the current opportunity.

Buying in Oakleigh South

Buyers targeting Oakleigh South should be prepared for competitive auction conditions in the sub-$1.5 million range, particularly for well-presented family homes on standard block sizes. The suburb’s school zones (including proximity to Oakleigh South Primary School) consistently attract families, which sustains a resilient buyer pool even when broader sentiment softens.

• Set a realistic budget anchored to the $1.25M median for houses
• Consider units or townhouses as an entry point, with a current median of $815,000
• Move quickly on well-priced listings given the limited on-market stock (CRMBrain 2026 shows just 1 property currently listed)
• Engage a buyer’s agent or request early access to off-market opportunities via the Collings off-market property portal

Selling in Oakleigh South

With only 1 property currently on the market according to CRMBrain 2026, supply is extremely tight. This scarcity works strongly in favour of vendors, as buyers have very few alternatives within the suburb. Sellers who present their homes well and price strategically at auction should see strong competition and the potential to exceed reserve.

Annual house price growth of 6.4% means that a vendor who purchased three to five years ago is likely sitting on substantial equity gains. Timing your sale to coincide with spring auction season (August to November) typically maximises buyer competition and achievable prices.

Investing in Oakleigh South

For property investors, Oakleigh South offers a combination of reliable long-term capital growth and a stable tenant base anchored by Monash University students, healthcare workers from nearby Monash Medical Centre, and established families. The suburb’s proximity to the Huntingdale train station (Glen Waverley line) and the Monash Freeway also ensures strong rental demand from commuters.

According to GeoRisk 2026 data, Oakleigh South has minimal flood risk, an important factor when assessing long-term insurance costs and asset protection. Air quality at the nearest monitoring station (Brighton) records a PM2.5 reading of 14.54 µg/m³ (Fair), and there are 71 aged-care facilities within 5km, underlining the suburb’s appeal to a diverse residential population across multiple life stages.

It is also worth noting that Oakleigh South sits within a heritage overlay, which can add character and scarcity value to period homes but may require additional planning consideration for renovation or development projects.

For investors comparing opportunities across Melbourne, our analysis of the median house price in Reservoir offers a useful benchmark for yield-focused strategies in Melbourne’s north.

How Does Collings Real Estate Help Buyers, Sellers and Investors in Oakleigh South?

Collings Real Estate brings together decades of Melbourne property expertise with a genuinely data-driven approach. Our team understands that decisions anchored to real suburb statistics produce better outcomes than those based on gut feel alone. That is exactly why we publish verified, source-attributed data like the figures on this page.

Our Services for Oakleigh South

• Free property appraisals: Find out what your Oakleigh South home is worth in today’s market with a no-obligation appraisal from one of our experienced agents.
• Off-market access: Register on the Collings off-market portal to receive early notifications on properties before they hit the public market. With only 1 active listing in Oakleigh South right now, off-market access is more valuable than ever.
• Vendor advocacy and auction strategy: Our agents are skilled auctioneers and negotiators who know how to generate competitive tension and achieve strong outcomes in a low-supply environment.
• Investment property management: Our property management team handles everything from tenant sourcing to routine inspections, maximising your net rental income while protecting your asset.

To get started, contact the Collings Real Estate team directly:

• Phone: 03 9486 2000
• Email: info@collings.com.au
• Office: 230 Waterdale Road, Ivanhoe VIC 3079

Request a free property appraisal today and let our Oakleigh South specialists provide a personalised assessment of your property’s current market value.

Frequently Asked Questions About Median House Prices in Oakleigh South

What is the median house price in Oakleigh South in 2025?

The median house price in Oakleigh South is $1,250,000 for the April to June 2025 quarter, according to DataVic/REIV data via CRM Brain. This represents a year-on-year increase of 6.4%.

What is the median unit price in Oakleigh South?

The median unit price in Oakleigh South is $815,000 for the April to June 2025 quarter, reflecting a year-on-year rise of 7.2% (DataVic/REIV via CRM Brain).

Is Oakleigh South a good suburb to invest in?

Oakleigh South shows strong investment fundamentals: consistent year-on-year price growth of over 6% for houses and 7% for units, a stable tenant base supported by Monash University and Monash Medical Centre, minimal flood risk (GeoRisk 2026), and tight on-market supply. These factors combine to support both capital growth and rental demand.

How much has the Oakleigh South median house price grown?

Over the year to June 2025, the Oakleigh South median house price grew by 6.4%, rising from approximately $1.175 million to $1.25 million, based on DataVic/REIV figures (via CRM Brain).

What is the median household income in Oakleigh South?

According to ABS Census 2021 data (via CRM Brain), the median household income in Oakleigh South is $1,915 per week, well above Melbourne’s broader median, reflecting an affluent and financially stable residential community.

Oakleigh South remains one of Melbourne’s south-eastern suburbs to watch. A $1.25M median house price, consistent annual growth, ultra-low on-market supply, and a high-income resident base all point to an enduring market that rewards both patient buyers and well-prepared sellers. Whether your goal is buying, selling, or investing in Oakleigh South, Collings Real Estate has the local expertise and verified data to help you act with confidence.