3 Academy AvenueReservoir VIC 3073
Property Details for 3 Academy Ave, Reservoir
3 Academy Ave, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 717m2 and floor size of 723m2. While the property is not currently for sale or for rent, it was last sold in April 2025.
Last Listing description (July 2025)
BOARDROOM AUCTION THURSDAY 3RD APRIL 7:30PM @ 982-984 HIGH STREET, RESERVOIR
A sparkling example of Art Deco character, this light-filled three bedroom home is a true gem, showcasing intricate detailing that has been carefully preserved while introducing enhanced stylish finishes for comfort. Every corner of the single-level property exudes charm, with a stunning ornate ceiling and curved accents complemented by contemporary yellow gold hardware. A thoughtful layout bathed in north-facing sunlight sees the spacious lounge flow to an open and airy meals/family domain. Whats more, the immaculate kitchen serves as a functional hub, equipped with electric cooking appliances, breakfast bar and great use of cabinetry. Outside, the expansive backyard features plenty of space for children and pets to enjoy. It boasts a citrus tree and a tandem storeroom which can be converted into a workshop. Robed bedrooms provide ample storage and accompany the fully tiled bathroom showcasing a chic soaker tub and frameless glass shower. Adding further appeal, polished timber floors, split systems, ducted heating, an internal laundry with (second) WC and driveway parking complete the package. Set within a peaceful, family-friendly street, just minutes to Edwardes Lake Park, Regent Station, trams, schools and thriving cafs. Its also a quick five minute approx. drive to Spring Street convenience and the iconic Preston Market.
Property History for 3 Academy Ave, Reservoir, VIC 3073
- 03 Apr 2025Sold for $1,376,000
- 19 Mar 2025Listed for Sale $1,100,000 - $1,190,000
- 06 Nov 2021Sold for $1,298,000
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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 28,997 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:
- The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
- Houses have a median rent of $570 while Units have a median rent of $525.
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