Home/Properties/Reservoir/4/25-27 Elsey Road
4/25-27 Elsey Road, Reservoir$420,000
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4/25-27 Elsey Road

Reservoir, VIC 3073, Australia
$400,000 – $440,000
2 bed 1 bath 1 car

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About this property

Perfectly positioned in a boutique block of just four, this charming single-level unit delivers comfort, convenience and outstanding value, making it an exceptional opportunity for first home buyers, downsizers and savvy investors alike. Enjoy the ease of walking to Ruthven Station, bus services along Cheddar Road, local shops, schools, parks and an array of everyday amenities. Bathed in natural light, the elevated residence showcases beautiful original polished hardwood floors throughout, creating a warm and inviting atmosphere. Offering two generous bedrooms, both complete with built-in robes, the home also features a central bathroom incorporating a laundry plus a separate toilet. The spacious lounge and meals area provides the perfect place to relax and flows seamlessly into the updated kitchen, offering ample storage and functionality. Year-round comfort is assured with an electric wall heater and air conditioning, while a dedicated car space on title adds further appeal. Whether you're searching for your first home, looking to downsize without compromise, or wanting to secure a quality investment, this affordable gem ticks all the boxes. Opportunities like this don't last long, be quick to inspect.

Property Details

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

Repayment calculator

$2,036/month
$1,018 /fortnight
Loan $336,000 at 6.10% over 30 years

Upfront costs

Deposit$84,000
Stamp duty$20,270
Conveyancing (est.)$2,000
Total upfront$106,270
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 49% below the $820,000 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

  • Unnamed (bus)279 m away
  • milk bar428 m away
  • Fyfe Street Reserve89 m away
  • Mccrae Street Reserve149 m away
  • Elsey Road Linear Reserve316 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 · 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

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Price history

Price history

Listing price changes

1 price change recorded for this property

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