3/40 Elsey Rd, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 103m2 and floor size of 61m2. While the property is not currently for sale or for rent, it was last sold in February 2021.
Located within a short 400m walk to Ruthven Train Station and only a short drive to Broadway & Edwardes street shopping precinct and 13km To the Melbourne CBD, this Large 1 Bedroom Unit will appeal to singles & couples. Nestled privately in a boutique block it offers a peaceful ambience with an excellent sized rear yard ideal for entertaining. The internal features of the home consist of a spacious Lounge with cathedral ceilings and meals area adjacent to a fully equipped kitchen with Stainless Steel Gas Appliances and plenty of cupboard space. The Master Bedroom offers a huge floorplan whilst there is plenty of wardrobe space, ideal for those with a passion for clothing. Drenched in plenty of natural light the central bathroom offers a shower and there is a Euro style laundry with plenty of space within. The backyard allows for all year round entertaining whilst being private and spacious. Further Features include split system heating/cooling, gas hot water service, Sunblinds and large garage. Inspections are a must!
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 28,592 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:
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