FOR SALE
$590,000 - $640,000

4/1 Griffiths Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Enjoy lifestyle vibrancy set opposite lush wetlands

Expressions of Interest Closing 8th October at 5:30pm
Opposite the tranquil sights of Edwardes Lake parkland, this modern two bedroom, two bathroom apartment presents secure privacy to discerning owner occupiers and investors alike; whilst also boasting stylish finishes and an unmatched lifestyle address. Exclusively set at the rear of a boutique allotment, the ground-floor property has been designed to increase easy living appeal with a flawless changeover between indoor/outdoor space. Enhanced timber floorboards and new light fixtures flow throughout, as the stone-bench kitchen is a delight to navigate and clean. Showcasing premium stainless-steel appliances including Bosch dishwasher, standalone island and ample cabinetry. In the meantime, the flexible meals/family domain leads to an entertainer’s decked courtyard featuring integrated seating. Perfect for relaxed hosting throughout the warmer months, providing plenty of room for a BBQ. Inside, restful bedrooms fitted with mirrored built-in-robes flank the immaculate central bathroom starring corner shower. With the master chamber comprising a complementary ensuite. Further highlighted by split system heating/cooling, European laundry, rainwater tank and utility shed. There is also designated parking via a remote-controlled roller door. Presenting everything needed to live comfortably amongst lush parkland and the thriving eateries on Edwardes Street. Enviably situated just moments to Spring Street amenities, Reservoir Station, bus routes and supermarkets. Additionally offering quick access to iconic Preston Market, Regent Village and schools.
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Property Details for 4/1 Griffiths St, Reservoir

4/1 Griffiths St, Reservoir is a 2 bedroom, 2 bathroom Unit with 1 parking spaces. The place is currently for sale with Jellis Craig 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 28,263 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 184 properties listed for sale, and 65 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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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.