Oakleigh
The median rent for a 2-bedroom unit in Oakleigh is $580 a week for leases that started in the year to September 2025, up 5.5% on a year earlier. That is 5% above the typical 2-bedroom unit rent across Melbourne ($550). The median sale price in the Mar 2026 quarter was $1,371,500 for a house and $550,000 for a unit. A year of rent for that home is about 4.6% of its median sale price (gross rental yield). The rent data covers Chadstone-Oakleigh as one area, so these rent figures are shared by Chadstone, Oakleigh.
Median rent in Oakleigh
| Home | Rent a week | Change over a year | New leases |
|---|---|---|---|
| 1-bedroom unit | $500 | +6.4% | 104 |
| 2-bedroom unit | $580 | +5.5% | 350 |
| 3-bedroom unit | $680 | +1.5% | 176 |
| 2-bedroom house | $570 | +3.6% | 30 |
| 3-bedroom house | $630 | +3.3% | 175 |
| 4-bedroom house | $850 | +7.2% | 79 |
* Based on fewer than 20 new leases in the year, so it can swing a lot.
Median sale price
| Type | Median price | Period |
|---|---|---|
| House | $1,371,500 | Mar 2026 quarter |
| Unit | $550,000 | Mar 2026 quarter |
† Fewer than 10 sales. ‡ No sales that quarter, so an earlier figure is shown.
Suburbs with similar rent
- Burwood East $578 a week
- Forest Hill $578 a week
- Vermont $578 a week
- Alphington $575 a week
- Doncaster East $575 a week
- Donvale $575 a week