1 Oakes Ave, Clayton South is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1970. The property has a land size of 935m2 and floor size of 73m2.
LANDBANKERS, DEVELOPERS AND INVESTORS will all see value in this magnificent and opportunity filled property which consists of 3 recently updated units all on the same title. Collect the rent and wait as the market takes these values to another level, then develop into 3 or 4 townhouses (STCA) as there is strong precedent in this location for such developments on similar size blocks. Investor may be able to positively gear these properties with the current low interest rates as they return a gross income of approximately $50,000 per annum. Do the maths!
Land Size 21.33 X 42.5 m approx..
Buy now and add to your portfolio before the market moves up again and reap the rewards in the future.
The size of Clayton South is approximately 8.3 square kilometres. There are 17 parks, covering nearly 16.1% of the total area. The population of Clayton South in 2016 was 12642 people. By 2021 the population was 13381 showing a population growth of 5.8% in the area during that time. The predominant age group in Clayton South is 20-29 years. Households in Clayton South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Clayton South work in a professional occupation.In 2021, 57.20% of the homes in Clayton South were owner-occupied compared with 57.10% in 2016.
Clayton South has 7,817 properties. Over the last 5 years, Houses in Clayton South have seen a 1.42% increase in median value, while Units have seen a 13.12% increase. As at 31 July 2026:
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