2/71 Mcfadzean Avenue, Reservoir, VIC 3073 sold on 24 May 2025 | OnTheHouse
 
SOLD
Sold on 24 May 2025 for $737,000

2/71 Mcfadzean Avenue
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
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Property Details for 2/71 Mcfadzean Ave, Reservoir

2/71 Mcfadzean Ave, Reservoir is a 3 bedroom, 1 bathroom Unit with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 3 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit

Last Listing description (May 2025)

As one of two on the block, this federation-inspired home offers exceptional family proportions, in a well-connected locale. The generous layout features three spacious bedrooms, serviced by a central bathroom and a large laundry. The separate living room provides a tranquil retreat, while the kitchen and dining area connects seamlessly to a charming outdoor courtyard. With excellent storage, generous counter space, and functional appliances, the kitchen is both practical and inviting. Additional highlights also include split system heating/cooling, ducted heating, durable tiles, cozy carpets, and a spacious double garage.

* Three generously sized bedrooms, all serviced by a central bathroom.
* Open-plan kitchen and meals area.

* Large, separate living room for relaxation.
* Double garage.
* Conveniently located in the heart of North Reservoir, nearby to local shopping hubs, schools, parks and public transport.

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 2/71 Mcfadzean Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$737,000
24 May 2025
Listed for Rent
$341/w
12 Aug 2014
  • 24 May 2025
    Sold for $737,000
  • 28 Apr 2025
    Listed for Sale SOLD - $737,000
  • 19 Jul 2014
    Listed for Rent $341 / week
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About Reservoir 3073

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 28,942 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:

  • The median value for Houses in Reservoir is $970,763 while the median value for Units is $639,892.
  • Houses have a median rent of $550 while Units have a median rent of $510.
There are currently 126 properties listed for sale, and 84 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1270 properties were sold in the past 12 months in Reservoir.

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Kannan Subramanian
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