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Property in Reservoir VIC 3073

For Sale - $1,290,000

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$1.29M - $1.35M Transparent Transparent Listing Based on an openly advertised listing price.

House 5 Beds 5 Baths 6 Cars

Listed: 1 hour ago

Overview

This exceptional five-bedroom house in Reservoir stands out for its remarkable versatility and expansive living space, perfectly suited for a large family or investors seeking a unique property. One of the home's defining features is that each bedroom is complemented by a private ensuite, a rare luxury that ensures ample privacy and convenience for all occupants.

The flexible layout allows for functional adaptations; with four bedrooms on the upper level and a fifth bedroom on the ground floor, which can be easily used as an additional living area, formal dining room, home office, or entertainment space to suit varying lifestyle needs. This flexibility enhances the property's appeal to diverse buyers looking for customized living options.

Comfort is prioritized throughout the residence, which is fully air-conditioned and features timber flooring that adds both warmth and elegance. The inclusion of a high-capacity 8.3kW solar system highlights the property's energy efficiency, reducing running costs and environmental impact.

Outdoor lifestyle and convenience are well catered for with secure parking available for up to six vehicles within the property, an ideal arrangement for families with multiple cars or those who entertain frequently. Additionally, the home's positioning in close proximity to shops, schools, university precincts, cafés, and public transport enhances everyday convenience and accessibility.

The extensive feature list includes modern kitchen and bathroom facilities, formal lounge, BBQ area, garden, rainwater tank, security lighting, intercom system, built-in storage, internal laundry, remote garage, study area, broadband connectivity, dishwasher, balcony, grey water system, solar panels, deck, and fully fenced grounds. These aspects combine to offer a low-maintenance lifestyle without compromising on comfort or utility.

This property offers a sound investment in a quiet location with easy access to urban amenities, making it a compelling choice for families seeking a spacious home with private accommodations for all members or investors looking for a distinctive offering in a desirable suburb.

Local Market Insights

In Reservoir, Quiet Listings observed 44 new houses entering the market over the last 30 days, up from 34 during the previous 30-day period, with an average advertised asking price of $1,042,932. The property type mix of listed properties is predominantly Houses at 48%, followed by units (24%), and townhouses (22%). The most active agency for houses in the Reservoir area is currently Ray White, representing 30% 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.