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32A Hobbs Crescent, Reservoir VIC 3073

$1,050,000 - $1,150,000

Search Band Search Visibility Band

$1.1M - $1.2M High Confidence Calculated based on strong search observations.

House 3 Beds 1 Bath 2 Cars 536 m²

Listed: 2 days ago

Overview

Situated on a sizeable 536sqm parcel in the vibrant suburb of Reservoir, this home masterfully balances practical family living with appealing outdoor entertaining spaces. The property's generous land area offers residents ample scope for activities, gardening, or potential enhancements, fostering an enviable lifestyle with room to grow.

The residence features three bedrooms, thoughtfully designed for comfort and everyday functionality, two of which include built-in robes to help manage storage needs neatly. A central bathroom and a separate toilet contribute to the home's practicality, ensuring convenience for families and guests.

Energy efficiency is a key consideration, enhancing the property's appeal through sustainable living benefits and reduced costs. The living spaces flow well to accommodate both relaxed daily living and more festive social occasions, supported by well-appointed kitchen facilities that encourage culinary pursuits and family gatherings alike.

The outdoor area is a standout element, providing an inviting environment for entertaining or unwinding after a busy day, highlighted by a secure double garage that meets parking and storage requirements comfortably.

This property will cater particularly well to families seeking a reliable home base within reach of Reservoir's amenities, first-home buyers embarking on their property journey, or investors aiming to capitalize on a solid asset in a connected community.

Local Market Insights

In Reservoir, Quiet Listings observed 44 new houses entering the market over the last 30 days, up from 31 during the previous 30-day period, with an average advertised asking price of $1,109,068. The property type mix of listed properties is predominantly Houses at 42%, followed by townhouses (27%), and units (26%). The most active agency for houses in the Reservoir area is currently Ray White, representing 27% of new listings, followed by Nelson Alexander with 20%. 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.