Oakleigh

VIC 3166

Oakleigh is a south-eastern Melbourne suburb in the City of Monash, about 15 kilometres from the Melbourne CBD. Railway Avenue and Atherton Road form the main commercial setting around the suburb's historic centre, with Drummond Street adding to the local street grid. Oakleigh station serves Cranbourne and Pakenham line services, and the suburb is a major bus interchange.

Oakleigh is an industrial and distribution precinct, with warehouses and factories, medical or consulting suites, and office suites and floors. The stock spans operational premises and professional accommodation around an established suburban centre. Hughesdale, Huntingdale and Murrumbeena are nearby comparison markets.

48

Active lease listings

commercial properties

$46,500

Median annual rent

asking rent across all listings

123

Median days on market

across all active listings

Lease rate trend

$245/m² p.a.

Median advertised rate

Up 17.8%

Change over 12 months

$227202420252026$274$180Jan 2023Aug 2026

Indicative only: advertised rates across all commercial listing types and sizes in Oakleigh. Drill down to individual listings in MarketBuddy

Listings by sector

21

Industrial, Warehouse and Factories

active lease listings

11

Medical / Consulting

active lease listings

9

Offices

active lease listings

4

Retail and Shops

active lease listings

2

Land and Developments

active lease listings

1

Other

active lease listing

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Last updated 29 August 2026