Oak Park

Oak Park lies within the top quartile of areas nationally for population growth performance according to AreaSearch analysis of recent, and medium to long-term trends

As of November 2025, Oak Park's population is estimated at around 7,219 people. This reflects an increase from the 2021 Census figure of 6,714 people, marking a growth of 505 individuals (7.5%). AreaSearch validated this estimate by examining the latest ERP data release by the ABS in June 2024 and considering an additional 90 new addresses since the Census date. This population density translates to approximately 3,556 persons per square kilometer, placing Oak Park in the upper quartile nationally according to AreaSearch assessments. The suburb's growth rate exceeded that of its SA3 area (7.0%), indicating it as a regional growth leader. Overseas migration contributed around 73.0% of overall population gains recently.

AreaSearch projections for Oak Park are based on ABS/Geoscience Australia figures released in 2024, using 2022 as the base year. For areas not covered by this data, AreaSearch employs VIC State Government's Regional/LGA projections from 2023 with adjustments made through weighted aggregation of population growth from LGA to SA2 levels. Growth rates by age group are applied across all areas for years 2032 to 2041. Looking ahead, exceptional growth is predicted over the period, with Oak Park expected to grow by 3,569 persons to 2041 based on aggregated SA2-level projections, reflecting a total increase of 49.4% over the 17 years.

Recent residential development output has been above average within Oak Park when compared nationally

Based on AreaSearch analysis of ABS building approval numbers from statistical area data, Oak Park has recorded around 62 residential properties granted approval per year over the past five financial years, totalling an estimated 312 homes. So far in FY-26, 20 approvals have been recorded. The average population growth for each dwelling built over this period is 1.1 people per year. This indicates a balanced supply and demand scenario, creating stable market conditions with new homes being constructed at an average expected cost of $480,000.

In FY-26, Oak Park has registered $1.3 million in commercial approvals, reflecting its residential nature. Compared to Greater Melbourne, Oak Park records construction activity 35.0% above the regional average per person over the past five years, balancing buyer choice while supporting current property values. However, development activity has moderated in recent periods. New building activity shows 13.0% standalone homes and 87.0% townhouses or apartments, indicating a shift towards higher-density living to create more affordable entry points for downsizers, investors, and first-home buyers. This is a significant change from the current housing mix of 56.0% houses, reflecting reduced availability of development sites and addressing shifting lifestyle demands and affordability requirements.

Oak Park has approximately 168 people per dwelling approval, indicating an expanding market. According to AreaSearch's latest quarterly estimate, Oak Park is expected to grow by 3,567 residents through to 2041. At current development rates, housing supply may struggle to match population growth, potentially heightening buyer competition and supporting price increases.

Oak Park has very high levels of nearby infrastructure activity, ranking in the top 10% nationally

Changes to local infrastructure significantly impact an area's performance. AreaSearch has identified fifteen projects likely influencing the region. Notable initiatives include Oak Park Sports and Aquatic Centre Redevelopment, M-City 2 - Oak Park, Fame Apartments, and Glenroy Structure Plan. Below is a list detailing those most relevant.

Professional plan users can use the search below to filter and access additional projects.

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AreaSearch analysis places Oak Park well above average for employment performance across multiple indicators

Oak Park's workforce is highly educated with professional services well represented. The unemployment rate was 2.8% in the past year.

Employment growth was estimated at 3.6%. As of June 2025, 4,602 residents were employed, with an unemployment rate of 1.8% below Greater Melbourne's rate of 4.6%. Workforce participation was 69.8%, compared to Greater Melbourne's 64.1%. Key industries for employment among residents were health care & social assistance, professional & technical, and education & training.

Professional & technical had particularly notable concentration, at 1.2 times the regional average. Retail trade showed lower representation at 7.9% versus the regional average of 9.8%. Employment opportunities locally appeared limited as indicated by Census data. In the year to June 2025, employment levels increased by 3.6%, labour force by 4.3%, and unemployment rose by 0.6 percentage points. Greater Melbourne recorded employment growth of 3.5%, labour force growth of 4.0%, with unemployment rising 0.5 percentage points. National employment forecasts from Jobs and Skills Australia, issued in Sep-22, project national employment growth at 6.6% over five years and 13.7% over ten years. Applying these projections to Oak Park's employment mix suggests local employment should increase by 6.8% over five years and 13.9% over ten years.

The area exhibits notably strong income performance, ranking higher than 70% of areas assessed nationally through AreaSearch analysis

Oak Park's median income among taxpayers was $55,329 in financial year 2022. The average income stood at $66,028 during the same period. These figures are slightly higher than Greater Melbourne's median of $54,892 and average of $73,761. Based on a Wage Price Index growth rate of 12.16% since financial year 2022, estimates for September 2025 would be approximately $62,057 (median) and $74,057 (average). According to the 2021 Census, Oak Park's household incomes ranked at the 78th percentile nationally. The dominant income bracket in Oak Park was $1,500 - 2,999, with 33.4% of residents earning within this range (2,411 people). This is similar to regional levels where 32.8% occupied this bracket. Oak Park's affluence is evident with 33.2% of residents earning over $3,000 per week, supporting premium retail and service offerings. Housing expenses accounted for 14.2% of income. Residents ranked within the 79th percentile for disposable income. The area's SEIFA income ranking placed it in the 8th decile.

Oak Park displays a diverse mix of dwelling types, with ownership patterns similar to the broader region

In Oak Park, as per the latest Census, 56.0% of dwellings were houses with the remaining 44.0% being semi-detached, apartments, or other types. This contrasts with Melbourne metro's figures of 62.8% houses and 37.2% other dwellings. Home ownership in Oak Park stood at 31.1%, similar to Melbourne metro, with mortgaged properties at 37.0% and rented ones at 31.9%. The median monthly mortgage repayment was $2,167, higher than Melbourne metro's $2,000. Median weekly rent in Oak Park was $401 compared to Melbourne metro's $381. Nationally, Oak Park's mortgage repayments were significantly higher than the Australian average of $1,863, while rents exceeded the national figure of $375.

Oak Park features high concentrations of group households, with a lower-than-average median household size

Family households account for 70.9% of all households, including 32.5% couples with children, 27.1% couples without children, and 9.9% single parent families. Non-family households constitute the remaining 29.1%, with lone person households at 24.3% and group households comprising 4.7%. The median household size is 2.5 people, which is smaller than the Greater Melbourne average of 2.6.

Oak Park shows strong educational performance, ranking in the upper quartile nationally when assessed across multiple qualification and achievement indicators

Educational attainment in Oak Park is significantly higher than broader benchmarks. As of 2016, 43.0% of residents aged 15+ held university qualifications, compared to 27.7% in the SA4 region and 30.4% nationally. Bachelor degrees were most common at 27.4%, followed by postgraduate qualifications (11.6%) and graduate diplomas (4.0%). Vocational credentials were also prominent, with 26.3% of residents aged 15+ holding such qualifications - advanced diplomas accounted for 11.7% and certificates for 14.6%.

Educational participation was notably high, with 28.3% of residents currently enrolled in formal education as of 2016. This included 8.3% in primary education, 6.6% in tertiary education, and 5.4% pursuing secondary education. Two schools serve the area: St Francis de Sales School and Oak Park Primary School, collectively educating 652 students as of 2017. The area demonstrates above-average socio-educational conditions with an ICSEA score of 1085. Both schools focus exclusively on primary education, with secondary options available in surrounding areas.

Transport servicing is good compared to other areas nationally based on assessment of service frequency, route connectivity and accessibility

Transport analysis shows 21 active stops operating in Oak Park, including trains and buses. These are served by four routes offering 2591 weekly passenger trips. Residents' average proximity to the nearest stop is 211 meters.

Daily service averages 370 trips across all routes, equating to about 123 weekly trips per stop.

Oak Park's residents boast exceedingly positive health performance metrics with younger cohorts in particular seeing very low prevalence of common health conditions

Health outcomes data shows excellent results across Oak Park, with younger cohorts particularly experiencing low prevalence of common health conditions.

The rate of private health cover is approximately 53% of the total population (~3,822 people), leading that of the average SA2 area. Mental health issues and asthma are the most common medical conditions in the area, affecting 7.3 and 7.2% of residents respectively. A total of 74.2% of residents declared themselves completely clear of medical ailments, compared to 72.2% across Greater Melbourne. The area has 12.7% of residents aged 65 and over (916 people), which is lower than the 14.0% in Greater Melbourne. However, health outcomes among seniors require more attention than those of the broader population.

Oak Park is among the most culturally diverse areas in the country based on AreaSearch assessment of a range of language and cultural background related metrics

Oak Park has a high level of cultural diversity, with 35.6% of its population born overseas and 35.3% speaking a language other than English at home. Christianity is the predominant religion in Oak Park, accounting for 46.4% of the population. Hinduism is notably overrepresented in Oak Park compared to Greater Melbourne, comprising 7.1% versus 6.2%.

The top three ancestry groups in Oak Park are English (18.4%), Other (16.5%), and Australian (16.3%). Italian, Sri Lankan, and Lebanese ethnic groups show notable divergences: Italians are overrepresented at 9.9% compared to the regional average of 12.9%, Sri Lankans are slightly overrepresented at 0.8% versus 0.6%, while Lebanese are underrepresented at 1.7% against a regional figure of 4.2%.

Oak Park's population is slightly younger than the national pattern

At 36 years, Oak Park's median age is nearly matching Greater Melbourne's average of 37. This figure is modestly under the Australian median of 38. Relative to Greater Melbourne, Oak Park has a higher concentration of 35-44 residents at 19.0%, but fewer 5-14 year-olds at 10.0%. Between the 2021 Census and now, the 65-74 age group has grown from 6.1% to 7.1% of the population. Conversely, the 25-34 cohort has declined from 18.8% to 18.2%. Demographic modeling suggests Oak Park's age profile will evolve significantly by 2041. The 45-54 cohort shows the strongest projected growth at 87%, adding 764 residents to reach 1,645.