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9 Lane Crescent, Reservoir$840,000
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9 Lane Crescent

Reservoir, VIC 3073, Australia
$800,000 – $880,000
2 bed 1 bath 2 car650 m²

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About this property

Combining classic character with considerable scope, this endearing residence spans across a substantial 650sqm approx. level allotment and presents a blank canvas with incredible scope for the future (STCA). Move straight in and enjoy, lease out with ease, renovate/extend or unlock the land value by transforming the site into a multi-unit development or by building your dream home (STCA). Embracing all the elements required for comfortable living including a brilliant location close to schools and shops, the home opens to reveal an inviting lounge that's adorned with the pleasing attributes of soaring high ceilings and polished floorboards. At the end of the entrance hall, bi-fold doors open through to the functional kitchen and meals zone, while a brilliantly integrated rear study serves as the perfect home office or creative studio, doubling as a spacious laundry with seamless access to a covered outdoor entertaining zone and sizeable backyard with outdoor toilet. Enjoying an abundance of natural light, both bedrooms offer mirrored built-in-robes and are served by a twin vanity family bathroom with toilet. Further appointed by a Rinnai electric heater, air conditioning, security system and security cameras plus a detached double garage. Delivering a lifestyle of convenience, the home is positioned just a short stroll from the state-of-the-art Reservoir Leisure Centre (indoor swimming pools and gym facilities), buses, TW Andrews Reserve, Broadway shops and cafes, Reservoir Train Station and schools, whilst remaining close to Northland Shopping Centre and major arterial roads. This is elite land value with immediate modern utility.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
2
Land Area
650 m²
Listed
3 weeks ago

Repayment calculator

$4,072/month
$2,036 /fortnight
Loan $672,000 at 6.10% over 30 years

Upfront costs

Deposit$168,000
Stamp duty$45,470
Conveyancing (est.)$2,000
Total upfront$215,470
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 house in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 4% above the $810,000 median of 69 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

  • Ruthven station rail replacement stop (bus)1.1 km away
  • milk bar1.5 km away
  • Cheddar Road East Linear Reserve609 m away
  • Cheddar Road East Linear Reserve808 m away
  • Cheddar Road East Linear Reserve1.0 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 2 bed

Compound growth +0.4% / yr over 4 yrs

$696kcurrent 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

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1 price change recorded for this property

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