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243 Mahoneys Road, Reservoir$735,000
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Soldhouse

243 Mahoneys Road

Reservoir, VIC 3073, Australia
$735,000
4 bed 1 bath 4 car534 m²

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About this property

Some family homes give you a choice. This one gives you several, with a block size that makes them worth considering. Set on approximately 534 square metres, the opportunity is plain to see. Renovate with a contemporary look to suit your style, extend into the backyard, or look at redevelopment potential for one or two dwellings, subject to council approval. It's also a property that can be leased out straight away, while you decide what comes next. The existing layout is easy to work with. A front porch leads into a central hallway, with a large living room off to the left where north-facing corner windows pull in natural light. There's also a gas heater set into stone surrounds and a split-system already in place. Beyond, the plan opens into a dining area and a kitchen along the wall, functional as is, with clear scope to update and open up if you choose. Four generous bedrooms share a bathroom with bath and shower, a separate toilet and a full laundry at the rear. A covered patio looks onto the deep backyard. The four-car garage comes with a sink, lock-up storeroom and an additional shed behind it. There is also a long driveway providing abundant off-street parking for multiple vehicles. Zoned for Moomba Park Primary School and John Fawkner Secondary College. Keon Park and Gowrie stations are close by, giving you the choice of the Mernda or Upfield lines. Buses run past the front door. Mahoneys Road, Campbellfield Plaza, High Street Thomastown, Lalor Shopping Centre, Moomba Park Reserve and Merri Creek Parklands are all within easy reach. The solid-brick bones are here. How you shape them is entirely up to you.

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
4
Bathrooms
1
Parking
4
Land Area
534 m²
Listed
2 months ago

Repayment calculator

$3,563/month
$1,782 /fortnight
Loan $588,000 at 6.10% over 30 years

Upfront costs

Deposit$147,000
Stamp duty$39,170
Conveyancing (est.)$2,000
Total upfront$188,170
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 4-bedroom house in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 5% below the $775,000 median of 63 comparable houseswithin 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

  • Edgars Road (bus)2.1 km away
  • Unnamed1.7 km away
  • Edgars Creek Linear Reserve1.5 km away
  • Wilson Boulevard Reserve1.6 km away
  • Tracey Reserve1.7 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 · House 4 bed

Compound growth +2.2% / yr over 4 yrs

$1.11mcurrent median

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