Side by sideSuburb comparison

Oakleigh South vs Oakleigh.

Comparing two suburbs with median house prices of $1,245,300 and $1,351,000. Oakleigh edges out on more headline metrics in this comparison.

Oakleigh South (median $1,245,300) is roughly 8% cheaper to buy into than Oakleigh ($1,351,000).

Oakleigh scores higher on walkability (16/100 vs 100/100 ), useful if you're optimising for a car-light household. On school quality, the average ICSEA across schools serving Oakleigh (1113) sits above Oakleigh South (1098). Oakleigh South skews owner-occupied (74%), Oakleigh runs more rental-dense (63% owner).

The takeWhich suburb suits which buyer

For buyers

Oakleigh South is the lower entry point at $1,245,300 median, 8% below the other suburb. For first home buyers, that translates to a smaller deposit and lower stamp duty bill.

For investors

Oakleigh offers the higher gross rental yield (2.42% vs 1.75%), favouring cash-flow investors.

For families

Oakleigh edges out on average school ICSEA (1113 vs 1098).

Common questionsOakleigh South vs Oakleigh

Common questions

Is Oakleigh South or Oakleigh cheaper to buy in?

Oakleigh South has the lower median house price at $1,245,300, roughly 8% below Oakleigh ($1,351,000). The gap on units is usually similar but worth checking on the full suburb profiles.

Does Oakleigh South or Oakleigh have better schools?

On average school ICSEA (the ACARA index that benchmarks educational advantage), Oakleigh scores 1113 vs 1098 in Oakleigh South. ICSEA is a school-community indicator, not a quality rating, so always check NAPLAN results and catchment boundaries for the specific address you're considering.

Which is more walkable, Oakleigh South or Oakleigh?

Oakleigh scores 100/100 on walkability vs 16/100. Above 70 is considered very walkable (most errands on foot), 50-69 is walkable for some errands, below 50 typically requires a car for daily life.

Which suburb has higher rental yield, Oakleigh South or Oakleigh?

Gross rental yield on houses is 2.42% in Oakleigh vs 1.75% in Oakleigh South. Gross yield equals annual rent divided by purchase price. Net yield (after strata, rates, insurance, agent fees and maintenance) typically runs 1.5-2 percentage points lower.

The numbers behind the take

Oakleigh South
Metric
Oakleigh

Price & Market

$1,245,300
Median house
$1,351,000
$815,000
Median unit
$560,000
+0.0%
Annual growth (house)
+0.0%
Days on market

Rental

$418/wk
Rent (house / wk)
$630/wk
$418/wk
Rent (unit / wk)
$580/wk
74.0%
Owner occupied
63.0%
23.0%
Renter occupied
35.0%

Lifestyle & Demographics

16
Walk score
100
0
Transit score
80
100
Bike score
100
9,851
Population
8,442
40
Median age
38

Risk & Hazard

Flood class
Bushfire risk

Schools

20
Schools nearby
20
1098
Avg ICSEA
1113

Climate

639 mm
Annual rainfall
639 mm
25.9°C
Mean max (Jan)
25.9°C

Green dot = better on that metric (lower price, higher growth, higher walkability, lower risk).