FOR SALE
Auction: $420,000 - $460,000

1/9 Lake Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Auction Time
Sat 21 Sep 2:00 pm
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No upcoming inspections scheduled.
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Your Perfect 2-Bedroom Retreat

Low maintenance and just moments to Reservoir's popular local lifestyle assets, this neat and tidy two-bedroom unit will find favour among empty nesters, first-time buyers and smart investors alike.
Living a stones throw away from Edwardes Lake Park means you can start the day with a scenic morning walk or jog before hopping on a city-bound train at Reservoir train station for work.
This unit is designed for low-maintenance living, featuring easy-to-clean surfaces and minimal upkeep requirements. Inside, you'll find two well-proportioned bedrooms that enhance the unit's spacious feel. As well as the well-appointed kitchen adjoining a dining area.
Step outside to your private outdoor space leading into a single car garage. Additional benefits include dedicated parking and proximity to local shops, cafes, and public transport, ensuring you remain well-connected.
Whether you're a busy professional or seeking a straightforward investment, this unit offers the perfect mix of style, convenience, and practicality. Don't miss this opportunity-schedule a viewing today and make this charming unit your new home!
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Property Details for 1/9 Lake St, Reservoir

1/9 Lake St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Ray White Reservoir.

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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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:

  • The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 181 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1049 properties were sold in the past 12 months in Reservoir.

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Adam Bassani
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Ebony Maillard
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Ray White Reservoir
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