Oakville

Oakville has seen population growth performance typically on par with national averages when looking at short and medium term trends

As of November 2025, the estimated population of Oakville is around 3,196 people. This figure reflects a significant increase from the 2021 Census population of 2,027 people, marking an increase of 1,169 individuals (57.7%). The latest estimate is based on AreaSearch's validation of new addresses and examination of the ABS' ERP data release from June 2024, which reported a resident population of 2,915 for Oakville. This growth rate surpasses both state and metropolitan area averages, indicating Oakville as a region experiencing notable demographic expansion. Natural growth contributed approximately 48.0% to overall population gains in recent periods. However, all factors such as overseas migration and interstate migration also played positive roles in this growth.

AreaSearch's projections for Oakville are based on ABS/Geoscience Australia data released in 2024 with a base year of 2022. For areas not covered by this data, NSW State Government's SA2 level projections from 2022 with a base year of 2021 are used. Looking ahead to the years 2032 to 2041, demographic trends suggest exceptional growth for Oakville, placing it in the top 10 percent of national statistical areas. Based on aggregated SA2-level projections, the suburb is expected to increase by 1,886 persons by the year 2041, reflecting a total increase of 26.4% over the 17-year period.

AreaSearch assessment of residential development activity positions Oakville among the top 25% of areas assessed nationwide

AreaSearch analysis of ABS building approval numbers for Oakville shows an average of around 110 dwelling approvals per year over the past five financial years, totalling approximately 550 homes. In FY-26 so far, 64 approvals have been recorded. This results in an estimated 0.3 new residents arriving per new home annually between FY-21 and FY-25, indicating that supply is meeting or exceeding demand. The average value of new homes being built is $522,000.

Commercial development in Oakville has reached $13.3 million this financial year. Compared to Greater Sydney, Oakville has seen 43.0% more development per person over the past five years, balancing buyer choice while supporting property values. This activity is significantly above the national average, suggesting strong developer interest in the area. Recent construction comprises 99.0% standalone homes and 1.0% townhouses or apartments, maintaining Oakville's low-density nature with a focus on detached housing attracting space-seeking buyers.

With around 12 people per dwelling approval, Oakville exhibits characteristics of a growth area. Future projections estimate an addition of 845 residents by 2041, suggesting that current development patterns should readily meet demand and offer favourable conditions for buyers while potentially facilitating population growth beyond current projections.

Oakville has very high levels of nearby infrastructure activity, ranking in the top 20% nationally

Changes to local infrastructure significantly influence an area's performance. AreaSearch has identified 20 projects likely to impact the area. Key projects include Ridgehaven Estate in Box Hill, Box Hill Public School and High School, Multiple Residential Subdivisions in Box Hill, and Box Hill Square. The following list details those most relevant.

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

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Employment performance in Oakville has been below expectations when compared to most other areas nationally

Oakville has a skilled workforce with notable representation in the construction sector. Its unemployment rate was 5.4% in the past year, with an estimated employment growth of 2.4%.

As of June 2025, 1,218 residents were employed, and the unemployment rate was 1.2% higher than Greater Sydney's rate of 4.2%. Workforce participation was 62.2%, slightly above Greater Sydney's 60.0%. Leading employment industries included construction, retail trade, and manufacturing. Construction employed 2.7 times the regional average, while health care & social assistance employed only 8.0% of local workers, below Greater Sydney's 14.1%.

Many residents commute elsewhere for work based on Census data. Between June 2024 and June 2025, employment increased by 2.4%, labour force by 3.5%, leading to a 1.1 percentage point rise in unemployment. In contrast, Greater Sydney saw employment grow by 2.6% and labour force by 2.9%, with unemployment rising by 0.3 percentage points. Jobs and Skills Australia's national employment forecasts from Sep-22 project national employment growth of 6.6% over five years and 13.7% over ten years. Applying these projections to Oakville's employment mix suggests local employment should increase by 6.0% over five years and 12.3% over ten years, based on a simple weighting extrapolation for illustrative purposes.

Income metrics indicate excellent economic conditions, with the area achieving higher performance than 75% of national locations assessed by AreaSearch

AreaSearch's data for financial year 2022 shows Oakville's median income is $56,844 and average income is $69,005. This exceeds Greater Sydney's median of $56,994 and average of $80,856. By September 2025, estimated incomes are approximately $64,012 (median) and $77,707 (average), based on a 12.61% Wage Price Index growth since financial year 2022. The 2021 Census ranks Oakville's household incomes at the 86th percentile ($2,368 weekly). Incomes of $1,500 - 2,999 per week are held by 29.3% of residents (936 individuals), similar to the broader area's 30.9%. High earners above $3,000/week comprise 38.8%, indicating strong economic capacity. After housing costs, residents retain 88.9% of income, reflecting robust purchasing power. Oakville's SEIFA income ranking places it in the 7th decile.

Oakville is characterized by a predominantly suburban housing profile, with above-average rates of outright home ownership

Dwelling structure in Oakville, as evaluated at the latest Census, consisted of 98.8% houses and 1.2% other dwellings (semi-detached, apartments, 'other' dwellings). In comparison, Sydney metro had 87.7% houses and 12.3% other dwellings. Home ownership in Oakville was at 54.9%, with the remainder being mortgaged at 29.0% or rented at 16.1%. The median monthly mortgage repayment in Oakville was $2,500, lower than Sydney metro's average of $3,000. The median weekly rent figure in Oakville was $600, matching Sydney metro's figure. Nationally, Oakville's mortgage repayments were significantly higher than the Australian average of $1,863, while rents were substantially above the national figure of $375.

Oakville features high concentrations of family households, with a fairly typical median household size

Family households constitute 85.7% of all households, including 47.2% couples with children, 28.9% couples without children, and 8.3% single parent families. Non-family households comprise the remaining 14.3%, with lone person households at 13.8% and group households making up 0.7%. The median household size is 3.3 people, which aligns with the Greater Sydney average.

Educational attainment in Oakville aligns closely with national averages, showing typical qualification patterns and performance metrics

The area's university qualification rate is 16.9%, significantly lower than the SA4 region average of 40.4%. Bachelor degrees are most common at 11.9%, followed by postgraduate qualifications (3.2%) and graduate diplomas (1.8%). Vocational credentials are prominent, with 40.3% of residents aged 15+ holding them, including advanced diplomas (9.9%) and certificates (30.4%). Educational participation is high at 26.1%, comprising 9.5% in primary education, 8.3% in secondary education, and 3.2% in tertiary education.

Oakville Public School and Arndell Anglican College serve a total of 1,710 students. The area has typical Australian school conditions (ICSEA: 1044) with balanced educational opportunities. It functions as an education hub with 53.5 school places per 100 residents, attracting students from surrounding communities.

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

Oakville's public transport analysis shows 17 operational stops serving a variety of bus routes. These stops are covered by 32 individual routes, offering a total of 228 weekly passenger trips. Transport accessibility is considered moderate, with residents usually residing 569 meters from the nearest stop.

On average, there are 32 daily trips across all routes, equating to approximately 13 weekly trips per individual stop.

The level of general health in Oakville is notably higher than the national average with both young and old age cohorts seeing low prevalence of common health conditions

Oakville shows above-average health outcomes for both younger and older age groups, with low prevalence of common health conditions. Approximately 54% (~1,732 people) have private health cover, compared to 60.6% across Greater Sydney.

The most prevalent medical conditions are arthritis (9.6%) and asthma (6.2%), while 71.9% report no medical ailments, compared to 79.5% in Greater Sydney. Oakville has 22.0% of residents aged 65 and over (703 people), higher than the 9.5% in Greater Sydney. Health outcomes among seniors are notably strong, outperforming the general population in health metrics.

In terms of cultural diversity, Oakville records figures broadly comparable to the national average, as found in AreaSearch's assessment of a number of language and cultural background related metrics

Oakville's cultural diversity aligns with the broader region, where 83.1% were born in Australia, 91.8% are citizens, and 86.1% speak English at home. Christianity is Oakville's predominant religion at 75.5%, compared to Greater Sydney's 55.0%. The top three ancestry groups in Oakville are Australian (25.2%), English (24.1%), and Maltese (14.9%), each exceeding regional averages.

Notably, Croatian (1.3% vs 0.7%), Lebanese (1.4% vs 1.0%), and Italian (5.3% vs 3.8%) groups are overrepresented in Oakville compared to the region.

Oakville hosts an older demographic, ranking in the top quartile nationwide

Oakville has a median age of 44, which is higher than Greater Sydney's figure of 37 and significantly exceeds the national norm of 38. The 65-74 age group comprises 12.1% of Oakville's population, compared to Greater Sydney. Meanwhile, the 25-34 cohort makes up 9.0%. According to the 2021 Census, the 75 to 84 age group has grown from 6.1% to 7.4%, while the 15 to 24 cohort increased from 13.8% to 14.9%. Conversely, the 0 to 4 cohort has declined from 4.2% to 3.3%. Demographic modeling predicts significant changes in Oakville's age profile by 2041. Notably, the 75 to 84 group is expected to grow by 53%, increasing from 236 to 362 people.