16/40 Valley St, Oakleigh South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 90m2 and floor size of 76m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
Whether you're an astute investor, buying for the first time, or on the hunt for a bright and easy single level downsizer, it is hard to ignore this wonderful 2 bedroom villa unit which is part of an exclusive development in a fabulous Oakleigh South location.
Nestled towards the rear of the block, there are many highlights which accompany this charming residence, including the usage of an enormous back garden which is so rare for a property of this nature. These great highlights continue with quality timber flooring, spacious lounge with excellent natural light, bright kitchen/meals with stainless steel appliances, built-in robes in both bedrooms including the sizeable main bedroom, modern bathroom, laundry, reverse cycle cooling, additional air-conditioning, shed, and a single carport. There is also wide open common areas to utilise!
The size of Oakleigh South is approximately 6.7 square kilometres. There are 17 parks, covering nearly 30.5% of the total area. The population of Oakleigh South in 2016 was 9261 people. By 2021 the population was 9851 showing a population growth of 6.4% in the area during that time. The predominant age group in Oakleigh South is 30-39 years. Households in Oakleigh South are primarily couples with children and are likely to be repaying $3000 - $3999 per month on mortgage repayments. In general, people in Oakleigh South work in a professional occupation.In 2021, 74.00% of the homes in Oakleigh South were owner-occupied compared with 74.90% in 2016.
Oakleigh South has 5,335 properties. Over the last 5 years, Houses in Oakleigh South have seen a 5.81% increase in median value, while Units have seen a 7.53% increase. As at 31 May 2026:
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