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 3.6% and has experienced a 12-month capital growth of Down -8.8%, with a median house buy price of $1,055,000. This combination provides a balanced growth-and-yield potential for investment portfolios in Australia.
Market Yield & Price Indices
$830,000
$1,020,000
$1,210,050
$1,055,000
Suburb Market Profile
Last month Oak Park had 32 properties available for rent and 39 properties for sale. Median property prices over the last year range from $1,055,000 for houses to $655,500 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 3.6% and units rent for $550 PW with a rental yield of 4.5%. Oak Park has seen an annual compound growth rate of -8.8% for houses and 3.2% for units.
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