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Overview
1/50 Royal Parade offers a generously proportioned three-bedroom unit designed to support a modern, low-maintenance lifestyle in a highly convenient location. This property caters well to a broad range of potential buyers, including first-home buyers, families, downsizers, and investors, drawing on its practical layout and comfortable living spaces.
The open-plan living, dining, and kitchen areas combine to create a central hub that encourages connectivity and effortless entertaining. Enhanced by a split system for efficient temperature control, these shared spaces afford comfort throughout the year and ample room for day-to-day activities, whether relaxing or hosting guests. The kitchen's generous size and functional design make meal preparation an integrated and engaging experience.
The accommodation features three well-sized bedrooms all fitted with built-in robes for convenient storage. The master bedroom stands out with a private ensuite and its own split system, providing a personal retreat for rest and comfort. Two additional bedrooms share access to a centrally located bathroom, supporting family needs or visitor accommodation adeptly.
Outdoor spaces enrich the lifestyle opportunities, with a private courtyard serving as a tranquil area for entertaining or quiet enjoyment, alongside a securely enclosed front yard that adds privacy and additional versatility. The double lock-up garage supplies secure parking and storage space that enhances day-to-day functionality.
Located near local schools, parks, shopping, cafes, and public transport, the property benefits from excellent amenity access, facilitating a balanced lifestyle where convenience meets comfort. Its combination of sizable living areas, practical bedroom and bathroom arrangements, multiple outdoor options, and ample parking makes this unit a well-rounded choice for many buyers seeking both space and ease.
Local Market Insights
In Reservoir, Quiet Listings observed 15 new units entering the market over the last 30 days, down from 20 during the previous 30-day period, with an average advertised asking price of $586,667. The property type mix of listed properties is predominantly Houses at 49%, followed by townhouses (26%), and units (19%). The most active agency for units in the Reservoir area is currently Ray White, representing 60% of new listings, followed by Nelson Alexander with 13%. 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.
Open for Inspections
Upcoming inspection times scheduled in the next 14 days.
Location
Market Insights for Reservoir VIC 3073
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