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25 Keon Parade, Reservoir$865,000
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For Salehouse

25 Keon Parade

Reservoir, VIC 3073, Australia
$850,000 – $880,000
4 bed 2 bath 3 car575 m²

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About this property

Positioned in a quiet and tightly held pocket of Reservoir, this beautifully maintained family home combines timeless character, generous proportions and exceptional versatility. Set on a substantial allotment, the inviting residence offers multiple living zones, flexible accommodation and outstanding outdoor space, making it an ideal opportunity for families, investors or those seeking future potential. Beyond its charming façade, the home reveals a well-designed floorplan featuring four spacious bedrooms, a central bathroom, separate study and expansive open-plan living and meals area. The light-filled interior is enhanced by high decorative ceilings, elegant light fittings, warm timber flooring and a seamless flow between the living, dining and kitchen spaces, creating a welcoming atmosphere throughout. The well-appointed kitchen is centrally positioned and overlooks the living zone, offering practicality for everyday family living and entertaining. A generous rear family room opens effortlessly to the large undercover verandah, providing the perfect setting for year-round gatherings while overlooking the expansive backyard. Outside, the property continues to impress with a double carport, garage, separate shed and a large rear yard offering ample space for children, pets or future enhancement (STCA). The versatile layout and generous land dimensions provide exciting scope to renovate, extend or further capitalise on the property's potential. Conveniently positioned within one of Reservoir's most connected and family-friendly pockets, the home enjoys close proximity to local schools, parklands and walking trails, making it ideal for growing families. Keon Park Train Station, bus services and major arterial roads are all within easy reach, ensuring a seamless commute to the CBD and surrounding suburbs. Residents will also appreciate the convenience of nearby shopping precincts, including Broadway and Edwardes Street cafes, local eateries, supermarkets and everyday amenities, while the nearby Metropolitan Ring Road provides excellent access across Melbourne. Combining lifestyle appeal with outstanding accessibility, this location continues to be highly sought after by both owner-occupiers and investors alike.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
2
Parking
3
Land Area
575 m²
Listed
2 months ago

Repayment calculator

$4,193/month
$2,097 /fortnight
Loan $692,000 at 6.10% over 30 years

Upfront costs

Deposit$173,000
Stamp duty$46,970
Conveyancing (est.)$2,000
Total upfront$221,970
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 12% above the $770,000 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

  • Finton Grove (bus)260 m away
  • Audio Lighting Service577 m away
  • Daleglen Reserve291 m away
  • Unnamed366 m away
  • J.C. Donath Reserve554 m 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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Price history

Price history

Listing price changes

1 price change recorded for this property

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