47 Keon ParadeReservoir VIC 3073
Property Details for 47 Keon Pde, Reservoir
47 Keon Pde, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 575m2 and floor size of 128m2. While the property is not currently for sale or for rent, it was last sold in October 2024.
Last Listing description (June 2025)
Wonderfully positioned on a generous 575sqm (approx.), this property offers close proximity to the newly updated Keon Park Train Station (approx. 800m), shops, schools, bus transport, and the Metropolitan Ring Road. It presents a fantastic opportunity to unlock the potential of this highly rewarding home.
Ideal for home buyers, renovators, investors, or developers (STCA), the well-maintained home features a separate lounge, a well-equipped kitchen with an adjoining dining area, and 3 spacious bedrooms, all serviced by a central bathroom and separate laundry. A wide side driveway provides ample car space, while the established front and rear gardens complete the picture.
Set in a prime location, this property invites you to explore the possibilities - whether to live in, invest, renovate, or pursue future redevelopment (STCA). This is a fantastic opportunity not to be missed!
Currently leased until 02/06/2025, with a rental return of approximately $18,768
p/a.
Property History for 47 Keon Pde, Reservoir, VIC 3073
- 26 Oct 2024Sold for $695,000
- 03 Oct 2024Listed for Sale Auction Saturday 26th October at 3pm
- 08 Feb 2021Listed for Rent - Price not available
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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