OAK PARK 3046
State: VICPosiProp AI Investment Summary
OAK PARK (VIC 3046) offers a compelling profile for property investors. The suburb currently holds an average rental yield of 3.3% and has experienced a 12-month capital growth of Up 8.4%, with a median house buy price of $1,154,050. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$875,000
$1,070,000
$1,285,000
$1,154,050
Suburb Market Profile
Last month Oak Park had 31 properties available for rent and 43 properties for sale. Median property prices over the last year range from $1,154,050 for houses to $687,500 for units. If you are looking for an investment property, consider houses in Oak Park rent out for $650 PW with an annual rental yield of 3.3% and units rent for $530 PW with a rental yield of 4.2%. Oak Park has seen an annual compound growth rate of 8.4% for houses and 5.8% for units.