2/119-125 Mahoneys Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 178m2 and floor size of 93m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Keenly priced, this spacious single-level unit is tailor-made for an astute first home buyer or investor seeking a solid return. Offering a roomy and comfortable layout consisting of a generous living/dining zone with an adjoining kitchen, opening out to an abundant private rear yard. Two oversized bedrooms with mirrored built-in-robes , a centrally poised main bathroom with full-sized laundry complete this enticing package. Features include reverse cycle air conditioning, ducted heating, roller shitters & secure single garage. Ideally positioned to offer close proximity to bus services, M80 Ring Road with an array of schools and shopping options also nearby. Note: Currently returning $1434pcm to an excellent tenant on a month-month lease.
Outgoings
OC Fees: $940.80 pa
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 29,149 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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