SOLD
Sold on 16 Dec 2023 for $870,000

1/16 Black Street
Oakleigh East VIC 3166

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 112m2
Land area: 339m2
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Sold By
Gary Peer & Associates Carnegie
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Property Details for 1/16 Black St, Oakleigh East

1/16 Black St, Oakleigh East is a 3 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1950. The property has a land size of 339m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Unit sold in Oakleigh East in the last 12 months.

Building Type
Unit
Year Built
1950
Floor Size
112m2
Land Size
339m2
Local Government
Monash
Lot/Plan
1/PS719112

Last Listing description (December 2023)

Nestled behind a beautifully secluded garden, this charming weatherboard home sits on a compact block, seamlessly blending classic & contemporary elements. Its prime location, just a short stroll away from Oakleigh's bustling cafe scene, Monash University, public transport, the vibrant Huntingdale Road Shopping strip & serene parklands, adds to its allure. Inside, stunning timber floors grace the open plan living & meals area, exuding warmth & character that complements the modern kitchen featuring sleek stone benches. Three spacious bedrooms & a stylish bathroom are further enriched by ducted heating, an outdoor entertainment deck & a single garage with an additional parking spot. This property is the epitome of an ideal residence for first-time buyers, downsizers, investors & young families.

Property History for 1/16 Black St, Oakleigh East, VIC 3166

A timeline of how this property has performed in the market
Last Sold
$870,000
16 Dec 2023
Listed for Rent
$495/w
15 Oct 2020
  • 16 Dec 2023
    Sold for $870,000
  • 21 Nov 2023
    Listed for Sale Not Disclosed
  • 06 Oct 2020
    Listed for Rent $495 / week
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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 3,514 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 12 properties listed for sale, and 11 properties listed for rent in Oakleigh east on OnTheHouse. According to CoreLogic's data, 111 properties were sold in the past 12 months in Oakleigh east.

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