147 Broadway, Reservoir, VIC 3073 | House for sale | OnTheHouse
 
FOR SALE
$850,000 - $890,000

147 Broadway
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 715m2
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Classic style, with plenty of potential.

Set to inspire with plenty of potential on offer, this classic property boasts a location loved by many for its close proximity to local amenities. With early mid-century features on display there’s a handful of elements to work with including a feature fireplace, picture rails and a free flowing floor plan. A private porch entrance opens into a separate living area before stepping into an open plan kitchen and dining room. Three generous bedrooms are central to a family bathroom and laundry, before accessing a lovely sunroom that connects to a deep rear yard, that’s surrounded by established trees and garden beds. Added features also include a heating unit, ceiling fans, alarm and a secure garage with off-street parking. This home could be brought to life with a stylish renovation/extension, or the land could easily be transformed into a luxury subdivision (subject to council approval). In a coveted Reservoir pocket, close to recreation, local shopping, schools and public transport – this is a location worthy of any investment.
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Property Details for 147 Broadway, Reservoir

147 Broadway, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 715m2. The place is currently for sale with Jellis Craig Reservoir.

Building Type
House
Land Size
715m2
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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% 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 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.

Reservoir has 29,189 properties. Over the last 5 years, Houses in Reservoir have seen a -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:

  • The median value for Houses in Reservoir is $936,038 while the median value for Units is $652,602.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 116 properties listed for sale, and 102 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1165 properties were sold in the past 12 months in Reservoir.

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Laura Mancin
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Kannan Subramanian
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Jellis Craig Reservoir
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