104 Broadway, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 1990. The property has a land size of 329m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
House with low maintenance living. Suit, first home buyers, down size-rs and investors alike. Comprising of : Entry hall, 3 bedrooms [main with en suite and walk in robe] North facing large open plan living/dining rooms. Well appointed kitchen with an island bench. Low maintenance back yard and a double garage with remote door. Features: Gas ducted heating, alarm, dish washer, spa bath, solar panels, ducted cooling, alarm system and much more. Situated so close and walking distance to Broadway shops and transport at front door step. The leisure centre is close by and schools are within walking distance. There is good access to Latrobe University, Northland Shopping Center and Preston Market.
As for the investor, the rental appraisal is $600-650 per week.
The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of 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 29,020 properties. Over the last 5 years, Houses in Reservoir have seen a 11.75% increase in median value, while Units have seen a 13.93% increase. As at 31 March 2026:
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