Oak Park (VIC 3046): property prices & suburb profile
Merri-bek LGA · Latest published data October 2025 · Page updated August 2026 · Public government records
Oak Park property prices
The typical Oak Park house sold for around $1,166,000 in the year to 2025-Q4, +79.3% over 10 years and +33.6% over 5 years.
Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back
View as table
| Period | Houses (yearly + recent quarters) | Units (yearly + recent quarters) |
|---|---|---|
| 2013 | $576,500 | $470,000 |
| 2014 | $626,000 | $470,000 |
| 2015 | $660,000 | $515,000 |
| 2016 | $822,500 | $525,000 |
| 2017 | $853,500 | $578,000 |
| 2018 | $878,500 | $630,000 |
| 2019 | $840,000 | $658,000 |
| 2020 | $911,500 | $639,500 |
| 2021 | $1,150,000 | $635,000 |
| 2022 | $1,140,000 | $623,000 |
| 2023 | $1,085,000 | $611,000 |
| 2024 | $1,122,500 | $650,000 |
| Apr 2024 | $1,230,000 | $735,000 |
| July 2024 | $1,007,500 | $687,500 |
| Oct 2024 | $1,102,500 | $644,300 |
| 2025 | $1,153,500 | $633,000 |
| Apr 2025 | $1,170,000 | $630,000 |
| July 2025 | $1,225,000 | $690,000 |
| Oct 2025 | $1,120,000 | $749,500 |
- Medians are published by the Victorian Valuer-General per suburb; we do not have individual sale records for this state, so there is no street-level breakdown on this page (our New South Wales pages have one).
- The headline figure is a sales-weighted average of the last four quarterly medians, not a median of individual sales, because one quiet quarter in a single suburb can move a quarterly median by more than the market did. The chart below plots each quarter as published.
- The Victorian Valuer-General yearly file currently ends at 2024; newer points on the chart and the short-horizon changes come from the quarterly file.
- Change over time reflects what sold in each period, not the value of any one home: a run of large or small homes moves it.
- Periods with fewer than 5 recorded sales are excluded.
Oak Park medians by quarter
The most recent quarter on record for Oak Park is 2025-Q4.
| 2025-Q4 | Unit | $750k | 28 |
| 2025-Q4 | House | $1.12M | 21 |
| 2025-Q3 | Unit | $690k | 25 |
| 2025-Q3 | House | $1.23M | 18 |
| 2025-Q2 | Unit | $630k | 25 |
| 2025-Q2 | House | $1.17M | 17 |
| 2025-Q1 | Unit | $633k | 29 |
| 2025-Q1 | House | $1.15M | 12 |
| 2024-Q4 | Unit | $644k | 26 |
| 2024-Q4 | House | $1.10M | 10 |
| 2024-Q3 | Unit | $688k | 31 |
| 2024-Q3 | House | $1.01M | — |
- Sale counts are shown so you can judge how solid each median is.
Who lives in Oak Park
Oak Park has a median age of 36 and a median household income of $2,201 a week.
- Figures labelled Oak Park are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Oak Park" and postcode 3046 both extend beyond Oak Park.
- SEIFA decile 1 is the lowest tenth of Australian areas on that index and 10 the highest. The four indices measure different things and often disagree, which is why all four are shown: a suburb can rank high on education and occupation while ranking mid on economic resources.
Schools in Oak Park
The 2 schools in Oak Park sit at the 82nd percentile nationally on ACARA's socio-educational index.
| Oak Park Primary School | Government | Primary | 1,095 |
| St Francis de Sales School | Catholic | Primary | 1,085 |
- ICSEA is ACARA's socio-educational index (average 1000). It describes the family backgrounds of the students enrolled, NOT how well a school teaches: a lower ICSEA means a less advantaged intake, not a worse school.
- Percentiles are ACARA's own national ranking, so the Australia bar is a published figure rather than our arithmetic. Each area shows the median of the mainstream schools sitting inside it; special schools are listed in the table but excluded from the medians.
- Public school intake zones are not published in our dataset for this state, so confirm catchments with the school.
Suburbs near Oak Park
Oak Park's typical house price of $1,166,000 is the 16th highest of the 51 Melbourne North suburbs we cover.
Alphington 3078
$2,143,000 typical house price
Beveridge 3753
$648,000 typical house price
Broadmeadows 3047
$637,000 typical house price
Brunswick 3056
$1,314,000 typical house price
Brunswick East 3057
$1,459,000 typical house price
Brunswick West 3055
$1,317,000 typical house price
Bundoora 3083
$904,000 typical house price
Coburg 3058
$1,242,000 typical house price
Oak Park: common questions
- How much does a house cost in Oak Park?
- About $1,166,000 across the 12 months to 2025-Q4, from 68 recorded sales. That is a sales-weighted average of the four quarterly medians published by the Victorian Valuer-General: a single quarter in one suburb can swing on a handful of sales.
- Have Oak Park prices gone up?
- Prices have risen 79.3% over 10 years and moved +33.6% over 5 years, comparing the latest rolling year with the same window a decade earlier. These movements reflect the mix of homes sold, not the change in value of a specific property.
- What do units cost in Oak Park?
- The typical unit price was around $676,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 107 sales.
- Can I see Oak Park prices street by street?
- Not yet. VIC publishes suburb-level medians rather than individual sale records, so street-level medians are only available on our New South Wales pages.
- Which schools are in Oak Park?
- Oak Park has 2 ACARA-registered schools: Oak Park Primary School, St Francis de Sales School.
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Data sources
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This page summarises public government datasets for general information. It is not financial, legal or property advice, figures can contain source errors, and postcode or SA2 statistics cover a wider area than the suburb itself. Flood and bushfire overlays are not yet loaded for VIC pages, so the absence of a risk section is a data gap, not an all-clear: always check the vendor statement and planning certificate. Verify anything material independently before acting on it.