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Oakleigh Real Estate

Oakleigh real estate

In Oakleigh, 26% of occupied homes were flats or apartments at the 2021 Census, above the 12% across Victoria.

  • House 62
  • Townhouse or terrace 12
  • Flat or apartment 26
  • Owned outright 31
  • Mortgaged 31
  • Rented 35
  • Other or not stated 3
Homes in Oakleigh as a street of 100, from the census count of households by kind of home and tenure.
Median rent$410 a weekVIC $370
Median mortgage repayment$2,100 a monthVIC $1,859
Median household income$1,926 a weekVIC $1,759

Apartments beside separate houses

Separate houses made up 62% of occupied homes in Oakleigh, below the 73% across Victoria. Flats or apartments, at 26%, were above the state's 12%, and townhouses, terraces or semi-detached houses came to 12%, below Victoria's 14%. The figures suggest a larger share of people in Oakleigh living in apartment buildings than across the state.

Homes with two bedrooms or fewer made up 38%, above the 25% across Victoria. Three bedrooms were counted in 37% of homes, below the state's 42%, and four or more bedrooms in 24%, below 33%. On Census night, 12% of private dwellings in Oakleigh were unoccupied, above the 11% across Victoria.

Victoria, the same way: 73 houses, 12 flats, 29 rented.

A larger renting share in Oakleigh

Renting households made up 35% of Oakleigh households, above the 29% across Victoria. Of those, 76% rented from a landlord the ABS records as a real estate agent, against 73% statewide; the others rented from state housing, community housing, a private person or another landlord. The median rent was $410 a week, above Victoria's $370.

Paying off a mortgage accounted for 31% of households, below the state's 36%, and owning outright for 31%, below 32%. The median mortgage repayment was $2,100 a month, above the $1,859 across Victoria, while the median household income was $1,926 a week, above the state's $1,759.

Put the median weekly rent over the median weekly income of every Oakleigh household, renters and owners together, and the result is 21%. That is this page's own sum from two medians, and Victoria's figure on the same basis is also 21%. It does not come from the Census and does not describe any renter's payments.

Matching the state on age and household size

The suburb of Oakleigh counted 8,442 people at the 2021 Census. On two measures it matched Victoria: a median age of 38 years, the same as the state, and an average of 2.5 people in each household, also the same as the state. On age and household size, then, the suburb's figures sit level with Victoria's.

The 2021 Census also asked where each person aged five and over had lived in 2016. In Oakleigh, 56% named the address they were living at in 2021, above the 54% across Victoria.