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Location

Market Insights for Reservoir VIC 3073

New Listings (last 30 days)

Average price

$580,429

Lowest price

$370,000

Highest price

$790,000

3/63 Lane Crescent, Reservoir VIC 3073

$590,000 - $650,000

Search Band

$590k - $620k Transparent Based on an openly advertised listing price.

Unit 2 beds 1 bath 1 car 179 m²

Listed: 18 days ago

Overview

This beautifully presented two-bedroom unit offers a harmonious blend of comfort, natural light, and low-maintenance living, nestled privately at the rear of an exclusive boutique block of just three residences. Its carefully considered layout maximizes space and functionality, while the north-facing rear yard is an exceptional feature that enhances the property's appeal.

The floorplan is designed to meet a range of lifestyle needs, delivering two generous bedrooms fitted with built-in robes, and complemented by a centrally located bathroom with both shower and bath, alongside dedicated laundry facilities and a separate toilet for added convenience.

At the heart of the home, a modern kitchen with Caesarstone benchtops, a breakfast bench, gas cooking, and a dishwasher overlooks the adjoining meals and living area. This central living zone is awash with natural light, providing an inviting and practical space for everyday living and casual entertaining, seamlessly flowing to the outdoor area.

The north-facing rear yard presents a private and versatile outdoor retreat, ideal for relaxation, social gatherings, or future enhancement, offering significant lifestyle flexibility.

Ducted heating and cooling ensures year-round comfort.
High ceilings add to a sense of spaciousness.
A large lock-up garage with internal access offers security and convenience.

This unit is particularly suitable for first-home buyers, young couples, downsizers, or investors seeking a low-maintenance home with genuine lifestyle appeal and the potential to personalise the space.

Local Market Insights

In Reservoir, Quiet Listings observed 14 new units entering the market over the last 30 days, down from 18 during the previous 30-day period, with an average advertised asking price of $580,429. The property type mix of listed properties is predominantly Houses at 50%, followed by townhouses (28%), and units (18%). The most active agency for units in the Reservoir area is currently Ray White, representing 64% of new listings, followed by Barry Plant with 14%. 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.