Oakleigh South at a glance
10,798
People
$1,285,000
Median sale
$589/wk
Median rent
2.38%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
VIC › Oakleigh South › Norma Ave
$1,050,000–$1,150,000
For sale
Asking range
4
Bedrooms
3
Bathrooms
2
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Asking
$1,050,000–$1,150,000
Asking range
No recorded sale for this property.
Oakleigh South at a glance
10,798
People
$1,285,000
Median sale
$589/wk
Median rent
2.38%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Vs Oakleigh South
-18.3%
Median sale
Suburb $1,285,000
+0.54 pp
Gross yield
Suburb 2.38%
Suburb median $1,285,000 from 49 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Based on the low end of the asking range, not a contract price.
$64,011 on top of the price (6.1% extra)
Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.
Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.
Based on the low end of the asking range, not a contract price.
Pre-filled with Oakleigh South's advertised median rent — not a rent for this listing.
Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $589/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Gross yield if leased at the suburb aggregate is 2.9%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Oakleigh South at a glance
10,798
People
$1,285,000
Median sale
$589/wk
Median rent
2.38%
Suburb gross yield
Median sale from 49 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by McGrath DoncasterDelivering the perfect balance of contemporary style, family functionality and effortless low-maintenance living, this beautifully presented four-bedroom residence, built in 2018, offers generous proportions, quality finishes and an adaptable floorplan in one of Oakleigh South's most convenient locations. Positioned within the highly sought-after Oakleigh South Primary School zone and just a short walk from the school, this move-in-ready home presents an exceptional opportunity for families, professionals and investors alike.
Beyond its attractive street presence, the home welcomes you with a spacious formal living room bathed in natural light, creating a warm and inviting space to relax. Timber flooring flows throughout the ground level, leading to the expansive open-plan dining and kitchen zone at the heart of the home. Designed for everyday living and entertaining, the well-appointed kitchen features stone benchtops, quality stainless steel appliances, gas cooking, a dishwasher, breakfast bar and a generous walk-in pantry.
Sliding doors extend the living space to a private timber deck, creating the ideal setting for weekend barbecues, outdoor dining or simply unwinding while enjoying the beautifully presented, easy-care outdoor surrounds. Designed with busy lifestyles in mind, the home's low-maintenance gardens allow you to spend more time enjoying your weekends and less time on upkeep.
Offering exceptional flexibility, the intelligently designed floorplan includes two master-style bedrooms, with one conveniently positioned on the ground floor complete with a walk-in robe and ensuite—perfect for multi-generational families, guests or those seeking the convenience of single-level accommodation. Upstairs, the main master enjoys its own walk-in robe and ensuite, while two further generous bedrooms with built-in robes are serviced by a central family bathroom with a separate toilet.
Comfort is assured year-round with ducted heating throughout, multiple split-system air conditioners, a downstairs powder room, full laundry, excellent storage and a remote double garage with internal access and an adjoining storage shed.
Perfectly positioned within walking distance of Oakleigh South Primary School, local parks and public transport, and only moments from Oakleigh Central, Clayton Shopping Centre, Monash University, Chadstone Shopping Centre and major arterial roads, this outstanding residence combines outstanding convenience with modern low-maintenance living in a premium family-focused location.
Property Highlights
-Built in 2018
-Four spacious bedrooms, including two master suites with ensuites
-Located within the Oakleigh South Primary School zone
-Walking distance to Oakleigh South Primary School
-Ground-floor guest/master bedroom ideal for extended families
-Open-plan kitchen, dining and living with seamless outdoor flow
-Stone kitchen with stainless steel appliances, gas cooktop, dishwasher and walk-in pantry
-Formal front living room filled with natural light
-Private timber entertaining deck with low-maintenance gardens
-Central family bathroom plus downstairs powder room
-Ducted heating and multiple split-system air conditioners
-Timber flooring downstairs and quality carpet upstairs
-Full laundry with external access
-Remote double garage with additional storage shed
-Easy-care, low-maintenance lifestyle ideal for busy families, professionals and investors
-Conveniently located close to Oakleigh Central, Clayton, Monash University, Chadstone Shopping Centre, parks and public transport
Listing description written by Eric Zhang, McGrath Doncaster — reproduced as published, not verified by Districts.