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Modern Lifestyle Living in the Heart of Reservoir !!!, Reservoir$690,000
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Modern Lifestyle Living in the Heart of Reservoir !!!

Reservoir, VIC 3073, Australia
Approximate location shown. Contact agent for exact address.
$690,000
2 bed 1 bath 1 car121 m²

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About this property

Set within one of Reservoir's most connected and fast-growing neighbourhoods, this stylish contemporary residence delivers an exceptional combination of comfort, convenience, and low-maintenance modern living. Designed with functionality and everyday practicality in mind, the home offers an outstanding opportunity for first-home buyers, young professionals, downsizers, and investors seeking quality living within a vibrant lifestyle location. Beautifully designed throughout, the residence features 2 spacious bedrooms, 1 modern bathroom, secure parking for 1 vehicle, a dedicated study area, and an impressive 120.5sqm of internal living space complemented by a 13sqm outdoor area, creating a generous total of 133.5sqm. Thoughtfully planned interiors maximise natural light, space, and flexibility while maintaining a refined contemporary aesthetic. The expansive open-plan living and dining area creates a welcoming atmosphere ideal for both everyday relaxation and entertaining guests. Seamless flow between indoor and outdoor spaces enhances the home's sense of openness, while large windows invite abundant sunlight throughout the living zones. At the centre of the home, the designer kitchen showcases quality appliances, elegant stone surfaces, sleek cabinetry, and generous storage, combining sophistication with everyday practicality. The spacious bedrooms offer peaceful private retreats, while the additional study space provides excellent flexibility for working from home, studying, or creating a quiet personal workspace. Perfectly positioned for convenience, residents will enjoy immediate access to Tram Route 86, located only moments away, providing effortless connectivity to Melbourne CBD and surrounding suburbs. Reservoir Railway Station is also nearby, making commuting simple and highly accessible for busy lifestyles. The location is further enhanced by close proximity to major shopping and lifestyle destinations including Preston Market and Northland Shopping Centre, offering supermarkets, cafés, restaurants, retail shopping, entertainment, and essential everyday amenities all within easy reach. Families and students alike will appreciate the outstanding educational opportunities nearby, including Reservoir East Primary School, Preston Primary School, Reservoir Secondary College, La Trobe University, and RMIT Bundoora Campus, making the property highly appealing for both owner-occupiers and long-term investors. Surrounded by local parklands, recreational reserves, and community amenities, the home perfectly balances urban accessibility with a relaxed suburban atmosphere, creating a lifestyle of comfort and convenience in one of Melbourne's increasingly sought-after northern suburbs. Combining contemporary design, spacious proportions, excellent connectivity, and strong lifestyle appeal, this impressive Reservoir residence presents a fantastic opportunity to secure quality modern living with exceptional long-term value. Please contact Simran on 0474778400 or Raj on 0434477122 to book an inspection or for more information. It is to be noted that all images are artistic impressions. Please refer to the floorplan for the actual townhouse.

Property Details

Property Type
townhouse
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Land Area
121 m²
Listed
2 weeks ago

Repayment calculator

$3,345/month
$1,673 /fortnight
Loan $552,000 at 6.10% over 30 years

Upfront costs

Deposit$138,000
Stamp duty$36,470
Conveyancing (est.)$2,000
Total upfront$176,470
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 townhouse in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 15% below the $810,000 median of 62 comparable townhouseswithin 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
  • Unique Hair Design1.3 km away
  • Cheddar Road East Linear Reserve765 m away
  • Reservoir Linear Reserve951 m away
  • Whitby Reserve976 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 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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Within 5km

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