Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
VIC › Reservoir › Oakhill Ave
$1,062,500
Last sold
4 May 2024
3
Bedrooms
1
Bathrooms
2
Car spaces
515 m²
Land
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.
Price evidence
Last sold
$1,062,500
4 May 2024 · derived via latest_sale
Local land rate: recorded House sales in Reservoir (last 5 years) with land size have a median of $1,355/m² of land (n=54). Districts calculation from recorded sales — not a valuation.
Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Vs Reservoir
+10.1%
Median sale
Suburb $965,000
-0.25 pp
Gross yield
Suburb 2.71%
Suburb median $965,000 from 25 recorded sales (last 12 months) — a Districts calculation, not a portal figure.
Planning
Planning data is being calculated
Data unavailable
Source
Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.
Site
Terrain has not been calculated for this property yet.
Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.
Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.
Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Rental
No advertised rent is recorded. Suburb median rent $502/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
Districts view
Not enough official evidence yet to underwrite this as an investment.
Detail
The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”
Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.
The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.
Evidence
Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.
1 of 10 questions answered so far
Development optionality of this lot
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownVictoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.
Rental supply pressure
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.
Area
Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Ray White BundooraThe perfect start in Reservoir's most exclusive pocket
Welcome to 37 Oakhill Avenue in Reservoir, nestled in the heart of the prestigious Oakhill Estate, Reservoir's most exclusive pocket. This charming residence, set on a generous 515 square meters, promises an unrivaled lifestyle just 12 kilometers from Melbourne's CBD, offering the perfect blend of suburban tranquility and urban convenience.
As you step inside, the warmth of the high-ceilinged interior welcomes you, leading you through a thoughtfully laid out floor plan that includes three cozy bedrooms, a central bathroom complemented by a separate toilet, a spacious living area that seamlessly connects to the separate dining room, and a spacious laundry. The original kitchen adds a touch of character, while ducted heating and split system air conditioning ensure year-round comfort.
The outdoor areas are equally impressive, with a secure backyard providing a safe haven for children to play and a lovely front porch perfect for relaxing with a morning coffee. A side drive leads to a lock-up garage with space for two cars and additional storage under the house ensures practicality is matched with convenience.
This home's location is truly unbeatable, with easy access to an array of amenities including High Street's bustling cafes and restaurants, Regent train station, and tram 86 stops on Plenty Road. Families will appreciate the proximity to esteemed educational institutions like Preston Primary School and Holy Name Primary School, while students will benefit from the close proximity to Latrobe University. Shopping is a breeze with Northland Shopping Centre, Preston Market, and Summerhill Shopping Centre all just a stone's throw away.
This home is a gateway to a lifestyle of ease and accessibility, your perfect start or next chapter in Reservoir.
Land size: 515m2
Deposit: 10% of the purchase price
Settlement preference: 30/60/90 days
Rental assessment: $650 per week
Listing description written by Alice Rossi, Ray White Bundoora — reproduced as published, not verified by Districts.
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