Moreland · 3046
Oak Park, VIC
population +7.8% (5y), incomes +13.0% (5y).
NextSuburb scoreTier D
33Below trend
Median house
$880k
5y growth
0.9%/yr
Gross yield
2.4%
Vacancy
2.4%
Late-cycle holdMedium confidence
Eight-signal breakdown
Each signal scored 0–100 against the national distribution. Bars reflect how this suburb sits across the index.
- Capital growth (5y)0.9%/yr9/100
- Population growth+7.8% (5y)78/100
- Supply tightening+5.0% YoY25/100
- Rental yield2.4%47/100
- Rental demand2.4% vacancy40/100
- Income growth+13.0% (5y)52/100
- Construction pipelineno nearby pipeline0/100
- Affordability41% under cap41/100
Why this score
Oak Park scores 33/100 (Below trend). The two strongest signals: 7.8% population growth over five years and 13.0% income growth. The standout watch-out: gross yield of 2.4% leaves modest cashflow.
Drivers
- Population growth+7.8% (5y)
Risks
- Thin gross yield (2.4%)
- Modest 5y growth (0.9%/yr)
Nearest infrastructure
Metro Tunnel — Parkville Station8.5 km away
Recently completed · $13.5bn · completion 2025
Construction-stage projects within 10 km lift the suburb’s infrastructure score; projects more than 25 km away barely move it.
Comparable suburbs
Three VIC suburbs in the same budget band with the closest NextSuburb scores.
See the full VIC ranking60-month score history
Backfilled — live history begins May 2026Watch this suburb
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