Oakleigh (VIC 3166): property prices & suburb profile

Monash LGA · Latest published data October 2025 · Page updated August 2026 · Public government records

Oakleigh · VIC 3166 · typical house price · 12 months to 2025-Q4
$1,354,000+63.6%
vs 10 years ago (rolling year)
Sales-weighted average of the 4 quarterly medians to 2025-Q4 (71 sales) published by the Victorian Valuer-General. A single quarter in one suburb can turn on a handful of sales, so this page reports a rolling year.
Typical house price
$1,354,000
71 sales over 4 quarters
Typical unit price
$578,000
12 months to 2025-Q4, 116 sales
Sales in the last year
187
houses + units
SEIFA advantage decile
9 of 10
Oakleigh
Schools in the suburb
3
ACARA registered

Oakleigh property prices

The typical Oakleigh house sold for around $1,354,000 in the year to 2025-Q4, +63.6% over 10 years and +19.1% over 5 years.

Property type
1Y
3Y
5Y
10Y
Houses
-1.7%
-5.5%
+19.1%
+63.6%
Units
-3.7%
-7.2%
-9.0%
+23.9%

Change in medians published by the Victorian Valuer-General · rolling year to 2025-Q4 for recent horizons, yearly medians to 2024 further back

Houses (yearly + recent quarters)
Units (yearly + recent quarters)
494k747k999k1.25M1.50M20162018202020222024quarterly from here
View as table
PeriodHouses (yearly + recent quarters)Units (yearly + recent quarters)
2013$753,500$423,000
2014$801,500$460,000
2015$1,002,000$487,000
2016$1,050,000$545,000
2017$1,210,000$550,000
2018$1,250,000$604,000
2019$1,101,000$626,500
2020$1,255,000$600,000
2021$1,388,000$614,000
2022$1,421,000$607,500
2023$1,336,500$590,000
2024$1,311,000$570,000
Apr 2024$1,340,500$557,500
July 2024$1,250,000$604,000
Oct 2024$1,312,500$595,000
2025$1,260,000$520,500
Apr 2025$1,360,500$560,000
July 2025$1,362,500$623,500
Oct 2025$1,432,500$593,300
  • 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.

Oakleigh medians by quarter

The most recent quarter on record for Oakleigh is 2025-Q4.

Oakleigh medians by quarter
2025-Q4Unit$593k30
2025-Q4House$1.43M20
2025-Q3Unit$624k35
2025-Q3House$1.36M13
2025-Q2Unit$560k23
2025-Q2House$1.36M19
2025-Q1Unit$521k28
2025-Q1House$1.26M19
2024-Q4Unit$595k30
2024-Q4House$1.31M23
2024-Q3Unit$604k31
2024-Q3House$1.25M
  • Sale counts are shown so you can judge how solid each median is.

Who lives in Oakleigh

Oakleigh has a median age of 38 and a median household income of $1,926 a week.

Population (Oakleigh)
8,442
Median age (Oakleigh)
38 years
Median household income (Oakleigh)
$1,926/wk
People per square kilometre
2,428
Average taxable income (postcode, 2023)
$78,464
SEIFA advantage decile (Oakleigh)
9 of 10
Addresses in the suburb (G-NAF)
6,367
Rooftop solar installs, 12 months (postcode)
179
How Oakleigh homes are held
Owned outright
31.4% · 1,023
Owned with a mortgage
31.3% · 1,019
Rented
34.5% · 1,125
Oakleigh homes by bedroom count
1 bedroom or studio
8.5% · 275
2 bedrooms
30.3% · 979
3 bedrooms
37.1% · 1,197
4 bedrooms
19.4% · 627
5 or more
4.6% · 149
ABS SEIFA 2021 deciles · 10 of 10 = most advantaged nationally
Advantage and disadvantage (IRSAD)from income, education, occupation and housing
9 of 10
Relative disadvantage (IRSD)from low income, low education and unskilled occupations
7 of 10
Economic resources (IER)from household income, wealth and housing costs
4 of 10
Education and occupation (IEO)from qualifications and skilled work
10 of 10
  • Figures labelled Oakleigh are for the suburb boundary itself (ABS 2021 Census). Anything labelled SA2 or postcode covers a wider area: SA2 "Oakleigh - Huntingdale" and postcode 3166 both extend beyond Oakleigh.
  • 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 Oakleigh

The 3 schools in Oakleigh sit at the 89th percentile nationally on ACARA's socio-educational index.

Schools located in Oakleigh
Oakleigh GrammarIndependentCombined1,078
Oakleigh Primary SchoolGovernmentPrimary1,120
Sacred Heart SchoolCatholicPrimary1,140
Median school percentile nationally · ICSEA score
Oakleigh · 3 schools
89th · 1120
Melbourne East
83rd · 1096
VIC
60th · 1030
Australia
51st · 1008
  • 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 Oakleigh

Oakleigh's typical house price of $1,354,000 is the 32nd highest of the 62 Melbourne East suburbs we cover.

All Melbourne East suburb research

Oakleigh: common questions

How much does a house cost in Oakleigh?
About $1,354,000 across the 12 months to 2025-Q4, from 71 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 Oakleigh prices gone up?
Prices have risen 63.6% over 10 years and moved +19.1% 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 Oakleigh?
The typical unit price was around $578,000 across the 12 months to 2025-Q4: a sales-weighted average of the quarterly unit medians, from 116 sales.
Can I see Oakleigh 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 Oakleigh?
Oakleigh has 3 ACARA-registered schools: Oakleigh Grammar, Oakleigh Primary School, Sacred Heart School.
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Data sources

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.