Back 1 Northernhay Street
Off Market

1 Northernhay Street

Reservoir VIC 3073

4
3
4
616 m²
House
Last sold for $1,585,000
Nick MylonasNick Mylonas, last sold this property on 23 July 2026 after 30 days on market.

Overview

A Cherished Family Home in the Peaceful Oakhill Estate – Elevated Elegance, Period Charm.

Set on one of Reservoir’s 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 Gabriel’s, Holy Name, and Preston High School. - Quick commute to Melbourne CBD A rare blend of prestige, period grace, and modern versatility in the heart of Oakhill Estate - move in and make it yours.

Features

4 bedrooms
3 bathrooms
4 carspaces
2 open car spaces
2 garage spaces
616 m² lot size
House

Estimated Value

Based on this property and similar 4 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 1 Northernhay Street is $1.17m.

Median value
$1.17m
Estimated value range
$722k - $2.29m
Median days on market
27
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Reservoir. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1 Northernhay Street

2026
Sold
$1,585,000
23 Jul 2026 by Nick Mylonas, of Fletchers Inner North
2020
Sold
Undisclosed
Private Sale/Treaty on 09 Nov 2020 by Nick Mylonas, of Woodards Thornbury
2016
Sold
$910,500
06 May 2016

Happy sellers in Reservoir

89%
89% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 92 reviews in Reservoir over the last 12 months.

Local market activity for 4 bedroom houses in Reservoir

In the last 12 months, 112 four-bedroom houses similar to 1 Northernhay Street, have been sold.

This represents a 7% decrease in four-bedroom houses sales when compared to the previous 12 months.

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