1A Lincoln AvenueOakleigh VIC 3166
Property Details for 1a Lincoln Ave, Oakleigh
1a Lincoln Ave, Oakleigh is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 1128m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 4 bedroom House sold in Oakleigh in the last 12 months.
Last Listing description (August 2024)
* Offers Closing 25th of June at 6pm
The artistic vision which inspired this 1940's original home has lost none of its charm in the intervening 80 years. If anything, it has only gained in significance, being one of the few remaining homes of such style in the area.
While the property sits within the residential growth zone - schedule 3, it feels complete, standing bold and resolute in the face of changing priorities, its classical composition, material palette, and internal layout reflecting a timeless elegance. The bay-window bedrooms, rear sunroom, art-deco motifs, and open-fireplace convey a sense of self-confidence in a property that remains as noble now as when it was built.
However, as the local area has changed, this property must change too. There is a clear pathway to build up to five townhouses on the site (STCA), affirmed by neighborhood development precedence. The building envelope stands at 1128 sqm (approx) and suits a range of visions, from comprehensive renovation and luxury home ownership to multi-unit investment.
Eminently positioned within an historic Oakleigh quarter, all decisions benefit from the property's proximity to Oakleigh station, Eaton Mall, Oakleigh Recreation Centre & local sports fields, Chadstone SC, and the M1 Freeway.
* Proposed plan is a concept only drawing and is in no way endorsed or approved by Council. We recommend you also conduct your own feasibility & research. Happy to share the architects upon request.
Property History for 1a Lincoln Ave, Oakleigh, VIC 3166
- 30 May 2024Listed for Sale Not Disclosed
- 12 Mar 2024Listed for Sale $1,625,000
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About Oakleigh 3166
The size of Oakleigh is approximately 3.5 square kilometres. It has 11 parks covering nearly 10.8% of total area. The population of Oakleigh in 2011 was 7,534 people. By 2016 the population was 7,891 showing a population growth of 4.7% in the area during that time. The predominant age group in Oakleigh is 20-29 years. Households in Oakleigh are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh work in a professional occupation. In 2011, 67.3% of the homes in Oakleigh were owner-occupied compared with 64.4% in 2016.
Oakleigh has 5,489 properties. Over the last 5 years, Houses in Oakleigh have seen a 10.76% increase in median value, while Units have seen a -3.32% decrease. As at 30 November 2024:
- The median value for Houses in Oakleigh is $1,292,287 while the median value for Units is $604,177.
- Houses have a median rent of $680 while Units have a median rent of $575.
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