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1 Northernhay Street, Reservoir$1.55m
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1 Northernhay Street

Reservoir, VIC 3073, Australia
$1.52m – $1.59m
4 bed 3 bath 4 car616 m²

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About this property

Set on one of Reservoir's most prestigious pockets, this stunning period residence at 1 Northernhay Street marries timeless character with generous contemporary comfort. Framed by a gorgeous, landscaped front garden, the home welcomes you with a wide, graceful entry, soaring ceilings, and engineered timber floors that carry sunlight from every angle. Designed for togetherness, the expansive open-plan kitchen, meals, and family/living zone invites effortless daily living and memorable entertaining. Three generous ground-floor bedrooms include two with built-in robes and one with a walk-in robe, complemented by a large study, an updated central family bathroom with bath, a second bathroom, and a well-appointed laundry. Ascend the timber staircase to a private retreat: a spacious lounge and an oversized bedroom featuring a walk-in robe and ensuite - an ideal parents' sanctuary or luxurious guest haven. Outdoors, a sun-drenched backyard sets the scene for year-round enjoyment with an undercover alfresco area, fire pit setting for cosy nights, and a charming side rockery pathway. The big, powered garage - styled with rustic warmth - has been converted into an inspiring multipurpose space with wood fire box, perfect as a music room or intimate sitting room, evoking the ambience of a Spanish hillside hideaway. A long, wide driveway with extended carport easily accommodates multiple vehicles for abundant off-street parking. Comfort is assured with ducted heating, evaporative cooling, and ceiling fans. Lifestyle location highlights: - Moments to Preston Market, High Street shopping, multicultural eateries, welcome to Thornbury and trendy cafes - Close to a choice of gyms, sporting clubs, and fitness studios - Excellent transport: Regent and Reservoir train stations plus bus routes - Sought-after schools nearby: Preston Primary, St Gabriel's, Holy Name, and Preston High School. - Quick commute to Melbourne CBD A rare blend of prestige, period grace, and modern versatility in the heart of Oakhill Estate - move in and make it yours.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
3
Parking
4
Land Area
616 m²
Listed
3 weeks ago

Repayment calculator

$7,539/month
$3,769 /fortnight
Loan $1,244,000 at 6.10% over 30 years

Upfront costs

Deposit$311,000
Stamp duty$85,525
Conveyancing (est.)$2,000
Total upfront$398,525
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Reservoir

This 4-bedroom house in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 59% above the $980,000 median of 52 comparable houseswithin 5 km.

Schools near Reservoir

  • Northern School For Autismcombined · U · CoEd
  • Holy Name Schoolprimary · Prep-6 · CoEd
  • Maharishi School of the Age of Enlightenmentprimary · Prep-6 · CoEd
  • Reservoir East Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Views Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Ruthven station rail replacement stop (bus)2.1 km away
  • Unique Hair Design2.4 km away
  • Cheddar Road East Linear Reserve1.6 km away
  • Cheddar Road East Linear Reserve1.9 km away
  • Reservoir Linear Reserve2.0 km away

Reservoir at a glance

Full suburb profile
Population
51,096
Median age
38
Household income
$1,541/wk
Median rent
$360/wk
Median mortgage
$1,986/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Reservoir price trend

Median sold · House 4 bed

Compound growth +2.2% / yr over 4 yrs

$1.11mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Reservoir market

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Price history

Price history

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