1/24 Magnolia Street

Oak Park VIC 3046

The size of Oak Park is approximately 2.1 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Oak Park in 2011 was 5,772 people. By 2016 the population was 6,205 showing a population growth of 7.5% in the area during that time. The predominant age group in Oak Park is 30-39 years. Households in Oak Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Park work in a professional occupation. In 2011, 74.2% of the homes in Oak Park were owner-occupied compared with 69.6% in 2016.

Oak Park has 3,676 properties. Over the last 5 years, Houses in Oak Park have seen a 12.99% increase in median value, while Units have seen a 1.10% increase. As at 31 December 2024:

• The median value for Houses in Oak Park is $1,050,141 while the median value for Units is $633,186.
• Houses have a median rent of $650 while Units have a median rent of $500.