Woodards market snapshot
Oct 2026
Oakleigh

Oakleigh Property Market Report

Median House Price

$1,300,000

Median Unit price

$540,000

Av days on market

47.5 days

AV Rental per week

$675
Oakleigh

Confidence Is Cautiously Building

Oakleigh's median house price is up 3.6 per cent this year to $1,300,000, with clearance improving to 65.8 per cent, a modest but genuine sign of confidence building across this anchor suburb. Buyers remain selective, and days on market for houses have lengthened, so presentation and realistic pricing matter more than ever right now.

The apartment market is a little more measured too, with unit sales down 16.4 per cent, though clearance has held steady at 75.0 per cent. Buyers here are excited by value and opportunity, particularly homes that offer genuine lifestyle appeal or the potential to add value over time.

With upsizers the dominant buyer type and the $700,000 to $1.2 million band the most active, the mood across Oakleigh is cautiously optimistic. Both buyers and sellers are taking a more considered approach than in past cycles, and a well-prepared property priced to current conditions can still attract strong, genuine competition.

Oakleigh Demographics

Median age

20-39

Population

8,442

Median rent

$750

Household income

$1,750 - $1,999

Dwelling structure
House
61.84%
Flat or Apartment
25.67%
Semi-detached or Terrace
12.27%
Other
0.21%
Home ownership
Rented
34.53%
Owned Outright
31.40%
Owner Mortgage
31.28%
Other
2.79%
Method of travel to work
Car
42.81%
Train
3.36%
Walk
1.97%
Bus
1.19%
Industry of employment
Professionals
31.73%
Managers
14.45%
Clerical and Administrative Workers
13.10%
Technicians and Trade Workers
11.08%

Market Performance

Median sale price
Properties sold
Auction clearance
Av days on market

Median sale price in Oakleigh

Median sale price for houses in Oakleigh is $1,300,000, up 3.1% from last year.

Median sale price for units in Oakleigh is $540,000, down 3.6% from last year.

Properties sold in Oakleigh

Properties sold for houses in Oakleigh is 88, up 3.5% from last year.

Properties sold for units in Oakleigh is 89, down 16.8% from last year.

Auction clearance in Oakleigh

Auction clearance for houses in Oakleigh is 65.8%, up 0.6% from last year.

Auction clearance for units in Oakleigh is 71.0%, down 0.6% from last year.

Av days on market in Oakleigh

Av days on market for houses in Oakleigh is 54, up 20.0% from last year.

Av days on market for units in Oakleigh is 41, down 42.3% from last year.

Sales data supplied by Domain

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