7 Lloyd Avenue, Reservoir, VIC 3073 | House for sale | OnTheHouse
FOR SALE
Auction $700,000 - $770,000

7 Lloyd Avenue
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 571m2
Auction Time
Sat 5 Sep 1:00 pm
Inspection Times
No upcoming inspections scheduled.
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Charming Classic with Endless Potential at 7 Lloyd Avenue, Reservoir

Positioned in a highly desirable Reservoir location, 7 Lloyd Avenue presents a classic weatherboard residence brimming with warmth, character, and opportunity.
Set back behind a tidy front lawn, the home offers immediate street appeal with its neat white facade, deep driveway, long covered carport, and welcoming front entry porch. Inside, the home highlights classic period charm with polished hardwood timber floorboards, picture rails, and soaring high ceilings complete with decorative ceiling roses. The light-filled front living room (4.5m x 3.6m) provides a cozy retreat, equipped with a split-system heating/cooling unit and a feature stone-surround hearth with an integrated gas heater.
Accommodation comprises three well-proportioned bedrooms, including a main bedroom (3.5m x 4.2m) overlooking the front garden. They are serviced by a contemporary, fully tiled central bathroom complete with a modern vanity and a frameless glass walk-in shower. The heart of the home features a functional kitchen space (3.5m x 3.4m) with an adjacent pantry store, flowing into a dedicated laundry room and a separate toilet. Extending off the rear is a spacious enclosed veranda featuring elegant timber French doors, offering a versatile space ideal for a sunroom, home office, or indoor-outdoor entertaining area.
Outside, the expansive, sun-drenched backyard provides a sprawling lawn area for children and pets to play, complete with a mature palm tree and paved brick pathway. Tradespeople, hobbyists, or those needing extra storage will love the substantial freestanding rear shed/workshop (3.2m x 4.2m). With generous land dimensions and secure multi-car parking behind gated side access, this property offers a prime canvas to move in, renovate, or subdivide and develop.
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Property Details for 7 Lloyd Ave, Reservoir

7 Lloyd Ave, Reservoir is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 571m2. The place is currently for sale with Ray White Reservoir.

Building Type
House
Land Size
571m2
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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 29,148 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 125 properties listed for sale, and 95 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1185 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Keb Nguyen
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Rodney Eldridge
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Ray White Reservoir
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Cotality Copyright and Legal Disclaimers about Property Data
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.