4 Edith Street, Oak Park VIC 3046

2-bedroom cottage on a 272sqm block | Blue-chip Oak Park pocket | Original character retained | Minutes from station and village This property offers a rare configuration advantage in Oak Park: a freestanding original cottage on a compact but usable block, positioned just two properties in from the street. The 49% building coverage and 5-metre roof height suggest generous internal volume and potential for future rear extension, subject to council approval. The cottage garden frontage and retained character appeal strongly to downsizers and owner-occupiers seeking a lock-and-leave with aesthetic distinction. For investors, the rental yield near $590 per week against a sub-$800k valuation represents solid entry into a tightly held suburb with strong demographic demand from families and professionals priced out of Pascoe Vale and Coburg. The principal risk is the block size: 272sqm limits dual-occupancy or significant subdivision potential, meaning capital growth will track the suburb median rather than outperform through redevelopment. No heritage overlay reduces approval friction, but Moreland Council’s planning appetite for infill is cautious. The NBN Fibre to the Curb and 5G coverage are functional but not value multipliers. The school zoning—Strathmore North Primary and Pascoe Vale Girls Secondary—adds buyer depth. Hold for medium-term capital appreciation driven by location scarcity, or occupy and improve the rear garden zone to lift amenity and exit price.