3/16 Margaret Street, Oak Park, Vic 3046

Townhouse
Type
2
Bedrooms
1
Bathrooms
1
Parkings
126 m²
Area

Last updated on Friday, May 08, 2026 ( See property details for 3/16 Margaret Street, Oak Park, Vic 3046)

$600k - $660k

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A modern, low-maintenance townhouse in Oak Park offering easy living, excellent amenities, and strong future growth potential.

🏡 Property Highlights

  • Single-level updated home with modern finishes
  • Located in a desirable neighbourhood surrounded by parklands
  • Zoned for reputable schools including Strathmore North Primary
  • Low-maintenance design ideal for downsizers or investors
  • Close to shops, transport, and CBD just 13km away
  • Secure garage with rear access and ample storage

✨ Key Features

  • Built-in Robes
  • Open-Plan Living
  • Security Screens / Gates
  • Fly Screens
  • Ceiling Fans
  • Waterfront / Views
  • Outdoor Area / Balcony
  • Internal Laundry
  • Home Office / Study Nook
  • Balcony

Oak Park offers a vibrant community with abundant parklands, excellent schools, and convenient access to shops and transport. Residents enjoy outdoor activities along Moonee Ponds Creek Trail and nearby recreational facilities. The area combines suburban tranquility with urban convenience, making it ideal for families, downsizers, and investors. Its proximity to the CBD ensures excellent connectivity and growth prospects.

What is the layout and size of the property?
The property features a single-level, open-plan layout with a total area of approximately 126 square metres, including two bedrooms, a living area, and a backyard with decking.
Are there any recent renovations or updates?
Yes, the bathroom has been recently renovated, and the property features new electrical fittings, freshly sanded and polished floorboards, and updated security features.
What amenities are nearby?
The property is close to shops, medical centres, parks, schools, and public transport options including Oak Park Train Station and bus stops, providing excellent convenience.
Is the property suitable for investment purposes?
Yes, with a potential rental income of approximately $525 to $575 per week, this property offers strong investment potential in a desirable location.
What are the zoning and planning details?
The property is zoned under the City of Merri-bek in the Neighbourhood Residential Zone, suitable for future growth and development.
Are there any upcoming or ongoing developments in the area that could affect the property's value or living environment? Has the property been inspected for any structural issues or defects, especially related to the foundation or roof? Are there any restrictions or easements on the land that could impact future renovations or extensions? What are the total ongoing costs, including strata or body corporate fees, and are there any special levies? Is the property compliant with all local building codes and regulations, particularly for the recent renovations? Are there any known issues with pests, drainage, or flooding risks in the area? What is the history of the property regarding previous repairs or insurance claims? Are there any noise or nuisance issues from nearby roads, construction, or neighbours? What are the terms and conditions of the strata or body corporate management, if applicable? Is there any planned infrastructure or zoning change that could impact the property's future value?

3/16 Margaret Street, Oak Park, Vic 3046 - More Details

$600k - $660k

Type
Townhouse
Bedrooms
2
Bathrooms
1
Parkings
1
Area
126 m²

Price guide

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