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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

1 Northernhay Street
Reservoir, VIC 3073

Auction 18th July At 12:30pm

House 4 beds 3 baths 4 cars 616 m²
Listed: 6 days ago
Overview

Set in one of Reservoir’s most prestigious neighborhoods, this exceptional period home at 1 Northernhay Street seamlessly blends classic architectural charm with spacious and contemporary living. The property is beautifully framed by a landscaped front garden, welcoming visitors with a wide entrance, lofty ceilings, and engineered timber flooring that enhances the abundant natural light throughout.

The design facilitates family connection with an expansive open-plan kitchen adjoining the meals and family/living areas, perfectly suited for everyday comfort and entertaining guests. The ground floor accommodates three sizable bedrooms, two featuring built-in robes, and one with a walk-in robe. A large study offers versatile space, complemented by an updated main bathroom with a bath, a second full bathroom, and a well-equipped laundry.

Ascending the timber staircase reveals a private upper-level retreat comprising a spacious lounge and an oversized bedroom complete with a walk-in robe and ensuite bathroom, ideal as a master sanctuary or a luxurious guest suite.

Outside, the sunlit backyard presents a delightful setting for year-round outdoor living, including an undercover alfresco area, a cozy fire pit spot for cool evenings, and a quaint rockery pathway along the side garden. The generously sized powered garage, finished with rustic details, has been transformed into a multi-functional space with a wood fire box—an inspiring music room or an intimate sitting area evocative of a serene hillside retreat.

The property offers extensive off-street parking with a long driveway and an extended carport accommodating several vehicles with ease. Modern comforts include ducted heating, evaporative cooling, and ceiling fans, ensuring year-round climate control and comfort.

Lifestyle advantages of the location include proximity to Preston Market and High Street shopping precincts, a variety of multicultural dining options, and close access to Thornbury’s popular cafes. Fitness enthusiasts benefit from nearby gyms, sporting clubs, and studios, while excellent public transport options include Regent and Reservoir train stations and multiple bus routes.

Families will appreciate access to sought-after schools such as Preston Primary, St Gabriel’s, Holy Name, and Preston High School. The property also offers a convenient commute to the Melbourne CBD.

This residence presents a unique combination of prestige, period elegance, and modern versatility in the heart of the Oakhill Estate, providing an outstanding opportunity to secure a distinguished family home where cherished memories await.

Local Market Insights

In Reservoir, Quiet Listings observed 51 new houses entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $970,196. The property type mix of listed properties is predominantly Houses at 48%, followed by units (23%), and townhouses (23%). Ray White was the most active agency in this area, representing 25.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Change History
Headline When
Auction 18th July At 12:30pm
$1,520,000 - $1,590,000
Location
1 Northernhay Street
Reservoir VIC 3073
Market Insights for Reservoir VIC 3073
New Listings (last 30 days)
51
Average price
$970,196
Lowest price
$580,000
Highest price
$1,800,000
Other properties in this postcode

* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.