3 Southernhay St, Reservoir is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 651m2 and floor size of 207m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Beyond the distinctive front facade, this captivating Art Deco home delivers a family lifestyle of immediate quality and flexibility - all on a wide block of land in an enviable Oakhill neighbourhood. A delightful mix of classic and contemporary, the home's impeccable interior comprises three bedrooms (large master) all with built-in robes, as well as a stylish main bathroom with freestanding tub and laundry/second bathroom. High Art Deco ceilings and an abundance of natural light throughout, the home also features a spacious and versatile living room flowing through to the open dining area adjoined by an updated kitchen with dishwasher and 900mm cooking appliances. Other highlights of this period prize include ducted heating and split-system air conditioning, solid hardwood floors and original stained timberwork, plus an expansive backyard with studio/storeroom, oversized carport via gated driveway and plenty of room for future expansion (STCA). Walking distance to local cafes, buses, and Plenty Road trams, it's also close to a range of schools (zoned to Preston PS), Regent Station and both Broadway and Summerhill shopping centres, as well as easy access to Latrobe University, the buzz of High Street and renowned Preston Market.
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 29,152 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
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