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This property has been sold for $440,000 on 10 Sept 2026

51 days on market

Market context at sale

Suburb cycle phase
Balanced
RBA cash rate
4.35%
Suburb median (September 2026)
$585,000(-25%)

108/83-85 Drummond Street, Oakleigh, VIC, 3166

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Asking Price

$450,000 - $480,000

2 Beds1 Baths1 Cars
Land: 1,005 m2
Built: 2018

Property overview

This 2-bedroom apartment at 108/83-85 Drummond Street in Oakleigh, VIC 3166 sold for $440K in September 2026, with 1 bathroom and parking for 1. The apartment was built in 2018. Oakleigh sits about 15 km from the CBD, where the median unit price is $585K. Council data shows no flood or bushfire overlay on the site. There are 67 schools within roughly 5km, and the area scores 73 for walkability and 100 for transit out of 100.

Signal summary

A plain-language read on this listing (Strong, Monitor or Caution) drawn from its asking price, valuation gap, yield and suburb trend.

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Based on $480,000 asking signal.

Signals use available listing and suburb data. They are not personal financial advice.

Listed

Updated

Days on market

51

Investment Score

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Oakleigh at a glance

Unit market signals | VIC 3166

Full suburb profile

Median

$585K

Market signals

To CBD

15 km

Est. Valuation

$441,957

Potential Sell Price

Est. Rent/wk

$612

Potential Gross Yield

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Addresses, sold dates, days on market, sold vs asking spreads, plus the subject vs median verdict for each row.

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Key Highlights

Priced 18% below suburb median
Vacancy rate 1.4%
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Planning Overlays

No Overlays Detected

Subdivision & Development Potential

Indicative assessment only. Consult your local council planning department for definitive subdivision information.

Total Cost to Purchase

Purchase Price
$480,000
Stamp Duty (Victoria)
$23,870
Transfer/Registration Fee
$1,500
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Total Cash Required
$508,070

Estimates only. Assumes investment property, standard rates. Verify with your conveyancer.

Listing Details

Density
High Density
Listed
Last Updated
Postcode
3166

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