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 › Delia St
$1,295,000
For sale
Asking
2
Bedrooms
1
Bathrooms
4
Car spaces
752 m²
Land
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
$1,295,000
Asking · $1,722/m² of land
No recorded sale for this property.
Local land rate: recorded House sales in Oakleigh South (last 5 years) with land size have a median of $2,079/m² of land (n=42). Districts calculation from recorded sales — not a valuation.
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
+0.8%
Median sale
Suburb $1,285,000
-0.01 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.
$78,060 on top of the price (6.0% 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.
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 2.4%. 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 OBrien Real Estate OakleighOne of the few remaining untouched landholdings in Oakleigh South, this exceptional 752sqm (approx.) allotment presents a rare opportunity to secure a premium development site within the highly sought-after South Oakleigh Primary School Zone. With generous dimensions and outstanding redevelopment potential, the property is ideally suited to a three-townhouse development (STCA), making it an increasingly scarce offering in a neighbourhood where opportunities of this calibre are rapidly disappearing.
The existing original two-bedroom weatherboard offers immediate flexibility while you plan your next move. Renovate and bring the home up to modern rental standards, lease it out as an investment, live in comfortably while designing your dream home or extension, or maximise the site's outstanding development potential (STCA). Whether you're a developer, builder, investor or future homeowner, this is a property that allows you to add value on your own timeline.
Adding even further appeal, the vendors are happy to consider a longer-than-usual settlement, providing purchasers with valuable time to obtain permits, finalise plans, organise finance or prepare for construction before taking possession.
Positioned in one of Oakleigh South's most tightly held residential pockets, the location is second to none. Enjoy the convenience of Links Shopping Centre just a short stroll away, with South Oakleigh Primary School, South Oakleigh Secondary College, local parks, cafés, bus services and everyday amenities all within easy walking distance. You're also only minutes from Bentleigh East, Chadstone Shopping Centre, the M1 Freeway, Monash University and Monash Medical Centre, making this a location that continues to attract strong demand from families, investors and developers alike.
Large parcels of land in established family neighbourhoods are becoming increasingly difficult to secure, particularly within the prized South Oakleigh Primary School catchment. Whether your vision is to build your forever home, undertake a boutique townhouse development or landbank for the future, opportunities like this are becoming few and far between.
Secure one of Oakleigh South's last remaining blank canvases and unlock the potential that only premium land and an exceptional location can offer. Contact Team Martinucci today for further information or to arrange your inspection.
Listing description written by Max Martinucci, OBrien Real Estate Oakleigh — reproduced as published, not verified by Districts.
Also look at
44 Golf Rd, Oakleigh South VIC 3167
4-bed house for sale. Asking $1.44M–$1.52M.
4-6 Yarra Ct, Oakleigh South VIC 3167
4-bed house. Asking $1.25M–$1.35M.
28 Bossington St, Oakleigh South VIC 3167
5-bed house for sale. Asking $2.75M–$2.85M.
15 Vanessa Ct, Oakleigh South VIC 3167
3-bed house for sale. Currently listed.