164 Broadway Reservoir VIC 3073
Property Details for 164 Broadway, Reservoir
164 Broadway, Reservoir is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 637m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (November 2023)
Rarely does an opportunity like this present itself. With an allotment of 637m (approx.) and huge scope for a multi-unit development thanks to its zoning (RGZ3) this is certainly an opportunity not to be missed (STCA).
Neatly presented, the home offers two spacious bedrooms, a central kitchen, a large dining area and separate live zone. Thanks to its previous owners, the home is extremely well looked after and is ready to generate rental revenue whilst you await plans and permits. Positioned within walking distance to Reservoir Leisure Centre, Reservoir High School, Reservoir East Primary School, Reservoir train station, Summerhill SC and not to mention being situated along Broadway means easy access to shops, cafes and restaurants. The lifestyle options are endless! If you are looking for a blue-chip investment in an ever-growing suburb, then look no further.
Property History for 164 Broadway, Reservoir, VIC 3073
- 10 Nov 2023Sold for $850,000
- 03 Oct 2023Listed for Sale $850,000 - $920,000
- 02 Aug 2016Transferred
Recent sales nearby
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About 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 29,003 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:
- The median value for Houses in Reservoir is $969,613 while the median value for Units is $643,747.
- Houses have a median rent of $580 while Units have a median rent of $530.
Suburb Insights for Reservoir 3073
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