VIC 3166 · City of Monash
Oakleigh home appraisal and house prices
A free home appraisal in Oakleigh tells you what your home could sell for. As a guide, the median house price in Oakleigh was $1,371,500 in the March quarter 2026, from 14 house sales, according to the Victorian Government's Property Sales Report. That's up 8.8% on the same quarter a year earlier.
A median is a starting point, not your home's value: block size, condition and street all move the price. For a price range on your home, ask for a free appraisal from a local agent.
- Median house, Mar qtr 2026
- $1,371,500
- Change on a year earlier
- +8.8%
- Houses sold, Mar qtr 2026
- 14
- 2015 to 2025
- +36%
- +3.1% a year
- Median unit, Mar qtr 2026
- $550,000
Oakleigh house prices over ten years
Between 2015 and 2025 the yearly median house price in Oakleigh went from $1,002,000 to $1,362,500, up 36% (about +3.1% a year), according to the Valuer-General's yearly figures. The growth rate is our calculation.
Oakleigh's median house price, 2015 to 2025
Median sale price of houses for each calendar year
Source: Department of Transport and Planning, Victorian Government, Victorian Property Sales Report (time series to 2025), CC BY 4.0
Show the data
| Date | Value |
|---|---|
| 2015 | $1,002,000 |
| 2016 | $1,050,000 |
| 2017 | $1,210,000 |
| 2018 | $1,250,000 |
| 2019 | $1,101,000 |
| 2020 | $1,255,000 |
| 2021 | $1,388,000 |
| 2022 | $1,421,000 |
| 2023 | $1,336,500 |
| 2024 | $1,318,000 |
| 2025 | $1,362,500 |
Free home appraisal in Oakleigh
A median tells you about the suburb, not your home. A local agent looks at your place and recent sales on your streets, and gives you a price range. It's free and you don't have to sell.
The last five quarters
Quarterly medians move more than yearly ones, because each covers fewer sales. The March quarter 2026 median is down 4.1% on the quarter before, according to the Victorian Government's Property Sales Report.
Oakleigh median house price by quarter
Jan–Mar 2025
$1,260,000Apr–Jun 2025
$1,360,500Jul–Sep 2025
$1,362,500Oct–Dec 2025
$1,430,000Jan–Mar 2026
$1,371,500
Medians marked 'fewer than 10 sales' are flagged by the Valuer-General as less reliable.
Source: Department of Transport and Planning, Victorian Government, Victorian Property Sales Report, March quarter 2026, CC BY 4.0
Show the data
| Item | Value |
|---|---|
| Jan–Mar 2025 | $1,260,000 |
| Apr–Jun 2025 | $1,360,500 |
| Jul–Sep 2025 | $1,362,500 |
| Oct–Dec 2025 | $1,430,000 |
| Jan–Mar 2026 | $1,371,500 |
How Oakleigh compares with nearby suburbs
Oakleigh is the 5th most expensive of the 12 suburbs we cover in the City of Monash, where the middle suburb's median is $1,356,000 in the March quarter 2026 (our calculation from the Victorian Government's Property Sales Report).
Close by and cheaper in the March quarter 2026: Huntingdale ($1.36m), Chadstone ($1.33m) and Oakleigh East ($1.3m), according to the same report.
Close by and dearer in the March quarter 2026: Hughesdale ($1.57m), Ashwood ($1.47m) and Ashburton ($2.05m), according to the same report.
Median house price: Oakleigh and its nearest suburbs
Distance is between suburb centres
Ashburton, 3.7 km
$2.05mHughesdale, 0.8 km
$1.57mAshwood, 3.7 km
$1.47mOakleigh (this suburb)
$1.37mHuntingdale, 1.7 km
$1.36mChadstone, 2 km
$1.33mOakleigh East, 2.5 km
$1.3m
Source: Department of Transport and Planning, Victorian Government, Victorian Property Sales Report, March quarter 2026, CC BY 4.0
Show the data
| Item | Value |
|---|---|
| Ashburton, 3.7 km | $2.05m |
| Hughesdale, 0.8 km | $1.57m |
| Ashwood, 3.7 km | $1.47m |
| Oakleigh (this suburb) | $1.37m |
| Huntingdale, 1.7 km | $1.36m |
| Chadstone, 2 km | $1.33m |
| Oakleigh East, 2.5 km | $1.3m |
Questions about Oakleigh house prices
What is the median house price in Oakleigh?
$1,371,500 in the March quarter 2026, from 14 sales, according to the Victorian Government's Property Sales Report.
How much have house prices grown in Oakleigh?
The yearly median went from $1,002,000 in 2015 to $1,362,500 in 2025, up 36% or about +3.1% a year, according to the Victorian Government's Property Sales Report. The highest yearly median was $1,421,000 in 2022.
What suburbs near Oakleigh are cheaper?
Nearby suburbs with a lower median house price are Huntingdale ($1.36m), Chadstone ($1.33m) and Oakleigh East ($1.3m). Compare every suburb in Monash.
Is a free appraisal the same as a property valuation in Oakleigh?
No. An appraisal is a local agent's opinion of the price your home would likely sell for, and it's free. A property valuation is a formal report from a certified practising valuer, usually paid for and needed for lending, legal or tax purposes. For deciding whether and when to sell, an appraisal is what most owners start with.
How do I find out what my Oakleigh home is worth?
A suburb median can't tell you about your block, its condition or your street. Ask a local agent for an appraisal: it's free and you don't have to sell. You can request one here.
Where these figures come from
Every price on this page is a median sale price published by the Department of Transport and Planning, Victorian Government in the Victorian Property Sales Report (opens in a new tab) and its yearly time series (opens in a new tab), used under CC BY 4.0. Distances, rankings and growth rates are our calculations from those figures. A median is the middle sale price, not the value of any one home. Figures last updated 1 October 2026.