Back 5/62 Northernhay St
Off Market

5/62 Northernhay St

Reservoir VIC 3073

2
1
1
142 m²
Townhouse
Last sold for $635,000
Adam BassaniAdam Bassani, last sold this property on 19 October 2025 after 40 days on market.

Overview

Low-Maintenance Luxury in the Oakhill Estate

Set quietly at the front of a well-maintained block in the coveted Oakhill Estate; this solid two-bedroom townhouse delivers an ideal combination of comfort, convenience, and low-maintenance living. It boasts a flowing floorplan which pours into a north-light drenched outdoor entertaining area. Whether you're a first-time buyer, downsizer, or investor, this is a property that offers lasting comfort in a highly desirable location. Stepping inside, you're welcomed by a light-filled home office/living area and w/c that creates a sense of modern functionality. The ground floor layout is well-considered, with the kitchen and dining area thoughtfully positioned at the centre of the home. Blending convenience and practicality, it features ample storage. The living area is bright, welcoming, and perfectly placed for everyday entertaining with a relaxed, homely feel. Step outside to a private rear courtyard, a peaceful retreat perfect for unwinding, gardening, or hosting friends. There's plenty of space to create your ideal outdoor seating area or a cozy alfresco escape. The upper level features two generously sized carpeted bedrooms with built-in robes and split system heating/cooling units. The spotless central bathroom strikes a balance between simplicity and functionality. Locally, the property boasts GE Robinson Park at the end of the street and is centrally located between Regent and Reservoir Stations. It is a short walk to local cafes, craft breweries, and the vibrant shopping strip along Edwardes Street. Zoned to Preston Primary School and close proximity to the iconic Preston Market adds to the broad lifestyle appeal of this well-positioned home. This is a fantastic opportunity to secure a freshly landscaped, move-in ready residence in a location that continues to show strong growth and demand. This property offers a smart move in one of the inner-north's most prestigious neighbourhoods.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
142 m² lot size
Townhouse

Estimated Value

Based on this property and similar 2 bedroom townhouses sold in Reservoir over the last 12 months, the estimated median property value of 5/62 Northernhay St is $665k.

Median value
$665k
Estimated value range
$480k - $850k
Median days on market
28
Estimated value trend
4%
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 5/62 Northernhay St

2025
Sold
$635,000
Private Sale/Treaty on 19 Oct 2025 by Adam Bassani, of Ray White Reservoir
2021
Rented
Undisclosed
Leased on 20 Jan 2021 by Ray White Reservoir
2018
Rented
Undisclosed
Leased on 15 Jan 2018 by Ray White Reservoir

Happy sellers in Reservoir

88%
88% 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 114 reviews in Reservoir over the last 12 months.

Local market activity for 2 bedroom townhouses in Reservoir

In the last 12 months, 134 two-bedroom townhouses similar to 5/62 Northernhay St, have been sold.

This represents a 16% increase in two-bedroom townhouses sales when compared to the previous 12 months.

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