73 Oakhill Ave, Reservoir is a 6 bedroom, 3 bathroom House with 4 parking spaces and was built in 1930. The property has a land size of 732m2 and floor size of 253m2.
Enjoyed by the one family for 60 years, these two homes on one title constitute one of Oakhill Estate's most intriguing and rewarding properties offering an exclusive lifestyle/investment opportunity with its impressive land component and versatile floorplan options. Expansive family accommodation or dual self-contained residences, the main home's immaculately-presented two-level interior comprises four bedrooms and two bathrooms, study, balcony, lounge and dining, neat kitchen and separate living/TV room. Add to this a second connected 2BR residence with its own bathroom, lounge, dining and kitchen. Other highlights include gas heating, a/c, high ceilings and hardwood floors, security shutters, plus a large north-facing backyard, established gardens and driveways either side - both with carport and garage. Extended living or dual income stream; exciting options either way in an elevated Oakhill location with easy access to all public transport options (buses, trams and trains), local schools and easy access to High Street cafes and Preston Market.
Agent: Nelson Alexander Pty Ltd
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 29,150 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:
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