FOR SALE
Auction: $500,000 - $550,000

3/14 Nicholson Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Auction Time
Sat 23 Nov 2:00 pm
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No upcoming inspections scheduled.
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Seeking Convenience, Comfort And A Lifestyle Location?

Wander down the end of the driveway of this block of only three and you'll discover this single level unit that will surprise with proportions that are as appealing as its position!
Desirable situated with only 200 metres from the tram for that easy trip one way to La Trobe Uni and the other to High Street and onto the city. It enjoys easy access to schools, parks and the Summerhill Village shopping centre. Northland with its shopping and cinemas is just a short drive away as is the Reservoir Station for the zone-1 trip into town.
The fabulous floorplan, offering a wonderful sense of space, introduces two bedrooms including generous master with walk in robe, and the convenience of direct access to the family bathroom. Full size laundry with plenty of storage and a light filled open plan living that stretches the entire width of the home. Including a generous modern kitchen showcasing stainless steel appliances including a dishwasher, walk in pantry and plenty of bench space, with huge dining area. It opens to an easy to manage courtyard waiting for your landscaping input.
Also includes central heating, air conditioning, lock up shed, lock up garage, rainwater tank, and whether you are looking to live in or let out it deserves your attention!
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Property Details for 3/14 Nicholson Ave, Reservoir

3/14 Nicholson Ave, 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 28,595 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 202 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1043 properties were sold in the past 12 months in Reservoir.

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Keb Nguyen
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Selena Peng
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Ray White Reservoir
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