1/63 Lane Cres, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 241m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Situated in a thriving Reservoir neighbourhood close to everything that counts, this contemporary townhouse delivers an idyllic low-maintenance lifestyle with its creative design, impressive features and delightful outdoor oasis to enjoy. Perfect for professionals and investors alike, the homes light-filled interior comprises two bedrooms (larger main) with built-in robes complemented by a stylish fully-tiled bathroom and separate (2nd) WC. Adding to the appeal is a versatile front living zone flowing through to the dining area adjoined by a well-appointed kitchen with stone benchtops, stainless-steel cooking appliances and dishwasher. Along with ducted heating and evaporative cooling for year-round comfort, this trendy townhouse also includes an alarm system, square-set ceilings, full-size laundry and plantation shutters across the front. Completing the picture is a wide rear courtyard with extensive paving and high fences all-round for exceptional privacy, plus a large front yard on title and remote-control garage with internal entry. Bus stop around the corner along with Darebin Creek trails and acres of parkland, its also close to Broadways vibrant shopping precinct and Reservoir Station, as well as easy access to local schools, kinder/childcare facilities and Latrobe University.
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:
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