Stylish, Low-Maintenance Living in a Convenient Reservoir Location

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Location

Market Insights for Reservoir VIC 3073

New Listings (last 30 days)

Average price

$598,211

Lowest price

$370,000

Highest price

$790,000

3/31 Erskine Avenue, Reservoir VIC 3073

Auction: $540,000 - $590,000

Search Band

$540k - $594k Low Confidence Calculated based on limited search observations.

Unit 2 beds 1 bath 1 car 139 m²

Listed: 22 hours ago

Overview

This contemporary two-bedroom unit in Reservoir offers an appealing combination of style, low-maintenance living, and excellent connectivity. Its well-considered design prioritizes practical lifestyle needs with a focus on comfort and modern convenience.

The heart of the home lies in its open-plan layout, where the kitchen, dining, and living spaces flow seamlessly to create a central hub perfect for both everyday living and hosting intimate gatherings. Natural light fills the interiors, accentuating the modern finishes and an inviting atmosphere throughout.

The kitchen is a standout feature, intelligently designed to serve both cooking efficiency and social interaction. With quality surfaces, ample storage, and generous preparation areas, it caters well to residents who appreciate both aesthetic appeal and function.

Accommodation includes two generously sized bedrooms equipped with efficient storage options, complemented by a centrally located bathroom featuring a fresh, contemporary style. The home’s layout achieves a fine balance between open living areas and private retreats, enhancing the overall sense of space and usability.

Outside, the private low-maintenance outdoor area offers a relaxing extension of the living space, an ideal spot for casual entertaining or enjoying fresh air without the burden of extensive upkeep. Secure off-street parking adds a practical convenience rarely found in such settings.

The unit’s location further enhances its appeal: positioned in a well-serviced reservoir pocket near multiple schools, shopping centers, public transport options including buses and trams, and an array of recreational and educational facilities. This connectivity makes it a smart choice for a wide range of buyers from first-home buyers and downsizers to investors seeking a manageable and well-located property.

Overall, 3/31 Erskine Avenue is a well-sized, thoughtfully designed home that offers a relaxed lifestyle with easy access to everything this vibrant northern suburb has to offer.

Local Market Insights

In Reservoir, Quiet Listings observed 19 new units entering the market over the last 30 days, up from 18 during the previous 30-day period, with an average advertised asking price of $598,211. The property type mix of listed properties is predominantly Houses at 47%, followed by townhouses (27%), and units (22%). The most active agency for units in the Reservoir area is currently Ray White, representing 74% of new listings, followed by Barry Plant with 11%. 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.