3/32 Willoughby St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2025. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.
Nestled within a neat and tidy block, this two-bedroom home enjoys a superb location, moments from the heart of everything Reservoir has to offer. An easy walk to the bus, local cafes, Edwardes Lake Park, and Reservoir's shopping, dining and café options, it is ideal for those entering the market, downsizers or those seeking a perfectly positioned investment opportunity. Comfortable now with the option to enhance further by updating as time and budget permit, it's a unique opportunity with significant future potential.
* Exceptional value for money
* Rear courtyard
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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 28,943 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:
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