5/38 Macartney Street, Reservoir, VIC 3073 | Townhouse for sale | OnTheHouse
FOR SALE
Price Guide $600,000-$650,000

5/38 Macartney Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
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Contemporary Comfort in a Connected Reservoir Location

OFFERS CLOSE MONDAY SEPTEMBER 28 AT 5PM UNLESS SOLD PRIOR
Stylish, low-maintenance and thoughtfully designed across two levels, this contemporary two-bedroom, two-bathroom residence delivers an easy lifestyle with modern interiors, generous living spaces and a private outdoor area, all in a convenient Reservoir setting.
The ground floor welcomes you into a comfortable living area finished with warm timber flooring and split-system heating and cooling. Flowing through to the kitchen and dining zone, the modern kitchen features crisp white cabinetry, excellent storage, quality appliances and a generous island bench, while the adjoining dining area enjoys plenty of natural light and direct access to the rear courtyard.
Upstairs, two well-proportioned bedrooms provide comfortable accommodation, with built-in storage and split-system heating and cooling adding to the everyday appeal. Two modern bathrooms are finished in fresh neutral tones, creating a practical layout ideal for couples, small families, professionals or those wanting flexibility for guests or working from home.
Outside, the private and secure courtyard provides an easy-care space for entertaining, enjoying a morning coffee or relaxing outdoors, while the garden shed adds valuable additional storage. Timber flooring, multiple split systems and contemporary finishes throughout complete a home designed for effortless modern living.
The location adds another layer of appeal, placing you within easy reach of Reservoir’s thriving shopping, dining and transport options. Edwardes Street and Broadway shopping precincts, Ruthven Station, local cafés, schools, parks and recreational facilities are all conveniently accessible, while nearby major roads and public transport connections make commuting into the CBD and surrounding suburbs simple.
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Property Details for 5/38 Macartney St, Reservoir

5/38 Macartney St, Reservoir is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Darren Jones Real Estate.

Building Type
Townhouse
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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 -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:

  • The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
  • Houses have a median rent of $600 while Units have a median rent of $538.
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.

Suburb Insights for Reservoir 3073

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Max Jones
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Dillon Pote
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Darren Jones Real Estate
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.