FOR SALE
Auction: $550,000 - $600,000

5/977-979 High Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Auction Time
Sat 21 Sep 3:00 pm
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No upcoming inspections scheduled.
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A Lifestyle Of Five-Star Convenience

First-home buyers, empty nesters and investors - you won't be able to contain your excitement once the keys to this light and bright townhouse in a convenient lifestyle location are in your hand!
Located in a tightly-held block, spend weekends exploring the walking tracks through Edwardes Lake Park Reserve and beyond, while having popular eateries along Edwardes Street and Broadway within a short train ride (via Ruthven train station that's footsteps away) means you're never far from a gourmet meal or quality coffee. Add to the mix outstanding access to Reservoir Primary School, Preston Market, bus services, the Metropolitan Ring Road, sporting facilities and the CBD and the picture becomes crystal clear as to why this location delivers one of the best lock-and-leave lifestyles on offer!
As well as lifestyle, this pristine residence ticks all the boxes from an everyday living aspect and allows you to entertain or unwind in relaxed surroundings. A welcoming living area flows through to a sun-kissed open-plan kitchen/dining area, which delights with its generous proportions and stainless steel appliances. And when you slide the door open, discover a private courtyard perfect for BBQ gatherings with friends.
Two spacious bedrooms are zoned in privacy upstairs and each boast their own private ensuite, while a downstairs study nook, separate laundry accessing a powder room, double-glazed windows, split-system heating/cooling throughout, easy-care landscaped front garden and secure carport parking add further appeal to this very smart buy.
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Property Details for 5/977-979 High St, Reservoir

5/977-979 High St, Reservoir is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Ray White Reservoir.

Building Type
Townhouse

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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 28,264 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 181 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1049 properties were sold in the past 12 months in Reservoir.

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Adam Bassani
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Ebony Maillard
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Ray White Reservoir
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