FOR SALE
AUCTION Sat 23 Nov 2:45pm

15 Elliot Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 1044m2
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Sat 23 Nov 2:45 pm
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Prized Location with Endless Possibilities

Step into a world where the charms of yesteryear meet boundless potential. This delightful brick veneer home, set on a substantial parcel of land measuring approximately 1044m2, offers an exceptional opportunity for families and investors alike who dream of crafting their bespoke residence or undertaking a grand-scale rejuvenation.
Upon entering, one is greeted by a duo of generously sized bedrooms with polished hardwood floors, serviced by a central bathroom, well-suited to the needs of a bustling family life. For anyone who enjoys a bit of natural serenity, the third bedroom is intimately positioned overlooking the striking greenery of the backyard.
The kitchen, heart of the home, is thoughtfully designed, providing a welcoming space to create culinary delights while overlooking a dedicated living/dining area. An additional formal lounge and dining space offer multiple living zones, catering to both intimate gatherings and grander affairs with ease.
The expansive backyard is a canvas of possibilities, ready to transform into a verdant haven or to accommodate further development (STCA). With a single car garage, a useful storage shed, and abundant secure off-street parking - ideal for a caravan, trailer, or work vehicles - the practicalities of modern living are well and truly covered.
Located mere moments from Ruthven station and within a leisurely stroll to vibrant cafes, Edwardes Street shopping precinct, lush recreational parklands including Edwardes Lake Park, and esteemed schools, this home sits in a neighbourhood to be coveted. It's a treasure trove of potential, waiting for visionaries to unveil its next illustrious chapter.
Envisage your future here and let your creative suburban flair flourish in this home that beckons a new generation to make their indelible mark.
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Property Details for 15 Elliot St, Reservoir

15 Elliot St, Reservoir is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 1044m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
House
Land Size
1044m2

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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 28,202 properties. Over the last 5 years, Houses in Reservoir have seen a 18.33% increase in median value, while Units have seen a 18.50% increase. As at 31 October 2024:

  • The median value for Houses in Reservoir is $914,960 while the median value for Units is $603,893.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 181 properties listed for sale, and 60 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1025 properties were sold in the past 12 months in Reservoir.

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