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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for Reservoir VIC 3073
New Listings (last 30 days)
40
Average price
$900,600
Lowest price
$550,000
Highest price
$1,550,000
Other properties in this postcode

55 Botha Avenue, Reservoir VIC 3073

$900,000 - $980,000

Listed: 27 days ago
Updated: 13 days ago
Overview

Situated on a substantial 847-square-metre block, this single-level house offers a unique opportunity for buyers looking to renovate, redesign or rebuild. The original interiors provide a blank canvas allowing the new owner to transform the home while preserving its generous proportions. The living area, warmed by a gas heater surrounded by brick, flows naturally into the dining space and adjacent timber kitchen equipped with a dishwasher, offering a functional layout for everyday living.

The property includes three bedrooms serviced by an updated bathroom featuring full-height tiling, hinting at the potential for modern finishes throughout the house. At the rear, a large sunroom extends almost the entire width of the home, creating a versatile indoor-outdoor connection to the spacious backyard.

  • The expansive backyard accommodates children’s play areas, garden cultivation, and social gatherings around a gazebo plus a separate workshop for hobbies or storage.
  • Parking is ample with a long driveway and garage plus an adjoining kitchen area, supporting up to four vehicles.
  • Opportunities abound for gradual updates, extensions, or potential redevelopment into dual residences or second dwellings, subject to council approval - appealing to developers, renovators or multigenerational families seeking flexible arrangements.

Location-wise, the property is zoned for both William Ruthven Secondary College and William Ruthven Primary School, conveniently positioned within walking distance of public transport including Ruthven and upgraded Reservoir Stations, as well as Reservoir Village, JC Donath Reserve, and Edwardes Lake Park. Additional amenities such as Northland Shopping Centre and easy access to the Metropolitan Ring Road facilitate connectivity for commuting professionals and families.

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 $900,600. The property type mix of listed properties is predominantly Houses at 47%, followed by townhouses (27%), and units (22%). The most active agency for houses in the Reservoir area is currently Ray White, representing 33% of new listings, followed by Nelson Alexander with 30%. 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
$900,000 - $980,000
$950,000 - $990,000