Real Estate Appraisal Oakleigh VIC 3166
How much is my home worth in Oakleigh?
The median price for a house in Oakleigh is $1,393,000 as of April 8, 2023. The median price for a unit is $595,000.
In the previous month, Oakleigh had 61 units up for sale and 45 houses available for rent. For homes, the median price for the past year ranges from $1,392,999 to $595,000 for apartments. If you're looking for an investment property, examine the Oakleigh homes that rent for $520 PW with a 2.1% annual rental return and the Oakleigh apartments that rent for $450 PW with a 4.4% annual rental yield.
The average annual growth on houses is 4.15%, and for units, it is - 0.20%. The 12-month capital growth is -3.1% on houses, and for units, it is -8.5%.
There have been 50 houses sold and 106 units sold in the last year.
It takes on average 49 days to sell a house and 61 days to sell a unit in Oakleigh.
House prices and rent returns in Oakleigh.
- 2 bedroom home N/A, Rent per week $475
- 3 bedroom home $1,305,000 Rent per week $565
- 4 bedroom home $1,525,000, Rent per week $615
Unit prices and rent returns in Oakleigh.
- 1 bedroom unit $355,000, Rent per week $390
- 2 bedroom unit $589,000, Rent per week $450
- 3 bedroom unit $887,750, Rent per week $580
In Oakleigh, the gross rental yield is 2.1% on houses and 4.4% on units.
Free Real Estate Appraisal Oakleigh
Selling your house in Oakleigh? Do you want to know the current market price of your house or unit? Our appraisers will deliver an accurate appraisal based on recent sales data together with the location of amenities, schools and shops. Our agents will provide this valuation free of charge.
Free Rental Appraisal Oakleigh
Do you have an investment property you wish to rent? Or, do you want to rent out your current home? Our property management team currently manages over 34,000 properties in Australia. Our focus is to maintain and care for your property so you can realise the maximum return on your investment. We use the latest software tools to organise our services and we provide full digital tax accounting files. We work closely with the landlord and report regularly on their property. We have a large database of potential tenants that we screen for security reasons.
Property Valuation Oakleigh
The majority of people believe a property appraisal and a property valuation are the same. In part, this is true. However, if you need a valuation for legal purposes, you need to engage the services of a licenced property valuer. A valuation from a certified property valuer will cost you money. Or, if you just want to know how much your home is worth, then any registered real estate agent can give you a good understanding of what price you could get for your property, both for sales and rent.
If you want to know the value of your Oakleigh home, request an appraisal today to speak to one of our experienced Property Consultants or Property Managers.
How do we appraise a property in Oakleigh?
- Recent property sales history in the Oakleigh district
- Location and the proximity to amenities
- Accessibility of schools and shops
- Comparison of market values
- Condition and size of the property
Want to know what your Oakleigh home is worth?
Recently Sold Properties in Oakleigh
Lifestyle in Oakleigh
Within the City of Monash local government area, Oakleigh is a suburb of Melbourne, Victoria, Australia, approximately 14 kilometres south-east of the city's CBD. 8,442 people were counted in Oakleigh at the 2021 census. Neighbouring suburbs include Hughesdale, Huntingdale and Chadstone.
Oakleigh is a vibrant multicultural suburb with a large Greek community that moved here in the 1960s. At one point in time, Oakleigh was the third largest Greek city on the planet. There are multiple cafes and businesses. The train station is right in the centre of Oakleigh and runs along the Dandenong Pakenham line. It is only a 30 minute trip into the Melbourne CBD.
Oakleigh also has many sporting grounds and facilities that cater to football, soccer, cricket, tennis and netball.
If you want to have a taste of Greece venture into Eton Mall. Here you will find a large cafe culture that is blocked off to cars. Or if you like shopping then Chadstone shopping centre is about 2 kilometres away.
Schools in Oakleigh
Some of the local schools in Oakleigh include:
Oakleigh Real Estate Agents - Contact Details
Office: Mordialloc
Phone: 03 9586 0500