23 New Road
Oak Park, 3046 VIC
House on a 593 m² block with 16m frontage.
Property Snapshot
House4 Bed2 Bath2 Off Street593 m² Land16m Frontage
Investment Highlights
What makes 23 New Road compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
593 m²
Frontage
16m
Zoning
NRZ1
Residential - Low Density
Why Buyers Look At This One
Walkable transport position — approx. 146m to bus, 1.2km to train station and 1.8km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
4
Bathrooms
2
Parking
2 off-street
Internal Area
—
Ownership & Value
Last Sold$1.13M
Sold DateFeb 2026
Land Value—
RPD164\LP11083
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Market Status
Off Market
4 Bed Median
$1.26M
Growth Since 2026
—
Price Estimate
$957kLow
$1.13M
$1.3MHigh
VeryHigh Confidence
—
Since last sold — $1,126,000 — February 2026
Suburb 4 bed house median price over time
Rental Market
Yield, rental pricing and local leasing landscape.
Median Rent
$790
4 Bed Yield
3.3%
Vacancy
1.5%
Rentals Last 12M
10
Suburb 4 bed house median rent over time
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: Bushfire not available in this area. Please check with local council.. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 23 New Road.
Train Station
1.2km
Bus Stop
146m
Schools
1.8km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
0.9%Train Station
1.2kmBus Stop
146mCentre Zone
487mRoad Type
residential (Low Noise)School Catchment
1.8kmOak Park Snapshot
Broader suburb metrics that support the local story.
Population
6,714
Owner Occupiers
67%
Social Housing
0.9%
Crime Index
—
Not available
High Owner Occupier AppealLow Stock on MarketLow Vacancy
Explore Oak Park in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
