49 Tambo Ave, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 683m2. While the property is not currently for sale or for rent, it was last transferred in February 2017.
Ready to enjoy with its stylish light-filled interior, this attractive home includes a wide side drive and big backyard presenting further value-adding opportunities to possibly sub-divide (STCA). Inviting interior highlights three large bedrooms (master with BIRs) and modern central bathroom, spacious lounge (with gas-log fireplace) through to the kitchen/dining area complete with stainless steel cooking appliances and dishwasher. Other features include ducted heating and split-system a/c, alarm, polished hardwood floors, European laundry, plus a big undercover decked entertaining area overlooking the huge west-facing backyard with garage highlighting the generous dimensions and future potential this property has to offer. Located in a quiet streetscape on the fringe of Oakhill Estate, it offers quick and easy access to local schools and parks, trams and trains, Latrobe Uni, Preston Market and Broadway shopping village. Land approx 14.9m x 45.7m - 682sqm.
Agent: Nelson Alexander Pty Ltd
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 29,147 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
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