4 Orrong AvenueReservoir VIC 3073
Property Details for 4 Orrong Ave, Reservoir
4 Orrong Ave, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1970. The property has a land size of 652m2 and floor size of 103m2. While the property is not currently for sale or for rent, it was last sold in July 2024.
Last Listing description (September 2024)
Position-perfect in the heart of Reservoir, this potential-packed three-bedroom home offers unbeatable value in a five-star location.
Boasting incredible land dimensions of 652sqm (approx.), follow the lead of many in the area and extract maximum value from the block by developing, whether that be a collection of executive townhouses or a brand new family home (STCA).
Enjoying neat and tidy original presentation and featuring large windows that maximise natural light, elegant formal living and dining rooms, bright timber kitchen with plentiful storage, three spacious bedrooms serviced by a spacious kitchen, ducted heating, air-conditioning, excellent storage and a generous backyard with a single lock-up garage, undercover entertaining area and huge grassed area that's perfect for the kids, move straight in and enjoy or lease it out, particularly while plans and permits are being approved!
Now package that with a prized location where buzzing Broadway, Edwardes Street shops and cafes, Reservoir train station, bus services, schools and Reservoir Leisure Centre are footsteps away and Edwardes Lake Park, Summerhill and Northland shopping centres, La Trobe University, Plenty Road trams and Preston Market are within very close proximity and you can understand why this home is packed with value!
Property History for 4 Orrong Ave, Reservoir, VIC 3073
- 18 Jul 2024Sold for $890,000
- 17 Oct 2023Listed for Sale UNDER OFFER
- 20 May 2009Transferred
Recent sales nearby
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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 28,996 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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