124 Central Ave, Oak Flats is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 697m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 4 bedroom House sold in Oak Flats in the last 12 months.
Perfectly positioned in the sought-after suburb of Oak Flats, this unique property offers an exceptional opportunity for investors, extended families, or those seeking flexible living arrangements. The home features two self-contained units, providing versatility and potential for dual occupancy or rental income. The first unit includes two bedrooms with built in robes, a comfortable living area, a kitchen with an adjoining dining space, an internal laundry, a main bathroom, and a separate toilet. The second unit offers one bedroom with built in robe, a spacious living area, a kitchen with dining, a main bathroom, a separate toilet, and the flexibility to use the laundry as a second bedroom if desired. Completing the property is a detached double garage providing secure parking and additional storage. Ideally located close to shops, schools, public transport, and the lake foreshore, this versatile Oak Flats property is a rare find with endless potential.
- Two self-contained units offering flexible living or dual occupancy potential
First unit features:
- 2 bedrooms
- Comfortable living area
- Kitchen with adjoining dining space
- Internal laundry
- Main bathroom and separate toilet
Second unit features:
- 1 bedroom
- Spacious living area
- Kitchen with dining area
- Main bathroom and separate toilet
- Internal laundry or potential second bedroom
- Detached double garage providing secure parking and storage
- Close to shops, schools, public transport, and lake foreshore
- Ideal for investors, extended families, or home-and-income opportunities
The size of Oak Flats is approximately 3.7 square kilometres. It has 17 parks covering nearly 11.9% of total area. The population of Oak Flats in 2016 was 6415 people. By 2021 the population was 6840 showing a population growth of 6.6% in the area during that time. The predominant age group in Oak Flats is 60-69 years. Households in Oak Flats are primarily childless couples and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Flats work in a trades occupation.In 2021, 73.70% of the homes in Oak Flats were owner-occupied compared with 75.80% in 2016.
Oak Flats has 3,602 properties. Over the last 5 years, Houses in Oak Flats have seen a 53.23% increase in median value, while Units have seen a 39.99% increase. As at 28 February 2026:
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