3 Marchant AvenueReservoir VIC 3073
Property Details for 3 Marchant Ave, Reservoir
3 Marchant Ave, Reservoir is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 624m2 and floor size of 163m2. While the property is not currently for sale or for rent, it was last sold in June 1992.
Last Listing description (December 2019)
Beautifully sited on a generous 650sqm (approx.) allotment with a timeless charm, there's no better canvas on which to express your creativity than this classic four-bedroom home in the heart of Reservoir!Original yet pristine in presentation with a welcoming living area, well-appointed kitchen, and four spacious bedrooms serviced by a bright family bathroom, you could easily move in and freshen the interior with a modern touch.There's merit in maximising the potential of the huge grassed backyard by extending the home as more members are added to your growing tribe (STCA), yet if your vision is truly grand, start afresh with a brand new luxury home or collection of contemporary townhouses (STCA).The home's perfectly liveable state means you're able to lease it out whilst awaiting plans and permit approval, while its premier location within walking distance of Broadway shops and cafes, Reservoir train station, bus services and Reservoir Leisure Centre enhances the appeal of this solid investment.
Property History for 3 Marchant Ave, Reservoir, VIC 3073
- 06 Nov 2019Listed for Sale Sale
- 27 Jun 1992Sold for $114,000
- 06 Jun 1992Listed for Sale Not Disclosed
Recent sales nearby
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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 28,992 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.
Suburb Insights for Reservoir 3073
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