Oak Park's two-bedroom houses are setting the pace this month, clearing at 80 per cent in just 25 days at $672,250, one of the fastest results in the wider area. Three-bedroom homes are trading at $936,500 with a more measured 53 per cent clearance rate, and four-bedroom family homes above $1.26 million are performing similarly at 56 per cent.
Apartments are a genuine option too, with two-bedroom units at $632,500 and three-bedroom units reaching $860,500. With just over seven in ten homes owner-occupied, this remains a settled, family-oriented pocket of the inner north.
Buyers want homes that are genuinely move-in ready, and an influx of young families is adding real depth to demand here. The fastest results are going to well-presented entry-level homes, exactly where affordability and presentation are meeting first-home-buyer interest.
Median sale price for houses in Oak Park is $956,000, up 3.0% from last year.
Median sale price for units in Oak Park is $656,000, up 5.8% from last year.
Properties sold for houses in Oak Park is 159, up 22.3% from last year.
Properties sold for units in Oak Park is 37, down 21.3% from last year.
Auction clearance for houses in Oak Park is 65.1%, up 8.4% from last year.
Auction clearance for units in Oak Park is 88.9%, up 13.1% from last year.
Av days on market for houses in Oak Park is 36, down 16.3% from last year.
Av days on market for units in Oak Park is 40, down 2.4% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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