3/1 Mcpherson Street, Reservoir, VIC 3073 sold on 05 December 2025 | OnTheHouse
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Sold on 05 Dec 2025 for $828,000

3/1 Mcpherson Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/1 Mcpherson St, Reservoir

3/1 Mcpherson St, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 2 bedroom Townhouse sold in Reservoir in the last 12 months.

Building Type
Townhouse

Last Listing description (December 2025)

**SOLD BY ROSS KONTOSSIS 0413 224 811**

A rare opportunity to secure a beautifully appointed two-bedroom townhouse that blends generous scale with refined contemporary living. Spacious throughout and defined by soaring ceilings and warm timber floorboards, the home welcomes you into an expansive open-plan living and meals area, seamlessly connected to a superb kitchen. Designed for both everyday ease and elegant entertaining, the kitchen boasts an island stone breakfast bench, abundant cabinetry, gas cooktop, under-bench oven and dishwasher.
Bathed in northern light, the meals area opens to a stunning private garden oasis. Here, landscaped surrounds, a decked entertaining space, garden shed and water tank create an idyllic retreat, with the added convenience of internal access to the lock-up garage from both the house and garden. A powder room and laundry complete the lower level.

Upstairs, two oversized carpeted bedrooms offer exceptional comfort, each fitted with extensive wardrobe space and ceiling fans. The central bathroom evokes a boutique hotel experience, featuring dual basins, a walk-in shower and a luxurious bathtub. Split-system heating and cooling provide year-round climate control.
Lovingly maintained by its current owners, this home offers not only superb living but outstanding lifestyle appeal. Moments from Regent train station and the tram terminus, it enjoys effortless access to local parks, well-regarded primary schools, vibrant cafés and restaurants, and the iconic Preston Market. A truly exceptional residence combining comfort, convenience and timeless style.
A property of rare appeal, an outstanding opportunity to secure a truly special property that has been much loved, in a highly sought-after location.

Property History for 3/1 Mcpherson St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$828,000
05 Dec 2025
  • 05 Dec 2025
    Sold for $828,000
  • 21 Nov 2025
    Listed for Sale Not Disclosed
  • 11 Dec 2018
    Sold for $650,000
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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 28,940 properties. Over the last 5 years, Houses in Reservoir have seen a 19.48% increase in median value, while Units have seen a 14.48% increase. As at 31 January 2026:

  • The median value for Houses in Reservoir is $996,610 while the median value for Units is $637,650.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 107 properties listed for sale, and 68 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1298 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Ross Kontossis
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Barry Plant - Reservoir
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.