3/63 Lane Cres, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 179m2 and floor size of 80m2.This Property is currently listed for sale with Barry Plant - Bundoora
Offering a wonderful combination of comfort, natural light and low-maintenance living, this beautifully presented two-bedroom unit is privately positioned at the rear of an exclusive boutique block of just three. Featuring a thoughtfully designed floorplan and desirable north-facing rear yard, it presents an appealing opportunity for first-home buyers, young couples, downsizers and astute investors.From the welcoming hallway, the well-zoned floorplan unfolds to reveal two generous bedrooms, both complete with built-in robes, complemented by a centrally positioned bathroom with separate shower and bath, dedicated laundry and separate toilet.At the heart of the home, the impressive kitchen showcases Caesarstone benchtops, a breakfast bench, gas cooking and dishwasher, overlooking the adjoining meals and living area. Filled with natural light, this inviting central living zone provides a comfortable space for everyday living and entertaining while maintaining a seamless connection to the outdoors.Beyond the living area, the generous north-facing rear yard provides a private and versatile outdoor retreat, offering plenty of space to relax, entertain or further enhance over time. Additional features include ducted heating and cooling, high ceilings and a large lock-up garage with convenient internal access.With excellent natural light throughout, a highly functional floorplan and a private north-facing outdoor area, this is an appealing opportunity to secure a low-maintenance home with genuine lifestyle appeal and scope to make it your own.
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 29,134 properties. Over the last 5 years, Houses in Reservoir have seen a -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:
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