15/47-49 Rathcown Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1965. The property has a land size of 149m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in June 2026. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.
Nestled in a tranquil pocket of Reservoir, this well-presented two-bedroom unit is an ideal choice for downsizers, first-home buyers, or savvy investors seeking comfort and convenience.The home features an inviting undercover entrance leading into a sun-filled front living area, complemented by a functional kitchen with an adjoining meals space. Both bedrooms include built-in robes and are serviced by a central bathroom with bathtub, along with a separate toilet and laundry for added practicality. Step outside to a private, zero-maintenance courtyard complete with an undercover areaperfect for relaxed outdoor living all year round.Additional highlights include a single lock-up garage, ducted heating, split system heating and cooling, a wall heater, and a garden shed for extra storage.Positioned just metres from scenic parklands and walking tracks, and only a short drive to vibrant cafs, shopping centres, and public transport, this home delivers an outstanding balance of lifestyle, comfort, and value in one appealing package.*All information about the property has been provided to Merri-bek Real Estate by third parties. While Merri-bek Real Estate strives for accuracy, we have not independently verified the information and do not warrant its accuracy or completeness. Interested parties are encouraged to conduct their own investigations and rely on their own inquiries in relation to this property.
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 29,145 properties. Over the last 5 years, Houses in Reservoir have seen a -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:
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