OFF MARKET

4/5 Margaret Street
Oak Park VIC 3046

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 122m2
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Property Details for 4/5 Margaret St, Oak Park

4/5 Margaret St, Oak Park is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2016. The property has a land size of 122m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Townhouse
Year Built
2016
Floor Size
57m2
Land Size
122m2
Local Government
Merri-Bek
Lot/Plan
4/PS712913

Last Listing description (January 2021)

FORTHCOMING AUCTION: (Available to BUY NOW Prior)

A perfect opportunity for a first home buyer to take advantage of this well-appointed Villa Unit in one of Oak Parks most sought-after locales AND in the Strathmore Secondary School Zone. PLUS, at an affordable price tag, this home would also be ideal for an investor to purchase and add it to their portfolio. Contact us today!


THE OBVIOUS:
- Single level brick Villa, built in 2015 approx.
- A cute Villa Unit, w/ Land size of 122m2 approx.
- Building size of 11s/q approx.

THE FINER DETAILS:
- Kitchen with S/S Blanco appliances including dishwasher, stone benchtops with breakfast bench, polished timber flooring
- Sizeable meals & living zones with polished timber flooring
- 2 bedrooms with robes and carpeted flooring.
- Central bathroom with 1500mm shower, single vanity, toilet and tiled flooring
- Additional extras include, Strathmore Secondary School Zone, security alarm system, roller blinds, high ceilings, LED lighting, gas HWS
- Single remote garage with rear access
- Reverse split system heating & cooling in all main areas
- Potential Rental: $350 - $380 p/w approx.
- Body Corp: $250 p/q approx.

THE AREA:
- Zoned under Neighbourhood Residential Zone - Schedule 1
- With the council of the City of Moreland
- Walk to Winifred and Snell Rd shopping area, Oak Park Train station and bus hub
- Surrounded by parks, reserves & local schools
- And only 12km from the CBD with easy City Link and Ring Road and airport access

THE CLINCHER:
- Courtyard with established gardens to enjoy
- Sitting in the ever-trendy Oak Park locale with everything at your doorstep
- Strathmore Secondary School Zone, HUGE PLUS!
- Moonee Ponds Creek trail & Aquatic & Sports Centre near by

PREFERRED TERMS:
- Deposit of 10%
- Settlement of 30/45/60 days

Inspect this home today by clicking the REQUEST / BOOK INSPECTION button as C+M now have registration only private inspections available... Don't MISS out...

Phillip Castro: 0428 097 070
Marwan Abdulwahed: 0420 647 396

Property History for 4/5 Margaret St, Oak Park, VIC 3046

A timeline of how this property has performed in the market
Last Sold
$550,000
16 Dec 2020
Listed for Rent
$350/w
20 Apr 2020
  • 16 Dec 2020
    Sold for $550,000
  • 20 Nov 2020
    Listed for Sale **SOLD $550,000**
  • 14 Apr 2020
    Listed for Rent $350 / week
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About Oak Park 3046

The size of Oak Park is approximately 2.1 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Oak Park in 2011 was 5,772 people. By 2016 the population was 6,205 showing a population growth of 7.5% in the area during that time. The predominant age group in Oak Park is 30-39 years. Households in Oak Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Park work in a professional occupation. In 2011, 74.2% of the homes in Oak Park were owner-occupied compared with 69.6% in 2016.

Oak Park has 3,649 properties. Over the last 5 years, Houses in Oak Park have seen a 15.49% increase in median value, while Units have seen a 4.04% increase. As at 31 October 2024:

  • The median value for Houses in Oak Park is $1,023,255 while the median value for Units is $646,082.
  • Houses have a median rent of $600 while Units have a median rent of $495.
There are currently 13 properties listed for sale, and 5 properties listed for rent in Oak park on OnTheHouse. According to CoreLogic's data, 151 properties were sold in the past 12 months in Oak park.

Suburb Insights for Oak Park 3046

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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.