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Overview
Situated on an expansive allotment of approximately 853m², this well-cared-for house offers versatile living options that cater perfectly to families looking for space, multi-generational arrangements, or investors seeking multiple income streams. The property uniquely incorporates a self-contained bungalow at the rear, providing privacy and independence for extended family or potential rental tenants.
The main residence is designed with comfort and convenience in mind. Its spacious living area invites relaxation, while the practical kitchen adjoining a meals space supports everyday family dining and entertaining. Four generous bedrooms and a central bathroom accommodate the household’s needs efficiently. The inclusion of separate laundry facilities and abundant storage throughout enhances daily functionality.
The self-contained bungalow is a valuable addition, featuring a bedroom, living area, kitchen, and bathroom, ideally suited for guests or long-term tenants, which adds considerable flexibility to the property’s use.
- Ample off-street parking is available via a long driveway and a secure garage, complemented by an additional storage shed for extra utility.
- The expansive backyard creates an ideal setting for outdoor entertaining, children’s play, or future enhancements, subject to relevant approvals.
- Solar panels reduce energy costs and contribute to sustainable living.
Conveniently located, the property enjoys easy access to educational institutions including Reservoir Views Primary School and William Ruthven Secondary College, as well as excellent public transport links like the Reservoir Train Station and local bus routes. Nearby shopping precincts such as Broadway and Summerhill provide ample retail options, and the proximity to parklands and major arterial roads enhances lifestyle and connectivity.
This residence offers a flexible, spacious living environment with significant future potential, suited to those seeking a home with room to grow and adapt within a thriving Melbourne suburb.
Local Market Insights
In Reservoir, Quiet Listings observed 37 new houses entering the market over the last 30 days, down from 44 during the previous 30-day period, with an average advertised asking price of $891,054. The property type mix of listed properties is predominantly Houses at 49%, followed by townhouses (25%), and units (21%). The most active agency for houses in the Reservoir area is currently Nelson Alexander, representing 32% of new listings, followed by Ray White with 27%. 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.
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Location
Market Insights for Reservoir VIC 3073
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