39 Northernhay St, Reservoir is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1920. The property has a land size of 531m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in May 2022.
An extremely rare offering on 530.7m2 (approx.). of prized land, this predominately original Californian Bungalow is a picture of potential within Reservoir's premium pocket, the prestigious Oakhill Estate. Enhanced by some retained traditional detail, the flexible floor plan currently offers a large lounge, spacious kitchen meals and four bedrooms sharing the original family bathroom. On an allotment that's north-facing, level and deep, it presents a terrific opportunity for a buyer with an eye for value and a vision for the future. Offering vast scope for an inspired renovation and extension that blends the classic and the contemporary, it has appeal as a new home site or potential for re-development (all stca).
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 29,152 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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