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5/3 Griffiths Street, Reservoir$580,000
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For Saleapartment

5/3 Griffiths Street

Reservoir, VIC 3073, Australia
$570,000 – $590,000
2 bed 1 bath 1 car

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About this property

Nestled at the rear of a boutique block of just five single-storey units, this beautifully maintained home offers privacy, comfort, and a wonderful sense of community. Perfectly positioned opposite the picturesque Edwardes Lake Park, you'll enjoy scenic walks, picnic areas, barbecues, and an enviable lifestyle right at your doorstep. Designed for year-round comfort, the home features premium Magnetite windows that help keep the cold, heat, and outside noise at bay, along with ducted heating and a split-system air conditioner to ensure a comfortable living environment in every season. Step inside and discover a spacious lounge flowing through to a modern kitchen complete with stone benchtops and a meals area. Offering two generous bedrooms with built-in robes, a central bathroom, private low-maintenance rear courtyard, and a carport, this inviting residence is ready for you to move straight in and enjoy. Conveniently located within walking distance to cafés, pizza shops, sporting grounds, schools, kindergartens, bus services, Reservoir Railway Station, and the vibrant Edwardes Street shopping precinct, this is an outstanding opportunity for first-home buyers, downsizers, and savvy investors alike. A cosy, comfortable home in a sought-after parkside location-simply move in and start enjoying the lifestyle.

Property Details

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

Repayment calculator

$2,812/month
$1,406 /fortnight
Loan $464,000 at 6.10% over 30 years

Upfront costs

Deposit$116,000
Stamp duty$29,870
Conveyancing (est.)$2,000
Total upfront$147,870
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 38% below the $935,000 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)1.4 km away
  • Unique Hair Design652 m away
  • Reservoir Linear Reserve471 m away
  • Reservoir Linear Reserve644 m away
  • Whitby Reserve836 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

2 price changes recorded for this property

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