FOR SALE
$580,000

3/54-56 St Vigeons Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
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A STYLISH RENOVATION.

Built in 1975 this unit has had an impressive transformation to accommodate modern living and lifestyle, perfectly set in the middle of this boutique block and surrounded by convenience.
The unit offers rich toned polished timber floors throughout the living spaces, 2 sunlit and generous size bedrooms both with BIR's, central and bright inviting bathroom, third bedroom or home office.
The hub of the home is the fully equipped modern kitchen with stainless steel appliances and breakfast bench ideal for casual meals that overlooks the meals and living area with split system.
Remote lock up garage that steps out a grand size low maintenance courtyard on two levels perfect for outdoor entertaining on the sun-drenched deck area and with added bonus of under floor storage area.
The location is handy to all amenities including Parks, schools, 552 Bus services, local shops and only a short drive to Bundoora Park, La Trobe University, Broadway Shops, Reservoir Station, Plenty Road Tram and so much more.
This property is sure to tick the boxes of first home buyers or astute investors with a possible rental return of $420-$450 per week.
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Property Details for 3/54-56 St Vigeons Rd, Reservoir

3/54-56 St Vigeons Rd, Reservoir is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The place is currently for sale with Barry Plant - 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 28,688 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 157 properties listed for sale, and 69 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1055 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Adrian Antonello
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Barry Plant - 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.