FOR SALE
SALE $500,000 - $550,000

1/11 Mahoneys Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
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Space and convenience

This deceptively large brick-veneer unit on a decent allotment, creates a number of exciting possibilities for the astute buyer. You may fall in love with its existing décor, choose to modernise or even rent it as a thriving investment.
Nevertheless, it's not often you find a home of this calibre in such a well-connected location. The spacious accommodation includes three bedrooms serviced by a large bathroom as well as a separate living room and open plan kitchen and meals. The immaculate stone kitchen is equipped with modern appliances and ample storage. The rear grassy yard offers plenty of space for kids to play plus a single garage.
Brilliantly positioned in close proximity to schools, public transportation, major arterials, local shopping hubs and lots more!
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Property Details for 1/11 Mahoneys Rd, Reservoir

1/11 Mahoneys Rd, Reservoir is a 3 bedroom, 2 bathroom Apartment with 4 parking spaces. The place is currently for sale with Ray White Preston.

Building Type
Apartment

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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Reservoir in 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation. In 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.

Reservoir has 28,687 properties. Over the last 5 years, Houses in Reservoir have seen a 14.11% increase in median value, while Units have seen a 13.77% increase. As at 30 November 2024:

  • The median value for Houses in Reservoir is $901,846 while the median value for Units is $601,775.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 137 properties listed for sale, and 72 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1040 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Mathew Marotta
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James Yue
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Ray White Preston
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Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.