Oakleigh South · Suburb / Locality

Housing & Dwellings in Oakleigh South

Where and how people live — the homes, how they are held, and what they cost.

Much higher housing costs than most similar areas define Oakleigh South, where typical monthly mortgage payments reach $2,200. While the area has a high proportion of detached houses, both renting and buying are more expensive here than the state and national figures.

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📍 Oakleigh South, Suburb / Locality

Where Oakleigh South sits — Median rent (weekly)

$418 ▲ +36.6%
  • $0–$25: 37 areas
  • $25–$50: 86 areas
  • $50–$75: 199 areas
  • $75–$100: 214 areas
  • $100–$125: 525 areas
  • $125–$150: 343 areas
  • $150–$175: 699 areas
  • $175–$200: 597 areas
  • $200–$225: 1183 areas
  • $225–$250: 724 areas
  • $250–$275: 1277 areas
  • $275–$300: 787 areas
  • $300–$325: 1282 areas
  • $325–$350: 618 areas
  • $350–$375: 935 areas
  • $375–$400: 570 areas
  • $400–$425: 763 areas
  • $425–$450: 288 areas
  • $450–$475: 415 areas
  • $475–$500: 176 areas
  • $500–$525: 204 areas
  • $525–$550: 79 areas
  • $550–$575: 125 areas
  • $575–$600: 70 areas
  • $600–$625: 97 areas
  • $625–$650: 21 areas
  • $650–$675: 54 areas
  • $675–$700: 145 areas

All suburb / locality areas, 2021. The marker is Oakleigh South — higher than 85% of areas.

Median rent (weekly) compared with the state and national average
Oakleigh South$418
3167, VIC $418
Victoria $370
Australia $375

Housing costs

Rents, mortgages and crowding.

The typical weekly rent of $418 is much higher than most similar areas and a little above the Victoria figure. Those with mortgages face a typical monthly payment of $2,200, which is also much higher than in most similar areas.

$418 ▲ +36.6%

Higher than 85% of suburb / locality areas.

  • 2011: $306
  • 2016: $371
  • 2021: $418

Median weekly rent paid by households renting their home.

$2,200 ▲ +15.8%

Higher than 81% of suburb / locality areas.

  • 2011: $1,900
  • 2016: $2,000
  • 2021: $2,200

Median monthly mortgage repayment for households with a mortgage.

Weekly rent distribution

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In Oakleigh South, $350–$549 is the majority at 59%; $550–$749 is next at 17%.

Monthly mortgage distribution

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Oakleigh South splits fairly evenly between $1,800–$2,999 (35%) and $3,000 or more (31%), with $1,000–$1,799 at 20%.

Owning & renting

How homes are owned or rented.

Home ownership is strong in Oakleigh South, with 38.2% of homes owned outright, a figure well above the Australian average of 31.0%. Consequently, the 23.1% of households that rent is well below the state and national figures.

23.1% ▲ +16.3%

Higher than 67% of suburb / locality areas.

  • 2011: 19.9%
  • 2016: 22.0%
  • 2021: 23.1%

Share of occupied private dwellings that are rented.

38.2% ▼ -9.0%

Lower than 59% of suburb / locality areas.

  • 2011: 42.0%
  • 2016: 40.9%
  • 2021: 38.2%

Share of occupied private dwellings owned outright (no mortgage).

How homes are owned or rented

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Oakleigh South splits fairly evenly between Owned outright (38%) and Owned with a mortgage (36%), with Rented at 23%.

Types of homes

Houses, townhouses, apartments and bedrooms.

Separate houses make up 83.7% of the market, which is far above the national figure of 72.3%. Most homes are spacious, with 78.9% having three or more bedrooms, though the number of people per bedroom is higher than in most similar areas.

0.80 ▼ -27.3%

Lower than 57% of suburb / locality areas.

  • 2011: 1.10
  • 2016: 0.90
  • 2021: 0.80

Average number of usual residents per bedroom — a crowding measure.

83.7% ▼ -7.9%

Lower than 76% of suburb / locality areas.

  • 2011: 90.8%
  • 2016: 88.3%
  • 2021: 83.7%

Share of occupied private dwellings that are separate houses.

78.9% ▼ -1.1%

Lower than 52% of suburb / locality areas.

  • 2011: 79.8%
  • 2016: 80.2%
  • 2021: 78.9%

Share of occupied private dwellings with three or more bedrooms.

Types of homes

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In Oakleigh South, Separate house is the majority at 84%; Townhouse / semi-detached is next at 10%.

Bedrooms per home

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In Oakleigh South, the largest group is 3 bedrooms at 49%, followed by 4 bedrooms (26%) and 2 bedrooms (18%).

Sources

  • Census of Population and Housing — Australian Bureau of Statistics, 2021 (CC BY 4.0).

More for Oakleigh South

Cite this page

Australian Bureau of Statistics. (2021). Housing & Dwellings in Oakleigh South [Census of Population and Housing]. CensusAtlas, used under CC BY 4.0. https://censusatlas.au/region/sal/SAL22002/oakleigh-south/topic/housing-dwellings