Your suburb, scored · Data as of Oct 2026

Oak Park, VIC

Postcode 3046 · Moreland council area · Greater Melbourne · One of 15,000 suburbs we score across 27 indicators, updated monthly

R-Score 92 / 100 — ranked #1,327 of 15,286 suburbs this month

Among the strongest markets in the country right now

Current buyer and rental conditions here rank in the top tier of the 15,000 suburbs we measure this month.

Scores describe measured market conditions — not personal advice, and not a forecast.

Median house price$955,000

Down 14% over the past 12 months of settled sales.

Median weekly rent$670/wk

That's a gross yield of 3.7% at the current median price.

Vacancy rate2.5%

Above the 1.5% line where the rental market starts to loosen.

Investment analysisIs Oak Park a good investment in 2026? Read our deep dive: best and worst streets, cashflow at 80% LVR, and our take →

Is Oak Park a buy right now? Get our verdict + the 5 best streets

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Best Streets in Oak Park, VIC

Two streets in the same suburb can sit in completely different census blocks for owner-occupiers, public housing, and rental yield. Drill down into Oak Park's streets below.

Other High-Scoring Suburbs in Moreland (VIC)

IndicatorOak Park ReadingContext & Benchmark
Ripehouse R-Score92 / 100Ranked #1,327 of 15,286 Australian suburbs (Oct 2026)
Median House Price$955,000-14% over the past 12 months of settled sales
Median Weekly Asking Rent$670/wkImplies a 3.7% gross rental yield at the current median price
Rental Vacancy Rate2.5%Above the 1.5% tight-supply threshold
Median Days on Market84 daysPart of Moreland (VIC) council area (LGA avg R-Score 90/100)

Buyer's Agent & Quantitative Due Diligence

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Oak Park VIC FAQs

Frequently Asked Questions: Investing in Oak Park, VIC

Key answers from the Oct 2026 Ripehouse Advisory suburb and street research bake for Oak Park.

Is Oak Park VIC a good suburb for property investment in 2026?

As of Oct 2026, Oak Park (VIC 3046) scores 92/100 on the Ripehouse R-Score, ranking #1,327 out of 15,286 Australian suburbs. Among the strongest markets in the country right now. Key fundamentals include a median price of $955,000, median rent of $670/wk, gross yield of 3.7%, and vacancy of 2.5%.

What is the median house price and 12-month growth in Oak Park VIC?

The current median property price in Oak Park (VIC) is $955,000 (Oct 2026), representing a -14% change over the past 12 months. Properties in Oak Park currently spend a median of 84 days on market.

What is the rental yield and vacancy rate in Oak Park VIC?

In Oak Park (VIC), the median weekly asking rent is $670/wk, producing a gross rental yield of 3.7%. The suburb vacancy rate is 2.5% as of Oct 2026.

What are the best streets in Oak Park VIC?

Ripehouse Advisory scores every G-NAF street in Oak Park against the suburb average for owner-occupancy, public housing, rent, and yield. Use the Oak Park Street Score tool on this page to compare individual streets.

Which council area (LGA) is Oak Park VIC located in?

Oak Park (VIC, postcode 3046) is located in the Moreland council area (LGA) within Greater Melbourne. Across Moreland, the council-wide average R-Score is 90/100 across 12 suburbs.

R-Score and all figures are drawn from Ripehouse's research engine — 15,000 suburbs measured across 27 indicators, refreshed monthly (data as of Oct 2026). Scores describe past and current measured market conditions only. Past performance is not a reliable indicator of future performance. Nothing on this page is personal financial advice.