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1407 North Road
Oakleigh East VIC 3166

Bedrooms: 5
Bathrooms: 1
Car spaces: 3
Land area: 924m2
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Imagine The Possibilities On 924sqm!

All the ingredients required for your recipe of future success are here in a big way, making this potential-rich property an enticing option for the buyer with vision.
The huge 921sqm (approx.) allotment is perfectly scaled and proportioned for multiple townhouses (STCA). Additionally, there's the original five-bedroom family home, which can be leased out while awaiting plans and permits approval.
Now add to the mix a dream location that's within short walking distance of Clayton train station, bus services, Clayton North Primary School, Monash Medical Centre, Monash University, parks and Clayton Road shops and cafes and just minutes away from the Monash Freeway, prestigious golf courses and Chadstone Shopping Centre and this is certainly an opportunity of a lifetime.
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Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs.
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Property Details for 1407 North Rd, Oakleigh East

1407 North Rd, Oakleigh East is a 5 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 924m2. The place is currently for sale with Professionals First & Co.

Building Type
House
Land Size
924m2

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About Oakleigh East 3166

The size of Oakleigh East is approximately 2.1 square kilometres. It has 6 parks covering nearly 5.4% of total area. The population of Oakleigh East in 2011 was 5,972 people. By 2016 the population was 6,432 showing a population growth of 7.7% in the area during that time. The predominant age group in Oakleigh East is 20-29 years. Households in Oakleigh East are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh East work in a professional occupation. In 2011, 62.8% of the homes in Oakleigh East were owner-occupied compared with 61.4% in 2016.

Oakleigh East has 3,489 properties. Over the last 5 years, Houses in Oakleigh East have seen a 23.34% increase in median value, while Units have seen a 10.14% increase. As at 31 October 2024:

  • The median value for Houses in Oakleigh East is $1,286,974 while the median value for Units is $841,427.
  • Houses have a median rent of $650 while Units have a median rent of $610.
There are currently 18 properties listed for sale, and 9 properties listed for rent in Oakleigh east on OnTheHouse. According to CoreLogic's data, 101 properties were sold in the past 12 months in Oakleigh east.

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Tony Che
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Bryson Shen
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Professionals First & Co
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