Oak Park VIC 3046
Oak Park is in Moreland LGA, VIC, postcode 3046, with population 6,714.
Verify-heavy evidence
Oak Park depends on evidence that should be verified before a decision.
The page still has useful coverage, but Market rent should be treated as fallback or lower-precision evidence. Missing signals include Crime, Hospitals, and Population growth.
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QuickProperty mixes release files, Census baselines, and matched local services on this page. Read the status panel before treating every metric as equally fresh.
Manual release files parsed into suburb prices
This gives you directional coverage, but it is weaker than a current rent release.
Schools, transport, and hospitals are useful as presence signals, but they still have different source cadences.
Oak Park depends on evidence that should be verified before a decision.
The page still has useful coverage, but Market rent should be treated as fallback or lower-precision evidence. Missing signals include Crime, Hospitals, and Population growth.
Verify fallback signals manually and compare against stronger nearby suburbs before treating this as a shortlist candidate.
Property prices, Schools, Transport
Market rent
Crime, Hospitals, Population growth, Building approvals
Oak Park currently reads as a verify-first candidate.
Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read. Evidence depth is verify-heavy, so the profile should be treated as provisional. Gross yield looks low for an income-first use case.
Verify the weak evidence layer first, then compare it against a better-covered suburb.
Transport coverage adds a practical access signal. Higher SEIFA context supports a stronger local-quality read.
Evidence depth is verify-heavy, so the profile should be treated as provisional. Gross yield looks low for an income-first use case.
No decisive evidence gap was detected from the current inputs.
Verify before compare
- Buyers want a quick sense of price, schools, and neighbourhood scale before getting lost in data.
- Investors want to know whether rent, yield, and affordability broadly support the suburb story.
- Researchers want one place that ties property, demographics, transport, and services together.
Price history
Full data detail
Oak Park VIC
Oak Park is a mid-sized suburb in Victoria within the Moreland local government area (postcode 3046). With a population of 6,714, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $114K per year, with an average household size of 2.5 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Italian.
The median house price in Oak Park is $1.1 million, having declined 6.6% over the past year. Units have a median price of $650,000 (+6.4% YoY). The median weekly rent is $401 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,167.
Oak Park is served by 2 schools, including 2 primary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 1 rail station, 19 bus stops.
From an investment perspective, Oak Park offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 9.3x is considered moderate. House prices have moved -6.6% year-on-year.
Oak Park is a mid-sized suburb in Victoria within the Moreland local government area (postcode 3046). With a population of 6,714, the suburb has a mix of young professionals and families with a median age of 36. Households earn a median income of $114K per year, with an average household size of 2.5 people. VIC employment has moved +0.9% year-on-year in the official Jobs and Skills Australia NERO series, which provides the broader jobs backdrop for this suburb. VIC also had 45 Commonwealth-backed major projects under construction, 17 underway, and 27 in planning as at 2 October 2024, which is useful as a broader delivery backdrop rather than a suburb-specific project count. The most common occupations are professionals, clerical & administrative, managers. Employment in the area leans toward healthcare and professional services. The top ancestries reported are English, Australian, Italian.
The median house price in Oak Park is $1.1 million, having declined 6.6% over the past year. Units have a median price of $650,000 (+6.4% YoY). The median weekly rent is $401 (Census 2021). This gives a gross rental yield of approximately 2.0%. The median monthly mortgage repayment is $2,167.
Oak Park is served by 2 schools, including 2 primary. The average ICSEA score is 1090, which is above the national average of 1,000. Public transport access includes 1 rail station, 19 bus stops.
From an investment perspective, Oak Park offers a gross rental yield of 2.0%, rated as low yield. Property prices are near the state median ($1.1M/$875K). The price-to-income ratio of 9.3x is considered moderate. House prices have moved -6.6% year-on-year.
Oak Park FAQ
Common questions-
What LGA is Oak Park in?
Oak Park is in the Moreland Local Government Area, VIC, postcode 3046. Council-level context for Moreland LGA (suburb mix, population, rent, and price coverage) is available on the QuickProperty LGA page.
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What is the median house price in Oak Park?
The current median house price in Oak Park, VIC is $1.1M, based on the latest available sales data from state Valuers General offices and ABS Data by Region.
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What is the typical weekly rent in Oak Park?
The median weekly rent in Oak Park is $401/wk, based on ABS Census 2021 rent fallback.
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Is Oak Park a good investment?
QuickProperty's investment signals for Oak Park show: Low Yield, Near Median, Moderate. These are computed from price, rent, income, and population data — not an opaque score.
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Where does QuickProperty get its data for Oak Park?
Property prices come from state Valuers General offices and ABS Data by Region. Demographics are from ABS Census 2021. School ICSEA scores are from ACARA. Crime statistics are from state police agencies. Transport data is sourced from GTFS feeds.
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How often is the Oak Park data updated?
Property prices update quarterly. RBA macro indicators update with each deploy. Demographics are from Census 2021. School ICSEA scores are from ACARA 2025.