Oakleigh at a glance
Median house
$1,351,000
Median unit
$560,000
Walk score
100
Walker's paradise
Population
8,442
Median age 38
The brief
What to know about Oakleigh.
The postcode for Oakleigh is 3166 (VIC), part of Greater Melbourne.
The median house price in Oakleigh is $1,351,000.
Oakleigh (3166) sits in the Monash region of Victoria. The median house here is $1,351,000, well above the Victoria median of around $850K.
Oakleigh has roughly 8,442 residents, with a typical family-age mix. Households are mostly owner-occupied. Day-to-day life here is very walkable, with most errands manageable on foot.
Side by side
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Median, growth, schools, walkability, all in one view.
Day to day
What it’s like to live here.
Oakleigh scores 100/100 on walkability, which makes it very walkable with workable public transport options. Coffee, groceries and a meal out are mostly walking-distance, which keeps a household viable on one car.
Summer days here average around 26°C (mild), winter mornings around 7°C (cool). Annual rainfall lands at about 639mm. Data comes from the Bureau of Meteorology's Melbourne (Olympic Park) station, 64.9km away.
Schooling within or near the suburb covers 12 government primary, 1 government secondary, 6 Catholic, 1 independent.
Who lives here
Demographics.
The 2021 Census put Oakleigh's population at 8,442, with a median age of 38. That sits as a typical family-age mix. Households are mostly owner-occupied (63% own, 35% rent), which shapes everything from school catchment stability to how often properties turn over. The household mix skews family-dominated (68% family households, 27% lone person), so amenity decisions tend to follow what families want: parks, schools, supermarkets.
Population
8,442
Median age
38
Family households
68%
Lone person
27%
Demographics data as of May 2026· ABS 2021 Census
Houses change hands at $1,351,000 on a typical sale, well above the Victoria median. Units come in around $560,000, roughly 59% below the house median.
For buyers
A 20% deposit on the median house works out to roughly $270,000. Prices sit well above the Victoria median, so plan for a stretched deposit and shop carefully on borrowing capacity.
Market
The price of a home here.
Median house price
$1,351,000
+0.0% over the past year. Median unit price $560,000.
Sales data as of May 2026· sales-vic
Rental and ownership
Weekly rent (house)
$630/wk
Weekly rent (unit)
$580/wk
Owner occupied
63%
Renter occupied
35%
At a deeper level
$1,351,000
$560,000
8,442
Median age: 38
Rental data as of September 2025· rental-vic
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For investors
Investment overview.
Gross rental yield on houses sits at 2.42% (median rent $630/wk against a $1,351,000 price tag). Units yield 5.39% gross, often the better cash-flow play for first-time investors. With 35% of households renting, the leasing market is established and vacancy risk tends to be lower than in owner-dominated suburbs.
Gross Yield (House)
Source: Land Victoria / DTP · May 20262.42%
Based on $1,351,000 median
Gross Yield (Unit)
Source: Land Victoria / DTP · May 20265.39%
Based on $560,000 median
Annual Growth (House)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Annual Growth (Unit)
Source: Land Victoria / DTP · May 2026–
Year-on-year capital growth
Owner Occupancy
Source: ABS Census 2021 · May 202663%
Higher = more owner-occupier demand
Days on Market
Source: Land Victoria / DTP · May 2026–
Lower = higher buyer demand
Gross rental yield is annual rent divided by purchase price, before expenses. It does not account for vacancy rates, management fees, maintenance, or financing costs. Use this as a starting point for further research.
Safety
Crime and safety.
1,490
total offences in 2025
Top offence categories
Crime statistics are reported at LGA level and may cover a broader area than this suburb.
Source: State Police Open Data
Crime data as of December 2025· State Police Open Data
Getting around
Walkability.
100
80
100
Scores calculated from OpenStreetMap data (ODbL)
Walkability data as of May 2026· OpenStreetMap
Place
Location.
Amenities
Transport
Education
Schools in Oakleigh.
Local schools for Oakleigh
View the catchment for each school to find out more.
Government School Catchment
Oakleigh Primary School
Amsleigh Park Primary School
Hughesdale Primary School
© ACARA, licensed under CC BY 4.0.
Climate
Weather year-round.
Annual Rainfall
639 mm
Hottest Month (avg max)
26.0°C
Coldest Month (avg min)
6.5°C
Monthly Rainfall (mm)
Weather data from BOM station Melbourne (Olympic Park) (65 km away)
Climate data as of May 2026· Bureau of Meteorology
Frequently asked
About Oakleigh.
- What is the median house price in Oakleigh?
- The median house price in Oakleigh, VIC 3166 is $1,351,000. The median unit price is $560,000.
- What is the Oakleigh postcode?
- Oakleigh is in the 3166 postcode, in VIC, in the City of Monash region.
- Where is Oakleigh?
- Oakleigh is a suburb of Melbourne, in VIC 3166. It is part of the Greater Melbourne area, in the City of Monash region.
- What is the average rent in Oakleigh?
- The median weekly rent for houses is $630, for units it's $580.
- What schools are in Oakleigh?
- There are 20 schools serving Oakleigh on this page, including Sacred Heart School, Oakleigh Primary School, Sacred Heart Girls' College.
- How walkable is Oakleigh?
- Oakleigh has a Walk Score of 100 out of 100, very walkable. transit score 80, bike score 100.
- What suburbs are near Oakleigh?
- Oakleigh is close to Hughesdale, Holmesglen, Chadstone Centre, Huntingdale, Murrumbeena.
- What is the population of Oakleigh?
- The population of Oakleigh is approximately 8,442 (2021 Census). The median age is 38.
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Sources cited
Median, growth and rental data from state revenue offices and ABS. Census from ABS 2021. Climate from BoM. Hazard from Geoscience Australia. School data from ACARA. Crime from state police open data. Full methodology →
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