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Oak on High offers community and sustainability in a prime location

Market Insights
1 year ago
3 minutes

Situated on the border of Preston and Thornbury, Oak on High is a dream investment for first home buyers who enjoy the lively atmosphere of Melbourne’s eclectic northern suburbs. Preston is currently ranked number 9 in Australia’s top 10 suburbs to invest in. With a median apartment growth rate of 24.34%, this top-performing suburb offers a uniquely opportune chance for home investment.

A lifestyle epitomising Melbourne’s eclectic North

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Preston is a lively, culture-rich community located just 8km north of the CBD. Having evolved from a largely industrial postcode to an area that people from all walks of life call home, this is a suburb that epitomises the lifestyle that Melburnians have come to associate with the northern suburbs.

Preston is home to a vibrant social scene, with plenty of cafes, restaurants and retail within walking distance of your front door at Oak on High. Olivia Social is one such eatery, offering home-style Italian cooking and a welcoming family atmosphere. Welcome to Thornbury is an iconic institution in Thornbury, offering a rotating list of food trucks from around Melbourne and Geelong. Preston Market is one of Melbourne’s few remaining traditional markets, with a range of cuisines, tasty food, locally made crafts and more available.

If you want to explore nearby suburbs like Fitzroy and Collingwood, or make your way into the CBD, you are close to CityLink and the Western Ring Road. If you prefer not to drive, the #86 tram is a two minute walk away, and the #11 is just an 850 metre walk from your front door.

A connected lifestyle

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Oak on High is designed to be a friendly, community-focused neighbourhood. The building features a rooftop with a dining room, kitchen, barbecue, playground and sweeping views of Melbourne’s CBD. There is also a community garden for you to exercise your green thumb, and plenty of undercover nooks to relax in. With a virtual concierge, you’ll be notified of events occurring in these communal spaces.

Individual residences act as a place of refuge from the bustling world outside. Expertly designed by Artisan Architects, the homes at Oak on High demonstrate the simplicity of minimal living. Floorplans feature an open plan layout, whilst being flexible so you can add your own unique touch. Each home also welcomes an abundance of natural light, with every apartment featuring a generous balcony.

Sustainability beyond compare

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Oak on High goes above and beyond when it comes to sustainability, placing its residents and the environment at the forefront of design choices. Some of the residences within this highly considered development have achieved an 8.7 star NatHERS rating, and therefore foster residents’ reduced carbon footprint and reduced cost of energy bills. With a walk score of 91 out of 100, Oak on High is a walker’s paradise. This means you can rely less on driving and reduce your carbon footprint.

Oak on High is situated in an ideal spot that boasts a strong community atmosphere and immense connectivity. Preston also offers the promising prospect of growth. To learn more about Oak on High, or to enquire, click here.