19/47-49 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 November 2025. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.
This neat and tidy single-story unit is ideal as an entry-level first home, a smart investment, or a downsizer in a quiet location.Nestled at the foot of Bundoora Park and surrounded by tranquil recreational reserves, as well as the scenic walking and riding tracks of Darebin Creek, the unit is just minutes from Plenty Rd Route 86 Tram (offering direct access to the CBD), La Trobe University, Polaris, and Summerhill Shopping Centre. It presents strong, future-proof investment potential.The unit comprises two generous bedrooms with built-in robes, a separate living area, a bright kitchen with an adjoining spacious meals area, a central bathroom with a separate toilet, and a separate laundry with rear access. Additional features include air conditioning, a private rear yard, and a lock-up garage. This is an excellent opportunity for anyone looking to enter the fast-moving property market.Land size: 152m2 (approx)Deposit: 10% of the purchase priceSettlement preference: 30/60/90 daysRental assessment: $430-$480 per weekBpdy Corp Fees: $924 per year (approx)
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 29,187 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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