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Overview
Set on a generous flat allotment in one of Reservoir's most convenient and family-friendly pockets, this much-loved home presents an ideal opportunity for young families, first home buyers, or those seeking to create their forever home.
Immersed in warmth and character, the residence offers three generous bedrooms, including a spacious master bedroom. It features a central bathroom with a separate WC, a comfortable front living room, and a practical kitchen with an adjoining meals area. Buyers can move in immediately, update over time, or renovate to suit their lifestyle preferences.
The standout feature of this property is its expansive backyard. It provides abundant space for children and pets to play, weekend entertaining, gardening, or even potential future extensions subject to council approval. A lock-up garage and a gated side driveway add convenience and functionality to the home.
The location is superb, with the home positioned within walking distance to Edwardes Lake Park, local bus services, popular cafés and restaurants along Gilbert Road, Edwardes Street shopping precinct, schools, and everyday amenities. This blend of convenience and community is highly sought after.
Whether taking the first step into the property market or seeking space to grow, this listing represents a rare opportunity to secure a sizeable parcel of land in a desirable location with the added potential for future redevelopment subject to council approval.
Local Market Insights
In Reservoir, Quiet Listings observed 51 new houses entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $970,196. The property type mix of listed properties is predominantly Houses at 48%, followed by units (23%), and townhouses (23%). Ray White was the most active agency in this area, representing 25.2% of all new listings in the last 30 days. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.
While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.
Location
Reservoir VIC 3073
Market Insights for Reservoir VIC 3073
* Search brackets are a technical classification derived from unverified metadata set by the listing agent for search filtering. It is not an official price guide, a valuation, or a representation of the seller's reserve. This data is provided for search transparency purposes only.
