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2/38 Mendip Road, Reservoir$750,000
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For Saleapartment

2/38 Mendip Road

Reservoir, VIC 3073, Australia
$750,000
3 bed 1 bath 2 car

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About this property

Tucked away in a quiet and well-kept pocket of Reservoir, this inviting home presents a comfortable and low-maintenance lifestyle in a highly convenient location. Offering a thoughtful and practical layout, the residence has been designed to deliver ease of living from the moment you step inside, making it an appealing option for first-home buyers, downsizers, and investors alike. The central living area forms the heart of the home, filled with natural light that creates a warm and welcoming atmosphere throughout. It offers a relaxed space to unwind, with a sense of openness that connects seamlessly to the rest of the home. Whether it's quiet nights in or casual entertaining, this is a space that easily adapts to everyday living. Positioned to support functionality and ease, the kitchen and meals area provides a practical setting for daily use. With good storage and bench space, it caters comfortably to cooking and dining needs while maintaining a natural connection to the living zone, ensuring the home feels cohesive and easy to move through. Accommodation includes three well-proportioned bedrooms, serviced by a central bathroom. The layout provides a comfortable balance between privacy and shared living spaces, creating a home that is simple, functional, and easy to maintain. Extending the living experience outdoors, a private courtyard offers a low-maintenance space ideal for relaxing, enjoying a morning coffee, or entertaining in a quiet setting. It's a simple, easy-to-maintain area that enhances everyday living. Positioned within easy reach of Broadway shops, local cafés, schools, parklands and public transport, the home delivers a lifestyle of simplicity and accessibility in a consistently sought-after pocket of Reservoir.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
2
Listed
2 months ago

Repayment calculator

$3,636/month
$1,818 /fortnight
Loan $600,000 at 6.10% over 30 years

Upfront costs

Deposit$150,000
Stamp duty$40,070
Conveyancing (est.)$2,000
Total upfront$192,070
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 3-bedroom apartment in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 11% below the $845,000 median of 63 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

  • Ruthven station rail replacement stop (bus)1.7 km away
  • komotis.j2.1 km away
  • Cheddar Road East Linear Reserve1.2 km away
  • Cheddar Road East Linear Reserve1.4 km away
  • Cheddar Road East Linear Reserve1.6 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.

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Suburb market

Suburb price trend

Reservoir price trend

Median sold · Unit 3 bed

Compound growth +2.1% / yr over 4 yrs

$782kcurrent median

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

Full Reservoir market

Within 5km

Nearby Properties

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