1 Northernhay St, Reservoir is a 4 bedroom, 3 bathroom House with 2 parking spaces and was built in 1923. The property has a land size of 616m2 and floor size of 229m2. While the property is not currently for sale or for rent, it was last sold in August 2026. There are other 4 bedroom House sold in Reservoir in the last 12 months.
Set on one of Reservoirs most prestigious pockets, this stunning period residence at 1 Northernhay Street marries timeless character with generous contemporary comfort. Framed by a gorgeous, landscaped front garden, the home welcomes you with a wide, graceful entry, soaring ceilings, and engineered timber floors that carry sunlight from every angle.Designed for togetherness, the expansive open-plan kitchen, meals, and family/living zone invites effortless daily living and memorable entertaining. Three generous ground-floor bedrooms include two with built-in robes and one with a walk-in robe, complemented by a large study, an updated central family bathroom with bath, a second bathroom, and a well-appointed laundry.Ascend the timber staircase to a private retreat: a spacious lounge and an oversized bedroom featuring a walk-in robe and ensuite - an ideal parents sanctuary or luxurious guest haven.Outdoors, a sun-drenched backyard sets the scene for year-round enjoyment with an undercover alfresco area, fire pit setting for cosy nights, and a charming side rockery pathway. The big, powered garage - styled with rustic warmth - has been converted into an inspiring multipurpose space with wood fire box, perfect as a music room or intimate sitting room, evoking the ambience of a Spanish hillside hideaway. A long, wide driveway with extended carport easily accommodates multiple vehicles for abundant off-street parking.Comfort is assured with ducted heating, evaporative cooling, and ceiling fans.Lifestyle location highlights:- Moments to Preston Market, High Street shopping, multicultural eateries, welcome to Thornbury and trendy cafes- Close to a choice of gyms, sporting clubs, and fitness studios- Excellent transport: Regent and Reservoir train stations plus bus routes- Sought-after schools nearby: Preston Primary, St Gabriels, Holy Name, and Preston High School.- Quick commute to Melbourne CBDA rare blend of prestige, period grace, and modern versatility in the heart of Oakhill Estate - move in and make it yours.
The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation.In 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.
Reservoir has 29,144 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
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