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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: 2 hours ago

Overview

This remarkable residence offers exceptional versatility with its unique configuration of five spacious bedrooms, each complemented by its own ensuite, ensuring privacy and convenience for all occupants. The flexible design includes four bedrooms located upstairs, while the fifth bedroom on the ground floor doubles as a multi-purpose area that can serve as a second living space, formal dining room, home office, or dedicated entertainment zone, catering to diverse lifestyle needs.

The home is fully air-conditioned and features elegant timber flooring that enhances the warmth and character throughout. Sustainability and energy efficiency are emphasized by the inclusion of an 8.3kW solar power system, which contributes to reduced utility costs and a smaller environmental footprint. Security and practicality are addressed with ample parking space capable of accommodating six vehicles within the property boundaries, a rare feature in the area.

Strategically positioned close to a variety of essential amenities, including shopping centers, educational institutions, university precincts, cafés, and public transport options, this low-maintenance property offers both convenience and comfort. Its unique size and layout make it ideally suited for large families seeking individual space for each member, investors targeting a high-yield asset with multiple ensuites, or professionals requiring flexible home office arrangements.

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.