FOR SALE
$1,350,000 - $1,370,000

38 Oakhill Avenue
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 1
Car spaces: 1
Land area: 661m2
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Charming Period Home on a Prime Corner Block with Exciting Development Potential

Step into elegance and charm with this stunning residence located at 38 Oakhill Ave in sought-after Oakhill Estate. This home boasts exquisite art deco features, including stunning decorative ceilings that exude character and sophistication.
Featuring 4 large bedrooms, a spacious lounge and dining area with an inviting open fireplace, this home provides the perfect setting for cozy nights with family and friends. The generous 661m2 corner allotment offers ample space and privacy with exciting development potential (S.T.C.A).
Enjoy the sunroom that overlooks the large landscaped backyard, providing a peaceful retreat for relaxation or entertaining. The well-appointed kitchen and bathroom enhance the functionality of this delightful residence.
Conveniently located within walking distance to local schools, shops, and public transport, this property offers both comfort and convenience in one. Don't miss the opportunity to make this prestigious Oakhill estate your new home sweet home! 🌟
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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
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Property Details for 38 Oakhill Ave, Reservoir

38 Oakhill Ave, Reservoir is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 661m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
House
Land Size
661m2

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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Reservoir in 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation. In 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.

Reservoir has 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:

  • The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 181 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1049 properties were sold in the past 12 months in Reservoir.

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