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Overview
Positioned on an exceptionally wide corner block of approximately 834sqm, this mid-century residence combines the comfort of established living with exciting development potential. The home boasts an approved planning permit to construct two generous townhouses, each benefiting from its own separate street frontage, offering an excellent opportunity for those looking to invest or develop in this sought-after locale.
The existing house is well-maintained and features three spacious bedrooms, all equipped with built-in robes, providing ample storage and family-friendly accommodation. Two stylish bathrooms service the home, supporting both convenience and comfort for daily living.
Natural light fills the front lounge, creating a welcoming atmosphere, while the open-plan living and dining area flows seamlessly into a functional kitchen outfitted with stainless-steel cooking appliances and a dishwasher, which enhances everyday practicality. Climate control throughout the dwelling is thoughtfully managed with ducted heating, evaporative cooling, and an additional split-system air conditioner, ensuring year-round comfort.
A highlight of the property is the large backyard, designed for outdoor enjoyment and entertaining. It includes a covered alfresco area perfect for gatherings, a substantial workshop suitable for hobbies or storage, multiple handy storage sheds, and secure garage access via a remote-controlled roller door and driveway.
Convenience extends beyond the property boundaries with a bus stop directly in front, local amenities such as the Francis Winifred Cafe and a convenience store nearby, and easy walking access to expansive parklands including the Moonee Ponds Creek Trail. Educational facilities like Oak Park Primary School and Oak Park Kindergarten are within comfortable reach, and access to Oak Park Station and Citylink facilitates straightforward commuting.
This property will appeal to families seeking immediate comfortable living combined with future growth possibilities, renovators wishing to capitalise on the size and location, and investors attracted to the development permit and strong neighbourhood.
Local Market Insights
In Oak Park, Quiet Listings observed 28 new houses entering the market over the last 30 days, unchanged from 28 in the prior period, with an average advertised asking price of $942,679. The property type mix of listed properties is predominantly Houses at 42%, followed by townhouses (33%), and units (11%). The most active agency for houses in the Oak Park area is currently Stockdale & Leggo, representing 46% of new listings, followed by Ray White with 21%. 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.
Location
Market Insights for Oak Park VIC 3046
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