SOLD
Sold on 05 Jul 2024 for $590,000

5/12 Reid Street
Oakleigh South VIC 3167

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 73m2
Land area: 92m2
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Property Details for 5/12 Reid St, Oakleigh South

5/12 Reid St, Oakleigh South is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 92m2 and floor size of 73m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Oakleigh South in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
73m2
Land Size
92m2
Local Government
Monash
Lot/Plan
5/RP4043

Last Listing description (July 2024)

Refurbished and smartly styled, this villa is also well presented, low maintenance, and modern with a fresh neutral dcor, space and airiness, and copious natural light. It is the perfect abode for relaxing in comfort. Furthermore, it is set at the rear of a peaceful development in a small cul-de-sac that is brilliantly located to amenities.
Open to the entrance foyer, the living room (with split-system A/C) includes a well equipped kitchen with glass splashback and a gas cooktop. Both bedrooms have built-in wardrobes and are serviced by a bathroom with separate toilet and a separate laundry. At the rear of residence is a private, paved courtyard with ample space for outdoor entertaining. An off-street car space and a small shed are included.
The property is in the Oakleigh South Primary School zone, minutes to buses, Oakleigh train station, Oakleigh shops and cafes, and close to parks, Chadstone Shopping Centre, prestigious golf courses, other recreational facilities, Monash University Clayton and Monash Freeway.

Property History for 5/12 Reid St, Oakleigh South, VIC 3167

A timeline of how this property has performed in the market
Last Sold
$590,000
05 Jul 2024
Listed for Rent
$445/w
11 Apr 2023
  • 05 Jul 2024
    Sold for $590,000
  • 05 Jul 2024
    Sold
  • 06 Jun 2024
    Listed for Sale $609,000
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About Oakleigh South 3167

The size of Oakleigh South is approximately 6.7 square kilometres. It has 17 parks covering nearly 30.5% of total area. The population of Oakleigh South in 2011 was 9,140 people. By 2016 the population was 9,245 showing a population growth of 1.1% in the area during that time. The predominant age group in Oakleigh South is 30-39 years. Households in Oakleigh South are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oakleigh South work in a professional occupation. In 2011, 76.4% of the homes in Oakleigh South were owner-occupied compared with 74.9% in 2016.

Oakleigh South has 5,178 properties. Over the last 5 years, Houses in Oakleigh South have seen a 30.16% increase in median value, while Units have seen a 19.99% increase. As at 31 July 2024:

  • The median value for Houses in Oakleigh South is $1,176,865 while the median value for Units is $687,503.
  • Houses have a median rent of $650 while Units have a median rent of $550.
There are currently 14 properties listed for sale, and 12 properties listed for rent in Oakleigh south on OnTheHouse. According to CoreLogic's data, 152 properties were sold in the past 12 months in Oakleigh south.

Suburb Insights for Oakleigh South 3167

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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.