31 Dredge St, Reservoir is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1980. While the property is not currently for sale or for rent, it was last sold in August 2025. There are other 4 bedroom House sold in Reservoir in the last 12 months.
Positioned in a quiet residential pocket of Reservoir, this well-presented and generously proportioned family home has been thoughtfully refreshed and offers flexible living with excellent connectivity. Recently updated with freshly polished timber floorboards, new internal and external paintwork, and new blinds throughout, the home is move-in ready while retaining its solid charm.
The floorplan provides outstanding versatility, comprising four bedrooms, including a master bedroom with ensuite, complemented by a central bathroom featuring a separate shower and bath, with the toilet located in a separate room for added convenience. Multiple living zones include two spacious living areas plus a separate dining room that can easily function as a study, home office or childrens playroom.
At the heart of the home, the kitchen offers ample storage and bench space and flows seamlessly to the living areas, while sliding doors open out to a low-maintenance backyard complete with a concreted undercover entertaining area, ideal for year-round use. Parking is well catered for with a secure carport plus an additional off-street parking space in the driveway.
The location is a standout, with Keon Park Train Station within walking distance, easy access to the Metropolitan Ring Road and Hume Highway, and close proximity to local shops and businesses along Mahoneys Road and High Street. Outdoor enthusiasts will appreciate nearby Merri Creek Trail, Moomba Park and the surrounding wetlands, making this a well-rounded home suited to families or professionals seeking space, comfort and convenience.
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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 28,999 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:
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