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16/9 Seaver Grove, Reservoir$555,000
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16/9 Seaver Grove

Reservoir, VIC 3073, Australia
$555,000
2 bed 1 bath 2 car

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Listing description

About this property

Light-Filled Comfort Moments from Edwardes Lake Tucked away in a quiet and well-connected Reservoir pocket, this charming residence offers an ideal opportunity for first home buyers, downsizers or investors seeking comfort, convenience and lifestyle appeal. Beyond its classic façade, the home reveals a light-filled interior enhanced by a soft neutral palette and well-proportioned spaces throughout. A welcoming living area is bathed in natural light, creating a relaxed setting to unwind, while the adjoining kitchen and meals zone is both functional and inviting, offering ample cabinetry and a practical layout for everyday living. Accommodation comprises two generously sized bedrooms, with the master fitted with built-in storage and large windows that enhance the sense of space and light. They are serviced by a central bathroom complete with both bath and separate shower, catering effortlessly to daily needs. Stepping outside, a private courtyard provides a low-maintenance outdoor space perfect for entertaining or enjoying a quiet morning coffee. A secure garage adds further practicality and convenience. Perfectly positioned just moments from Edwardes Lake Park, local shops, cafés and public transport including Reservoir Station and tram access, this home delivers an exceptional lifestyle with everything at your fingertips.

Property Details

Property Type
apartment
Listing Type
Sold
Bedrooms
2
Bathrooms
1
Parking
2
Listed
2 months ago

Repayment calculator

$2,691/month
$1,345 /fortnight
Loan $444,000 at 6.10% over 30 years

Upfront costs

Deposit$111,000
Stamp duty$28,370
Conveyancing (est.)$2,000
Total upfront$141,370
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Reservoir

This 2-bedroom apartment in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 37% below the $885,000 median of 54 comparable apartmentswithin 5 km.

Schools near Reservoir

  • Northern School For Autismcombined · U · CoEd
  • Holy Name Schoolprimary · Prep-6 · CoEd
  • Maharishi School of the Age of Enlightenmentprimary · Prep-6 · CoEd
  • Reservoir East Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Views Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Unnamed (bus)1.8 km away
  • Unique Hair Design756 m away
  • Reservoir Linear Reserve734 m away
  • Reservoir Linear Reserve955 m away
  • Wat Ganbo Park1.1 km away

Reservoir at a glance

Full suburb profile
Population
51,096
Median age
38
Household income
$1,541/wk
Median rent
$360/wk
Median mortgage
$1,986/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Reservoir is experiencing moderate development activity driven by its proximity to the Metropolitan Ring Road, Reservoir Station (Craigieburn line), and its position as an affordable infill opportunity within metro Melbourne. Council-supported urban renewal around the station and infill residential projects on former industrial sites are the primary development drivers, with a focus on medium-density apartment and townhouse developments rather than greenfield growth.

Nearby projects

5

Closest

0.3 km

Reservoir Station Precinct Improvements

500m1km1.5km2kmReservoir Station Precinct Improvements — 0.3 kmReservoir Mixed-Use Precinct Renewal — 0.5 kmGowrie Street Infill Townhouses — 0.8 kmEdwardes Street Residential Development — 1.2 kmBroadway Commercial Strip Adaptive Reuse — 1.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Reservoir Station Precinct Improvements

0.3 km
InfrastructureUnder construction

Transport interchange upgrades including accessibility improvements, station forecourt activation and improved pedestrian links.

300 m

Reservoir Mixed-Use Precinct Renewal

0.5 km
Mixed-useProposed

Council-led urban renewal around Reservoir Station focusing on medium-density residential with ground-floor retail and improved public realm.

500 m

Gowrie Street Infill Townhouses

0.8 km
Residential subdivisionUnder construction

Medium-density townhouse precinct with approximately 25-35 dwellings on former industrial/underutilised land.

800 m

Edwardes Street Residential Development

1.2 km
Apartment buildingApproved

Multi-storey residential apartment building with approximately 80-120 units near transport corridor.

1.2 km

Broadway Commercial Strip Adaptive Reuse

1.5 km
Mixed-useProposed

Conversion of heritage and underutilised commercial buildings to mixed residential-retail with streetscape improvements.

1.5 km
Source: StMate AI — VIC development trends07/06/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Reservoir price trend

Median sold · Unit 2 bed

Compound growth +2.9% / yr over 4 yrs

$621kcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Reservoir market

This listing

Price history

Price history

Listing price changes & sale

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