3/1-3 Mcfadzean AvenueReservoir VIC 3073
Property Details for 3/1-3 Mcfadzean Ave, Reservoir
3/1-3 Mcfadzean Ave, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1988. The property has a land size of 143m2 and floor size of 111m2. While the property is not currently for sale or for rent, it was last sold in December 2024.
Last Listing description (February 2025)
What better way to enter Reservoir as an owner-occupier or investor than with this uplifting single-level sensation with parkland knocking at its door!
Footsteps from the Edgars Creek Wetlands and the open spaces of Edwardes Lake Park means an active outdoor lifestyle goes hand-in-hand with this freshly painted two-bedroom unit, which is positioned in an established residential block. And when you factor in the walking distance proximity to trendy eateries along Edwardes Street and Gilbert Road, Reservoir train station, Gilbert Road trams, bus services, Reservoir Primary School and J.E. Moore Park, every lifestyle requirement is easily catered for.
Polished timber floors add a contemporary touch to the big and bright open-plan living area on entry, while a spacious kitchen delights with its stainless steel upright cooker and loads of storage space.
Both bedrooms are of generous proportions and fitted with built-in robes; complete with a bright bathroom, separate laundry, split-system heating/cooling, gas wall heater, private low-maintenance courtyard and a single car space, this is a home you don't want to let slip through your fingers!
Property History for 3/1-3 Mcfadzean Ave, Reservoir, VIC 3073
- 14 Dec 2024Sold for $538,500
- 19 Nov 2024Listed for Sale Auction: $500,000 to $550,000
- 15 Jul 1993Sold for $87,500
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0About 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 29,150 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:
- The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
- Houses have a median rent of $600 while Units have a median rent of $538.
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