Districts
SuburbsBlogSearch
Sign inGet started
Districts
SuburbsBlogSearch
Sign inGet started

VIC › Oakleigh East › Black St

4 Black St, Oakleigh East VIC 3166

House

$1,186,000

Last sold

22 Nov 2025

3

Bedrooms

1

Bathrooms

6

Car spaces

702 m²

Land

90 m²

Building

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

What should you know about this lot before spending serious money?

Why this property?

  • FactLast recorded sale $1,186,000 (22 Nov 2025).(Recorded sale)
  • CalculationLand 702 m² against a 90 m² dwelling — the land is most of what is being bought.(Districts calculation)
  • CalculationRecorded House sales in Oakleigh East (last 5 years) with land size: median $1,769/m² of land (n=24). Districts calculation from recorded sales — not a valuation.(Districts recorded sales)

What could make it worth more?

  • InterpretationA large lot with a small dwelling means the value case rests on the land and what the zone allows on it, not the house.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

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

What this lot has actually traded at

Last sold

$1,186,000

22 Nov 2025 · derived via latest_sale

Local land rate: recorded House sales in Oakleigh East (last 5 years) with land size have a median of $1,769/m² of land (n=24). Districts calculation from recorded sales — not a valuation.

Oakleigh East at a glance

7,281

People

$1,265,500

Median sale

$594/wk

Median rent

2.44%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Oakleigh East report →

Vs Oakleigh East

-6.3%

Median sale

Suburb $1,265,500

+0.16 pp

Gross yield

Suburb 2.44%

Suburb median $1,265,500 from 28 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

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

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, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Sold$1,186,00022 Nov 2025
  2. Listedprice unknowncompleted29 Oct 2025

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning 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.

What could kill that thesis?

Confidence: low

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

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $594/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

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.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

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.”

Read more

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

What is known for this property

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

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This 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

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Oakleigh East in one glance

Oakleigh East at a glance

7,281

People

$1,265,500

Median sale

$594/wk

Median rent

2.44%

Suburb gross yield

Median sale from 28 recorded sales (last 12 months) — a Districts calculation.

See the full Oakleigh East report →

Keep researching

  • Why Oakleigh East? Read the area thesis →
  • What else is on the market in Oakleigh East →
  • Other records on Black St →

Listing material

Listed by Harcourts Next Gen Oakleigh

Endless Possibilities: Charming Home in a Thriving, Tree-Lined Locale

Tucked away in a vibrant, tree-lined street in the heart of Oakleigh East, this charming weatherboard home sits patiently on a generous 702sqm parcel of land, waiting for its next chapter to unfold. With wide dimensions of approximately 16.80m x 41.70m, the block offers a rare canvas for those with vision - whether it's building a dream family home or crafting a boutique multi-unit development (STCA). With plans and permits already approved, much of the hard work has been taken care of, making this an exceptional turnkey development opportunity.

Location is everything, and this one delivers. Just moments from the buzzing energy of Monash University and the world-class Monash Medical Centre, it's a neighbourhood that hums with opportunity. Families will appreciate the zoning for South Oakleigh Secondary College, while commuters and students alike will love the convenience of multiple bus routes right outside the door. And when it's time for shopping or a weekend coffee, both Oakleigh's vibrant shopping precinct and Chadstone's retail mecca are just a short drive away.

Step inside and you'll find a home that's modest but full of potential. Recently refreshed with a coat of paint, the three-bedroom layout offers a comfortable base - perfect for leasing out while plans take shape, or for moving in and making it your own. The kitchen and bathroom retain their original charm, offering a blank slate for renovation or reinvention. A formal lounge provides a cozy retreat, while a separate toilet and laundry add everyday practicality. Outside, a double garage and ample driveway parking round out the offering.

Read the full description

With fully approved plans and permits available on request, developers can move forward with confidence and speed, capitalising on the strong demand for quality housing in this tightly held pocket.

Whether you're dreaming of a grand new residence, a savvy investment, or a development-ready site with all the approvals in place, this Oakleigh East gem is ready to inspire your next move.

Listing description written by James Grosso, Harcourts Next Gen Oakleigh — reproduced as published, not verified by Districts.

Property features

  • Built-in Robes
  • Floorboards
  • Gas Heating
  • Secure Parking
  • Toilets: 1
  • Workshop
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.