40 New Road, Oak Park, VIC 3046 | Property Value & History | OnTheHouse
OFF MARKET

40 New Road
Oak Park VIC 3046

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 615m2
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Property Details for 40 New Rd, Oak Park

40 New Rd, Oak Park is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 615m2. While the property is not currently for sale or for rent, it was last sold in June 2016.

Building Type
House
Year Built
1950
Land Size
615m2
Local Government
Merri-Bek
Lot/Plan
133/LP11083

Last Listing description (July 2016)

The stars have definitely aligned for this fully renovated four bedroom family home on approximately 616m2 with panoramic views of the city skyline to the south complemented by a favourable north-facing entertaining backyard. Stylishly rendered, the front patio is enclosed by a frameless glass balustrade, contemporary flair continuing within, polished floorboards enhancing a warm interior comprising two spacious living zones. A formal lounge leads to a vast open family domain which extends to a covered outdoor entertaining area, welcoming alfresco dining. An all-white kitchen flaunts sophistication with stainless steel 900mm cooking appliances and dishwasher, plentiful sleek, soft-closing cabinetry and waterfall stone bench island. The bedrooms (BIRs) are generous in dimension and serviced by elegant ensuite and central spa bathrooms. There's also ducted heating, evaporative cooling, ample parking via the driveway and remote drive-through garage plus a separate laundry. Ideally positioned close to Moonee Ponds Creek trails and parkland, Oak Park Primary School, public transport and Pascoe Vale Road shopping precinct.

Property History for 40 New Rd, Oak Park, VIC 3046

A timeline of how this property has performed in the market
Last Sold
$870,000
29 Jun 2016
  • 29 Jun 2016
    Sold for $870,000
  • 11 Apr 2016
    Listed for Sale Private Sale - $895,000
  • 09 Feb 2013
    Sold for $560,000
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About Oak Park 3046

The size of Oak Park is approximately 2.1 square kilometres. It has 16 parks covering nearly 11.1% of total area. The population of Oak Park in 2016 was 6205 people. By 2021 the population was 6714 showing a population growth of 8.2% in the area during that time. The predominant age group in Oak Park is 30-39 years. Households in Oak Park are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Oak Park work in a professional occupation.In 2021, 67.20% of the homes in Oak Park were owner-occupied compared with 69.60% in 2016.

Oak Park has 3,742 properties. Over the last 5 years, Houses in Oak Park have seen a 16.90% increase in median value, while Units have seen a 5.54% increase. As at 30 November 2025:

  • The median value for Houses in Oak Park is $1,074,050 while the median value for Units is $667,568.
  • Houses have a median rent of $610 while Units have a median rent of $520.
There are currently 11 properties listed for sale, and 3 properties listed for rent in Oak park on OnTheHouse. According to Cotality's data, 189 properties were sold in the past 12 months in Oak park.

Suburb Insights for Oak Park 3046

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.