40 Mcmahon Road, Reservoir, VIC 3073 sold on 15 March 2025 | OnTheHouse
SOLD
Sold on 15 Mar 2025 for $750,000

40 Mcmahon Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 331m2
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Property Details for 40 Mcmahon Rd, Reservoir

40 Mcmahon Rd, Reservoir is a 3 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 331m2. While the property is not currently for sale or for rent, it was last sold in March 2025. There are other 3 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Land Size
331m2

Last Listing description (March 2025)

Flawlessly presented with a modern touch, this exceptional three-bedroom home offers the perfect opportunity for professionals looking to enter the market in style or empty nesters seeking to downsize without compromise. Step inside and be greeted by the warm and inviting lounge, setting the tone for relaxed living.

The open-plan meals and kitchen area is a true highlight, boasting sleek stainless steel appliances and stylish modern cabinetry, making meal preparation a delight. Venture outside to discover a stunning, low-maintenance backyard—a private retreat featuring a timber deck, lush surrounds, and seamless access to an oversized garage. Whether you're unwinding with a book or entertaining guests, this tranquil outdoor space is sure to impress.

Designed with comfort in mind, the single-level layout exudes contemporary charm. Boasting a central modern bathroom and generously sized bedrooms with two equipped with built-in robes for added convenience. Enhancing the home’s stylish appeal are polished timber floorboards, a separate study, split system heating/cooling, solar panels and a neutral colour scheme—allowing you to personalize the space to your taste.

Situated in a prime location, you’ll enjoy easy access to local schools, Reservoir train station, parklands, Broadway and Edwardes Street shopping precincts, Bundoora Park, RMIT & La Trobe Universities, and the Metropolitan Ring Road. Don’t miss this opportunity to secure a beautifully appointed home in one of Reservoir’s most sought-after locations.

This sale is in conjunction with Trusted Advocacy & Property Consultants.

Property History for 40 Mcmahon Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$750,000
15 Mar 2025
Listed for Rent
$480/w
07 Dec 2022
  • 15 Mar 2025
    Sold for $750,000
  • 19 Feb 2025
    Listed for Sale $700,000 - $750,000
  • 30 Nov 2022
    Listed for Rent $480 / week
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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 28,941 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:

  • The median value for Houses in Reservoir is $970,763 while the median value for Units is $639,892.
  • Houses have a median rent of $550 while Units have a median rent of $510.
There are currently 118 properties listed for sale, and 82 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1274 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Laura Mancin
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Jellis Craig Reservoir
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.