59 Northernhay St, Reservoir is a 3 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 439m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last transferred in August 2025.
In a fabulous Oakhill estate location with instant access to a range of lifestyle attractions, this unrenovated home offers an exciting value-adding opportunity for those looking to rejuvenate, modernize and extend (STCA). Past its prime yet brimming with potential, the home's current floorplan includes entrance hallway accessing two large bedrooms and central lounge with gas heater through to the kitchen/meals area, as well as a functional bathroom and separate laundry. Step outside to discover the home's main attraction - a deep backyard with plenty of room to expand! Endless options in an exclusive inner-urban locale, it's walking distance to Regent Station, Plenty Road tram, cafes and vibrant Preston Market shopping precinct, local schools, as well as easy access to parks and trails - what an opportunity!
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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
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 29,148 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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