FOR SALE
$589,000

1/36 Tambo Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Modern Charm in Reservoir

Situated in the heart of Reservoir, this delightful 2-bedroom, 1-bathroom townhouse offers a perfect blend of comfort and convenience. Low-maintenance and with street frontage, it is ideal for first homebuyers seeking convenience, or investors looking to grows their portfolio.
Downstairs, the two generously sized bedrooms (both with BIR) are serviced by a stylish central bathroom, as well as internal access to the lock-up garage. Walk upstairs to fine a modern kitchen with sleek appliances, ample storage and island kitchen. The open kitchen/dining/living area offers a bright and airy living space, with plenty of functionality. Have your morning coffee and enjoy sunsets on the north-westerly balcony.
Outside you will find a charming courtyard, with an open grassed area, and plenty of room for a barbecue or veggie patch.
The perfect example of great location, this home has easy access to multiple schools, as well as being around the corner from Broadway shopping strip and Northland Shopping Centre. Easy access to trams on Plenty Road and busses also allows for seamless transport to wherever you need to go.
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Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
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Property Details for 1/36 Tambo Ave, Reservoir

1/36 Tambo Ave, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Harcourts Rata & Co.

Building Type
Townhouse

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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 28,263 properties. Over the last 5 years, Houses in Reservoir have seen a 22.36% increase in median value, while Units have seen a 19.72% increase. As at 30 September 2024:

  • The median value for Houses in Reservoir is $917,681 while the median value for Units is $600,755.
  • Houses have a median rent of $530 while Units have a median rent of $490.
There are currently 192 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1042 properties were sold in the past 12 months in Reservoir.

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Tony Lombardi
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