FOR SALE
AUCTION Sat 23 Nov 1:00pm

7 Keon Parade
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 574m2
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Charming Home with Timeless Appeal

Welcome to 7 Keon Parade, Reservoir, the stunning single story brick veneer residence presents itself to the market for the first time in over 39 years.
Step inside the residence into an intimate entrance hall, opening into your formal living. Continue through to be greeted with a formal dining room/home office. At the rear of the property, you will find your generously sized kitchen area complete with ample storage, sizable dining area and large living area.
Also found within the property are three quality sized bedrooms, two of which are complete with B.I.R. All bedrooms are serviced by the central main bathroom complete with tub and a separate water closet. Furthermore, you could explore the opportunity of development STCA on the 574sqm (approx.) allotment this property has to offer.
Additional features include double lock up garage, ducted heating, air conditioning, laundry room and hardwood floors.
Perfectly located moments away from public transport including Keon Park Station, Johnson Street shops, a short drive to childcare facilities, reputable primary and secondary schools, medical facilities and public recreational facilities.
This is an opportunity not to be missed by first home buyers, families and investors looking to add a quality property to their portfolio.
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Property Details for 7 Keon Pde, Reservoir

7 Keon Pde, Reservoir is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 574m2. The place is currently for sale with Harcourts Rata & Co.

Building Type
House
Land Size
574m2

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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 28,609 properties. Over the last 5 years, Houses in Reservoir have seen a 18.33% increase in median value, while Units have seen a 18.50% increase. As at 31 October 2024:

  • The median value for Houses in Reservoir is $914,960 while the median value for Units is $603,893.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 186 properties listed for sale, and 66 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1017 properties were sold in the past 12 months in Reservoir.

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