Oak Park, VIC 3046
City of MorelandAll suburbs in postcode 3046
Updated
Median house price
$1,170,000
Median · Land Victoria · the latest published quarter (updated May 2026)
Selling in Oak Park?
Get the free selling guide, personalised to Oak Park, or ask for a free appraisal from a local agent.
Oak Park at a glance
- Median unit
- $630,000
- Weekly rent
- $551
- Houses · units $490
- Population
- 6,714
- Median age 36
Prices: Median · Land Victoria · the latest published quarter (updated May 2026) · Rent: Victorian rental report, September 2025 · Population: 2021 Census
House prices in Oak Park
Houses change hands at $1,170,000 on a typical sale, above the Victoria median. Units come in around $630,000, roughly 46% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $234,000. Prices sit above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Rental data as of September 2025· Victorian rental report
Free appraisal in Oak Park
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What to know about Oak Park
Oak Park (3046) sits in the Moreland region of Victoria. The median house here is $1,170,000, above the Victoria median of around $850K.
Oak Park has roughly 6,714 residents, with a typical family-age mix. Households are mostly owner-occupied. Daily life is car-friendly: most residents drive to work, school and the shops.
What it’s like to live here
Oak Park scores 32/100 on walkability, which makes it car-friendly with limited public transport. Plan for two cars in a typical household, especially if work isn't local.
Summer days here average around 27°C (warm), winter mornings around 6°C (cool). Annual rainfall lands at about 546 mm. Figures are our 1991 to 2020 averages of SILO data for this location (Queensland Government, built from Bureau of Meteorology observations).
Schooling within or near the suburb covers 10 government primary, 3 government secondary, 5 Catholic, 1 independent.
Schools in Oak Park
Schools serving Oak Park: government first, then Catholic and independent.
Government schools
© ACARA, licensed under CC BY 4.0.
Location
Walkability
- Walk
- 32/100
- Transit
- 20/100
- Bike
- 100/100
Car dependent. Scores out of 100, calculated from OpenStreetMap data (ODbL).
Walkability data as of May 2026· OpenStreetMap
Demographics
The 2021 Census put Oak Park's population at 6,714, with a median age of 36. That sits as a typical family-age mix. Households are mostly owner-occupied (67% own, 31% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (71% family households, 24% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
- Family households
- 71%
- Lone person
- 24%
- Owner occupied
- 67%
- Renter occupied
- 31%
Demographics data as of May 2026· ABS 2021 Census
Investment overview
Gross rental yield on houses sits at 2.45% (median rent $551/wk against a $1,170,000 price tag). Units yield 4.04% gross, often the better cash-flow play for first-time investors. With 31% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
- Gross yield, housesSource: Land Victoria / DTP · May 2026
- 2.45%
- On the $1,170,000 median
- Gross yield, unitsSource: Land Victoria / DTP · May 2026
- 4.04%
- On the $630,000 median
Gross rental yield is a year’s rent divided by the purchase price, before expenses. It leaves out vacancy, management fees, maintenance and financing costs, so treat it as a starting point.
Crime and safety
243 offences recorded in 2026
Top offence categories
Source: State Police Open Data
Crime data as of December 2026
Weather year-round
- Annual rainfall
- 546 mm
- Hottest month, avg max
- 27.0°C
- Coldest month, avg min
- 5.9°C
Rainfall by month
Our 1991 to 2020 averages of SILO data (Queensland Government, built from Bureau of Meteorology observations, CC BY 4.0) for this location.
Climate data as of October 2026· SILO (Queensland Government), from Bureau of Meteorology observations
Questions about Oak Park
- What is the median house price in Oak Park?
- The median house price in Oak Park, VIC 3046 is $1,170,000 (Land Victoria's quarterly suburb median, the latest published quarter (updated May 2026)). The median unit price is $630,000.
- How much is my house worth in Oak Park?
- A useful starting point is the Oak Park median house price of $1,170,000 (units $630,000). Your home will sit above or below that depending on land size, condition, position and what comparable homes nearby have sold for recently. For a figure specific to your property, request a free property appraisal from a local agent using the form on this page.
- Is Oak Park a good investment?
- On the published figures, the gross rental yield on houses in Oak Park is 2.4%: the median weekly house rent is $551 (Victorian rental report, September 2025) against the median house price of $1,170,000 (Land Victoria, the latest published quarter, updated May 2026). No 12-month price change is published for Oak Park: the Land Victoria figures we hold do not measure one. Whether Oak Park is a good investment for you depends on the price you pay, your loan and holding costs, vacancy and your tax position. These are published market figures, not financial advice.
- What is the Oak Park postcode?
- Oak Park is in the 3046 postcode, in VIC, in the City of Moreland region.
- Where is Oak Park?
- Oak Park is a suburb in the City of Moreland area, VIC 3046.
- What is the average rent in Oak Park?
- The median weekly rent for houses is $551, for units it's $490.
- What schools are in Oak Park?
- There are 20 schools serving Oak Park on this page, including St Francis de Sales School, Oak Park Primary School, Strathmore North Primary School.
- How walkable is Oak Park?
- Oak Park has a Walk Score of 32 out of 100, car-dependent for most errands. transit score 20, bike score 100.
- What suburbs are near Oak Park?
- Oak Park is close to Glenroy, Strathmore, Strathmore Heights, Essendon Fields, Cross Keys.
- What is the population of Oak Park?
- The population of Oak Park is approximately 6,714 (2021 Census). The median age is 36.
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Sources. House and unit medians from the NSW Valuer General, Land Victoria, the SA Government and the ABS; rents from the state rental bond authorities. Census from the ABS (2021), climate from the Bureau of Meteorology, hazard from Geoscience Australia, schools from ACARA and crime from state police open data. Each figure carries its source and date. How we source data
How we’re paid. The guides and this page are free. When a seller asks, we introduce one local agent, and the agent pays us a flat fee for the introduction, never a share of their commission; it costs the seller nothing. If a figure looks wrong, tell us and we’ll fix it.