FOR SALE
Sale Price Unavailable

25 Southernhay Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
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A nostalgic vibe with major potential to transform

Expressions of Interest
Set on a block of approximately 586m2, this well-loved three bedroom, two bathroom home is immediately comfortable yet also presents enticing opportunity to savvy families, investors and builders looking to start their next big project. Having once been cherished, it now offers limitless potential with the chance to rejuvenate or build anew when the time is right (STCA). Complemented by a retro character-filled aesthetic, the single-storey property embodies an extremely spacious plan with multiple living domains. The front lounge features an integrated bar, while the timber enhanced kitchen/dining area is equipped in gas cooktop, electric oven, stainless-steel dishwasher and breakfast bar. Outside, a lengthy carport can be utilised as relaxed outdoor entertaining, as the established backyard starring a citrus tree is a great space for kids/pets to enjoy during the warmer months. In addition to this, the generous upstairs retreat is the perfect haven for hosting movie/game night and boasts a second inbuilt bar, plus direct access to the sunny balcony. Further highlights include heating, two-way bathroom/complementary ensuite, built-in-robes and roller shutters. Comprising utility shed, internal laundry and extra driveway parking. Located in a desired pocket, it provides quick access to convenient High Street attractions. Just moments to off-lead dog parks, playgrounds and bike trails. Popular schools, bus routes, Regent Station and Spring Street amenities all within close proximity.
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Property Details for 25 Southernhay St, Reservoir

25 Southernhay St, Reservoir is a 3 bedroom, 2 bathroom House with 4 parking spaces. The place is currently for sale with Jellis Craig Reservoir.

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 28,690 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 150 properties listed for sale, and 71 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1047 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Brian Te
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Colin Abbas
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Jellis Craig Reservoir
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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.