Oak Park Suburb ProfileVictoria 3046
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Oak Park has 3,655 properties. Over the last 5 years, Houses in Oak Park have seen a 15.49% increase in median value, while Units have seen a 4.04% increase. As at 31 October 2024:
- The median value for Houses in Oak Park is $1,023,255 while the median value for Units is $646,082.
- Houses have a median rent of $600 while Units have a median rent of $495.
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.
Market Insights
Oak Park Trends for Houses
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Oak Park Trends for Units
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Neighbourhood Insights
Age
Population 6,205
0-9
13%
10-19
10%
20-29
15%
30-39
19%
40-49
13%
50-59
12%
60-69
8%
70-79
5%
80-89
4%
90-99
1%
Household Structure
Occupancy
Recent Sales in OAK PARK 3046
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Properties for sale in OAK PARK 3046
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Properties for rent in OAK PARK 3046
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Last Updated: 21/11/2024
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