Oakleigh South's house prices are up a strong 14.8 per cent this year to $1,246,000, the sharpest gain of any suburb in this update, with sales volume climbing 12.7 per cent and clearance holding at a healthy 75.9 per cent. That combination points to genuine, broad-based buyer confidence rather than a one-off result.
Units are performing well too, up 6.6 per cent to $764,500 and clearing at an excellent 89.3 per cent. Buyers here are getting excited about value and opportunity, and homes with genuine lifestyle appeal, close to schools and transport, are attracting the strongest interest.
With upsizers dominant and the $700,000 to $1.2 million band the most active, the mood remains cautiously optimistic. Both buyers and sellers are taking a considered approach, but a well-prepared, realistically priced home in Oakleigh South is clearly finding a genuinely engaged and active pool of buyers right now.
Median sale price for houses in Oakleigh South is $1,232,500, up 13.1% from last year.
Median sale price for units in Oakleigh South is $770,000, up 7.1% from last year.
Properties sold for houses in Oakleigh South is 113, down 3.4% from last year.
Properties sold for units in Oakleigh South is 39, down 23.5% from last year.
Auction clearance for houses in Oakleigh South is 71.2%, down 11.9% from last year.
Auction clearance for units in Oakleigh South is 85.2%, down 5.7% from last year.
Av days on market for houses in Oakleigh South is 39, down 7.1% from last year.
Av days on market for units in Oakleigh South is 49, up 11.4% from last year.
Wondering what homes are actually selling for locally? Browse recently sold properties in the area
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