1/3 Arcadia Ave, Reservoir is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 228m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Retaining its red brick character and street front charm this affordable home has been tastefully refurbished. Polished floorboards throughout welcome the morning sun through large French doors connecting a spacious lounge room and outdoor entertaining area. A well-appointed modernised kitchen that will delight complimented by two generous size bedrooms and recently landscaped gardens, this little gem is like no other on the market.
Number 3 is walking distance to Summerhill Village, bus, train and tram connections, Reservoir East Primary School, High School, Leisure Centre and Darebin Sports Stadium. La Trobe University and Northland Shopping Centre are easily accessible by car.
This is an ideal first home, quiet retreat or investment opportunity.
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 29,006 properties. Over the last 5 years, Houses in Reservoir have seen a 4.72% increase in median value, while Units have seen a 12.44% increase. As at 31 May 2026:
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