FOR SALE
$530,000 - $570,000

7/27-29 Miranda Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Modern Living Combined with Convenient Location

Your new home awaits. This beautifully presented, two-storey townhouse offers a perfect blend of modern living and convenience in one of Melbourne's sought-after suburbs.
The open plan living and dining area is designed for comfort and functionality; two living zones provide ample space for living and relaxation. The kitchen is the hub, with its central island bench ideal for family gatherings and entertaining. Combined with its open layout and stainless-steel appliances, it's a Chef's delight.
A wide staircase leads upstairs to two generous sized bedrooms both with built-in wardrobes and a light-filled bathroom
A private, low maintenance backyard offers the perfect setting for alfresco dining, gardening, or simply unwinding after a long day.
This lock-and-leave residence also features; secure garage with remote control and internal access, central heating, guest powder room and a large Euro-style laundry.
Ideally situated just moments from both Reservoir and Ruthven Train Stations combined with Miranda Road bus route. Featuring everything bustling Reservoir has to offer; parks, schools, shops and cafes, it is perfect for families, professionals and investors alike.
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Property Details for 7/27-29 Miranda Rd, Reservoir

7/27-29 Miranda Rd, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Raine & Horne Ascot Vale.

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.

Suburb Insights for Reservoir 3073

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Pat Latorre
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George Errichiello
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Raine & Horne Ascot Vale
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Disclaimer
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.