38 Marchant AvenueReservoir VIC 3073
Property Details for 38 Marchant Ave, Reservoir
38 Marchant Ave, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 650m2. While the property is not currently for sale or for rent, it was last sold in May 2024.
Last Listing description (March 2020)
***Inspection By Private Appointment Only***
Prime Position and Perfect Potential.
On approximately 650sqm of land with close proximity to Broadway, this single-level home is a must-see for renovators, builders and developers alike providing an immediately functional environment with incredible scope for those looking to revive or renew (STCA). The home's current accommodation includes three double bedrooms and central bathroom, front lounge and neat kitchen/meals area. Ducted heating and evaporative cooling add to the appeal along with high ceilings and solid timber floors. The home's biggest asset however is outside the back door - an impressively deep backyard with side gated driveway highlighting the untapped potential this property has to offer. A short stroll to Broadway's vibrant shopping precinct and choice of popular eateries, it's also close to Reservoir Station and choice of bus routes, as well as easy access to schools and parkland.
*** COVID-19 Announcement ***
If you're attending a Private Appointment, we request that you only attend if you are fit and healthy to do so and not under any self-isolation conditions. We request that you maintain a healthy distance from our team members, and if requested wait outside until the property is ready for the appointment. Lastly, please refrain from touching items/fixtures and doors within the properties. If you would like to view something in particular, please request the agent's assistance. Thank you.
Property History for 38 Marchant Ave, Reservoir, VIC 3073
- 21 May 2024Sold for $500,000
- 20 Mar 2020Sold for $875,500
- 27 Feb 2020Listed for Sale Expressions of Interest $877,500 - $900,000
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About 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 29,002 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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