Thinking about buying in Oak Park? Now could not be a better time, with 3741 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,192,000 with prices in this suburb ranging from $266,000 to $10,698,000. Oak Park is located fairly close to the coast at just 9Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.
Household Makeup
| Median Weekly Rent | $407.11 |
| Median Monthly Mortgage | $2050.83 |
| Median Persons Per Bedroom | 0.86 |
| Average Household Size | 2.50 |
| Average Age | 35.94 |
| Average Income | $984.50 |
| Average Cars Per Dwelling | 1.67 |
| Average Properties Within 50M | 21 |
Housing Stock
Average Property Prices
| 1 Bed $751,000 |
| 2 Bed $785,000 |
| 3 Bed $1,279,000 |
| 4 Bed $1,589,000 |
| 5 Bed $1,920,000 |
| 6 Bed+$1,663,000 |
Oak Park Real Estate Market Outlook
Consistent high demand relative to supply is a key feature in Oak Park driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Oak Park ensure a focus on quality with a commensurate high entry price under constant demand. Competition for available quality housing is intense with multiple offers likely to be made in excess of asking prices. The high percentage of professional people in Oak Park classifies the area as "gentrified". This implies high demand for quality housing, generally of larger than average size. Price growth is ensured even where the state affordability index is negatively impacting other areas. High density population in Oak Park requires consistent turnover in housing ensuring constant demand. Housing styles may be a mix of low, medium, and high density, providing choice for well-financed buyers and value growth over time. High industry presence in the wider area is a double-edged sword. While local employment options are high, the presence of industrial buildings may negatively impact lifestyle perception. Demand from first home buyers and investors however ensures good price growth.
Houses for sale Oak Park
|
78 VINCENT ST, OAK PARK, VIC, 3046 |  2 |
 1 |
 1 |
Auction $1,200,000 - $1,300,000 |
|
|
246 WATERLOO RD, OAK PARK, VIC, 3046 | 4 |
2 |
4 |
Auction $790,000 - $860,000 |
|
|
UNIT 10, 148 WATERLOO RD, OAK PARK, VIC, 3046 | 3 |
1 |
2 |
Private Sale $510,000 |
|
|
UNIT 2, 18 GREVILLIA RD, OAK PARK, VIC, 3046 | 3 |
1 |
Under Offer | |
|
7 MURPHY ST, OAK PARK, VIC, 3046 | 3 |
2 |
1 |
800000 |
|
|
UNIT 1, 636 PASCOE VALE RD, OAK PARK, VIC, 3046 | 3 |
1 |
1 |
580000 |
|
|
12 MAGNOLIA ST, OAK PARK, VIC, 3046 | 4 |
3 |
2 |
1300000 |
|
UNIT 1, 4 ETHEL ST, OAK PARK, VIC, 3046 | 3 |
1 |
3 |
ESR $550,000 - $600,000 |
|
98A DEVEREAUX ST, OAK PARK, VIC, 3046 | 4 |
3 |
2 |
$1,050,000 - $1,120,000 |
Local Schools
Oak Park Primary School
St Francis de Sales School
Strathmore North Primary School
Pascoe Vale Girls Secondary College
Westbreen Primary School
Glenroy Central Primary School
Glenroy Secondary College
Glenroy West Primary School
Corpus Christi School
Strathmore Primary School
(While the above schools are located with the suburb of Oak Park there may also be nearby schools whose catchments cover this suburb)Local Crime Rate
Incidents Trend State Average
Oak Park weather - Average Local Climate by month
| (mm) RAIN | Min (°C) TEMP | Max (°C) TEMP | Min (%) HUMIDITY | Max (%) HUMIDITY | (m/sec) WIND | (MJ/sq m) SOLAR | |
|---|---|---|---|---|---|---|---|
| Jan | 1.3 | 15.0 | 27.7 | 39.0 | 86.3 | 5.3 | 24.8 |
| Feb | 1.3 | 15.1 | 26.9 | 42.3 | 89.0 | 4.9 | 20.6 |
| Mar | 1.2 | 13.7 | 24.8 | 43.5 | 88.7 | 4.6 | 16.0 |
| Apr | 1.6 | 10.9 | 21.1 | 48.2 | 91.3 | 4.3 | 11.7 |
| May | 1.4 | 8.6 | 17.1 | 56.6 | 92.2 | 4.7 | 8.5 |
| Jun | 1.4 | 6.5 | 14.4 | 64.1 | 94.3 | 4.3 | 7.4 |
| Jul | 1.2 | 6.5 | 14.0 | 61.6 | 92.9 | 5.2 | 7.7 |
| Aug | 1.4 | 6.7 | 14.9 | 54.8 | 92.0 | 5.4 | 10.2 |
| Sept | 1.7 | 8.1 | 17.9 | 47.7 | 90.7 | 5.4 | 14.4 |
| Oct | 1.6 | 9.5 | 20.7 | 44.5 | 90.7 | 5.3 | 19.0 |
| Nov | 2.3 | 11.5 | 23.1 | 43.9 | 90.3 | 5.1 | 21.4 |
| Dec | 1.8 | 13.2 | 25.6 | 41.0 | 88.3 | 5.1 | 24.8 |
source: Australian Government Bureau of Meteorology
Internet Speed
Download 25 Mbps / Upload 5 MbpsNearby Suburbs
Public Transport
Stop 59: Matthews Avenue - Less than 5 KM
Stop 56: Earl Street - Less than 5 KM
Stop 56: Earl Street - Less than 5 KM
Stop 57: Hawker Street - Less than 5 KM
Stop 57: Hawker Street - Less than 5 KM
Stop 58: Marshall Road - Less than 5 KM
Stop 58: Marshall Road - Less than 5 KM
Pascoe Vale - Less than 2 KM
Oak Park - Less than 1 KM
Jacana - Less than 5 KM
General Points of Interest
Hall's Taekwondo Centre - Less than 5 KM
Victoria University (Sunshine Campus) - Less than 10 KM
Central West Shopping Centre - Less than 10 KM
Action Indoor Sports Stadium - Less than 5 KM
Burke and Wills Memorial - Less than 10 KM
Parkville Youth Justice Precinct - Less than 10 KM
Homemaker Centre - Less than 5 KM
Flemington Grandstand - Less than 10 KM
Central West Shopping Centre - Less than 10 KM
Milleara Shopping Centre - Less than 10 KM
Residz covers 12m+ Australian properties and brings together a wealth of data to give you a better understanding of an area. From crime and schools to bush fire, flood risk and more. Begin your search for properties for sale or learn more about where you currently reside. Residz is an exciting next-generation Real Estate platform getting better by the day!