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.

Oakleigh South Real Estate Market Outlook

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.

Houses for sale Oakleigh South

	unit 2, 344 warrigal rd, oakleigh south, vic, 3167	4	3	2	VENDOR ASKING PRICE: $1,050,000
	unit 104, 1215 centre rd, oakleigh south, vic, 3167	2	1	1	420000
	unit 202, 214 warrigal rd, oakleigh south, vic, 3167	2	2	1	500000
	15 mimosa av, oakleigh south, vic, 3167	6	2	2	$1,000,000 - $1,100,000

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General Points of Interest

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