In Insight into: Oakleigh 3166

Nestled within the dynamic municipality of Monash, Oakleigh stands as a testament to the harmonious blend of heritage charm and contemporary allure. This bustling suburb, just 15 kilometers from Melbourne’s CBD, offers residents a coveted lifestyle defined by convenience, community spirit, and an array of amenities. Over the past year, Oakleigh has emerged as a sought-after residential destination, boasting a median house sale price of $1.3 million and a median weekly rent of $600, making it an attractive prospect for both homeowners and tenants alike.

Residential Landscape and Demographics

Spanning approximately 3.5 square kilometers, Oakleigh encapsulates a diverse tapestry of housing options, from cozy family homes to modern apartments, catering to a wide spectrum of preferences and lifestyles. The suburb’s population, which stood at 7,891 in 2016, has witnessed a steady growth of 4.7% over the preceding five years, reflecting its enduring appeal among prospective residents.

Oakleigh’s demographic landscape is characterised by a youthful vigor, with the predominant age group falling within the 20-29 years bracket. The community is primarily composed of couples with children, comprising 50.40% of households, followed by childless couples at 32.60%, and single parents at 14.00%. This diverse demographic mosaic contributes to the suburb’s vibrant social fabric and inclusive ethos.

Education and Lifestyle

Oakleigh boasts a plethora of educational institutions, underscoring its commitment to fostering academic excellence and nurturing young minds. Local schools such as Oakleigh Primary School, Amsleigh Park Primary School, Huntingdale Primary School, and Oakleigh Grammar offer students a comprehensive educational experience, complemented by a rich array of extracurricular activities and resources.

Beyond academia, Oakleigh entices residents with its verdant expanses, with 11 parks covering nearly 10.8% of the total area. These lush green spaces provide idyllic settings for leisurely strolls, recreational pursuits, and community gatherings, fostering a sense of belonging and well-being among residents.

Employment and Economic Landscape

The economic landscape of Oakleigh is characterised by a thriving professional sector, with a significant proportion of residents engaged in professional occupations. The suburb’s proximity to Melbourne CBD renders it an attractive hub for commuters, offering seamless connectivity and access to employment opportunities across diverse industries.

Housing Market Dynamics

The housing market in Oakleigh is buoyant, with a median house sale price of $1.3 million, reflecting the suburb’s desirability and robust demand. Additionally, the median weekly rent for houses stands at $600, underscoring the attractiveness of Oakleigh as a rental market. Whether one seeks to invest in property or establish roots in this vibrant community, Oakleigh offers an array of housing options to suit every preference and budget.

In summation, Oakleigh stands as a quintessential embodiment of suburban living at its finest, seamlessly blending heritage charm with contemporary allure. With its diverse demographic landscape, top-notch educational institutions, verdant parks, and thriving economy, Itexudes an undeniable magnetism that continues to captivate residents and visitors alike. As the suburb continues to evolve and flourish, it remains a beacon of community spirit, inclusivity, and boundless opportunity for all who call it home.

Ray White Bentleigh and Carnegie has played a crucial role in leasing some of Oakleigh’s most coveted properties, showcasing the diverse real estate options within the suburb. If you’re considering leasing out your property in Oakleigh, our team of experienced agents are ready to provide expert guidance and tailored services to help you achieve optimal results. Leveraging our in-depth understanding of the local market and a history of successful leasing agreements, we can guide you through every step of the leasing process. Reach out to us today to talk about your property requirements and let us assist you in meeting your real estate goals.

Homes leased by Ray White Carnegie in Oakleigh 

4/7 Albert Avenue, Oakleigh
Leasing Consultant: Dale Browning 

1/19 Elizabeth Street, Oakleigh East
Leasing Consultant: Dale Browning

1/294 Warrigal Road, Oakleigh South
Leasing Consultant : Nick Giannopoulos