Rental market inOak Park VIC 3046

The rental market

Median rent, history and gross-yield calculations for Oak Park, VIC 3046.

Current rent

What it costs to rent here right now.

House (median)

$551/wk

Unit (median)

$490/wk

3 bedroom

$551/wk

2 bedroom

$490/wk

1 bedroom

$385/wk

Rental data as of September 2025· rental-vic

Investor view

Rental yield versus purchase price.

Median house price

$1,170,000

Median weekly rent

$551/wk

Gross rental yield

2.45%

Gross yield = (weekly rent × 52) ÷ median house price × 100. Does not account for expenses, vacancy, or management fees. Use the rental yield calculator for a net-yield estimate.

History

How rents have moved.

PeriodHouse medianUnit median
2025-Q3$551/wk$490/wk
2025-Q2$550/wk$480/wk
2025-Q1$550/wk$480/wk
2024-Q4$550/wk$480/wk
2024-Q3$530/wk$470/wk
2024-Q2$520/wk$450/wk
2024-Q1$510/wk$450/wk
2023-Q4$500/wk$420/wk
2023-Q3$470/wk$400/wk
2023-Q2$445/wk$400/wk
2023-Q1$426/wk$380/wk
2022-Q4$420/wk$370/wk
2022-Q3$420/wk$360/wk
2022-Q2$418/wk$350/wk
2022-Q1$410/wk$350/wk
2021-Q4$400/wk$350/wk
2021-Q3$401/wk$350/wk
2021-Q2$410/wk$355/wk
2021-Q1$415/wk$360/wk
2020-Q4$420/wk$370/wk

Active listings

Properties for rent in Oak Park.

Browse current rental listings.

View rentals

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