FOR SALE
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11 Arbor Avenue
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
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CONSTRUCTION COMMENCED: Upmarket Luxury Available Off The Plan

Balancing high-end quality and luxurious finishes in a low-maintenance two-storey design, these two ultra-contemporary side-by-side executive residences offer an elite
standard of living in a prized lifestyle pocket.
Offering generously proportioned yet easy-to-maintain four-bedroom floor plans, these street-facing homes are peerless in what they offer - an upmarket living experience that's refreshingly different and exceeds every expectation. Designs for both residences boast an alfresco entertaining area with in-built BBQ, two living areas, deluxe accommodation, three chic, fully-tiled bathrooms, own street frontage, a private driveway leading into a remote single garage with an additional front car space, no common land; and a beautifully designed gourmet kitchen flaunting Boston Oak and Oyster Grey cabinetry with a Slimline Shaker profile, soft-close doors and drawers, Stone Ambassador Ottoman Grey benchtops and splashback, Bosch appliances (induction cooktop, electric oven, integrated rangehood and dishwasher) and a spacious
breakfast bar with ample seating space.
As you'd expect, both ultra-luxurious residences are of the highest quality boasting an extensive list of high-end inclusions such as a 6-star energy rating, oak-engineered flooring to the living, kitchen and hallway, 2,340mm doors throughout, Panasonic ducted split-system heating and cooling, open-tread staircase, landscaped gardens, exposed aggregate concrete to the rear patio and front porch; and more!
Be quick to secure your place in this exclusive development and enjoy living a short walk away from Reservoir West Primary School, Coburg Hill Shopping Centre, cafés, the No. 11 Tram, sporting facilities and Edwardes Lake Park.
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Property Details for 11 Arbor Ave, Reservoir

11 Arbor Ave, Reservoir is a 4 bedroom, 3 bathroom House with 2 parking spaces. The place is currently for sale with Ray White Preston.

Building Type
House

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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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Chris Michael
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Sebastian Sorce
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Ray White Preston
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Disclaimer
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.