1/39 Royal ParadeReservoir VIC 3073
Property Details for 1/39 Royal Pde, Reservoir
1/39 Royal Pde, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1960. The property has a land size of 236m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in July 2021.
Last Listing description (July 2021)
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Enviably positioned and one of only three, this modern townhouse (c2019) presents an exceptional lifestyle or investment opportunity with its intelligent design and impressive list of features. Impeccable presentation from start to finish, the home's light-filled interior comprises three bedrooms (larger downstairs master) all with robes complemented by two stylish bathrooms - both with floor-to-ceiling tiles. Add to this a versatile open-plan living/dining area leading through to the well-appointed kitchen complete with stone benchtops/splashbacks, stainless steel appliances and adjoining meals area. Square-set ceilings throughout, the home also includes split-system heating and cooling to both levels, alarm and video intercom, as well as a full-size laundry with ample linen storage cupboards. Step outside to enjoy the private north-facing courtyard, plus the added appeal of a remote-control garage and additional driveway parking space. A short stroll to Broadway's vibrant shopping precinct and popular eateries, it's also close to the new Reservoir Station and choice of bus routes, as well as easy access to local schools, parks and Reservoir Leisure Centre.
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Property History for 1/39 Royal Pde, Reservoir, VIC 3073
- 10 Jul 2021Sold for $805,000
- 16 Jun 2021Listed for Sale Auction $710,000 - $760,000
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0About 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 29,149 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.
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