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Overview
This charming property at 44 Compton Street, Reservoir, presents an engaging blend of timeless character and practical potential, ideally located within a well-established community. Set on a generous 613 square meter block, the home offers substantial scope for enhancement, renovation, or extension, supported by a solid foundational structure.
Its location is highly convenient, within easy walking distance to Edward Street Shopping Village, Reservoir Station, local bus routes, reputable schools, and the picturesque Edwards Lake. This accessibility enriches day-to-day living, placing essential amenities and leisure options close at hand.
The residence features two spacious bedrooms and a well-proportioned central bathroom, suitable for small families, couples, or those seeking a property with future development possibilities. A separate kitchen and a light-filled open-plan living and family zone provide versatile space for daily living and entertaining. The adjoining alfresco area extends the home’s functional footprint, offering a relaxed setting for outdoor gatherings.
Period attributes are beautifully maintained, including soaring high ceilings that enhance the sense of space, elegant leadlight windows that infuse the interior with soft natural light, an iconic bay window adding architectural interest, and enduring Baltic pine flooring that exudes warmth and character throughout. These features collectively create a welcoming atmosphere and strong visual appeal.
Modern necessities such as heating and cooling systems are integrated for year-round comfort, while off-street parking with room for three vehicles adds significant practicality. This combination of classic beauty and functional amenity positions the property as a distinctive choice for owner-occupiers or investors interested in a character home with long-term value.
Overall, 44 Compton Street embodies a rare opportunity to embrace a property rich in heritage charm while providing a blank canvas for personalisation and expansion. It promises a lifestyle of convenience, comfort, and character in a sought-after Reservoir location.
Local Market Insights
In Reservoir, Quiet Listings observed 40 new houses entering the market over the last 30 days, up from 35 during the previous 30-day period, with an average advertised asking price of $992,000. The property type mix of listed properties is predominantly Houses at 38%, followed by townhouses (29%), and units (22%). Ray White was the most active agency in this area, representing 30.0% 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.
Change History
| Headline | When |
|---|---|
| Private Sale $990,000 | |
| Auction $900,000 - $990,000 |
Location
Reservoir VIC 3073
Market Insights for Reservoir VIC 3073
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