All About Oakleigh South, Monash, VIC, 3167

Oakleigh South, located in the City of Monash, Victoria, is a suburb that exemplifies a balanced blend of suburban tranquility and urban convenience, which is reflected in its dynamic housing market. Over recent years, the housing market in Oakleigh South has experienced a moderate level of activity, marked by consistent demand and steadily increasing property values. This suburb offers a variety of housing options ranging from older, traditional family homes to modern townhouses and apartments, reflecting its appeal to diverse demographics, including young families, professionals, and retirees. The presence of reputable schools, parks, and recreational facilities coupled with efficient public transport links to Melbourne's CBD enhances its attractiveness. As a result, while property prices have seen a steady upward trajectory, they remain relatively affordable compared to some neighboring suburbs, making it a compelling choice for both buyers and investors looking for growth potential in Melbourne's southeastern corridor.

Living in Oakleigh South presents a lifestyle that marries convenience with comfort. The suburb enjoys a rich multicultural heritage, which is reflected in its variety of dining options, local shops, and community events, providing residents with a welcoming and culturally vibrant atmosphere. Families particularly appreciate the suburb's proximity to renowned educational institutions such as Oakleigh South Primary School and huntingdale Golf Club, which offer excellent schooling and recreational opportunities. The area's green spaces, like Huntingdale Wetlands and Davies Reserve, provide ample opportunities for outdoor activities and relaxation, catering to those who appreciate a healthy lifestyle. Commuters benefit from Oakleigh South’s proximity to major arterial roads and comprehensive public transport options, making it easy to access Melbourne’s CBD and other surrounding areas. Ultimately, Oakleigh South represents a harmonious combination of suburban calmness with the benefits of urban living, making it a desirable place to call home.

Oakleigh South Real Estate Market Outlook

Thinking about buying in Oakleigh South? Now could not be a better time, with 5824 residential properties there's certainly plenty to choose from. The average property price in this area is in the region of $1,380,000 with prices in this suburb ranging from $355,000 to $4,043,000. Oakleigh South is located fairly close to the coast at just 5Km so as well as great views of the ocean and access to beaches, demand and valuations are likely to be a bit higher here.

Consistent high demand relative to supply is a key feature in Oakleigh South driving regular price increases. Recent rapid price increases however may constrain future growth by limiting demand. High average incomes in Oakleigh South 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 Oakleigh South 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 Oakleigh South 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. Higher than average industry presence in the wider area offering local employment yet with not a large negative impact on local amenity, provides good demand and price growth.

Instant Property Valuation

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Public Transport

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General Points of Interest

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Nearby Suburbs

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