FOR SALE
Auction Saturday 5th October at 1:30pm

51 Lloyd Avenue
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Auction Time
Sat 5 Oct 1:30 pm
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LOCATION WITH POTENTIAL - CORNER BLOCK APPROX

Providing the perfect combination of position and potential, this cream BV family home will certainly attract a variety of astute purchasers looking for a solid investment with future capital growth in a prime real estate locale and the convenience of having everything you need at your doorstep.
Step outside your front door and stroll down to the vibrant Johnson St Shopping Village, trendy cafes and eateries, the upgraded Keon Park train station for direct commute into the CBD, an abundance of recreational parklands, bike paths, sporting clubs, local schools and easy access to the M80 Ring Road Network.
Sitting on a substantial land size of approx 526m2, this well-maintained home is ready to move in and enjoy today, whilst offering unlimited potential to renovate, extend, redevelop (STCA) or just add your own personal touches to create and transform to suit a modern lifestyle.
Comprising formal lounge room, 3 good sized bedrooms (2 with built-in robes) updated kitchen equipped with 900mm FISHER & PAYKEL cooker, plenty of cupboard space, incorporating meals/ dining area, stylish bathroom and separate laundry.
A fantastic rear yard provides plenty of outdoor space for leisure and entertaining with a huge undercover area/verandah and side access that can accommodate multiple cars or larger vehicles.
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Property Details for 51 Lloyd Ave, Reservoir

51 Lloyd Ave, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The place is currently for sale with Love Real Estate - Thomastown.

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 28,264 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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Ryan Di Natale
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Jude Kattan
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Love Real Estate - Thomastown
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