5/1 Mendip RoadReservoir VIC 3073
Property Details for 5/1 Mendip Rd, Reservoir
5/1 Mendip Rd, Reservoir is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2022. The property has a land size of 669m2 and floor size of 116m2. While the property is not currently for sale or for rent, it was last sold in September 2021.
Last Listing description (June 2021)
TO VIEW VISIT OUR OFF-THE-PLAN SHOWROOM EACH SATURDAY 2 - 4:30PM AT RAY WHITE PRESTON - 363 HIGH STREET. (Except during lockdown)
Ray White Projects proudly presents 1 Mendip Road, Reservoir.
-Only a few weeks away from completion and ready to inspect now
-The use of recycled brick and modern black paneling adds an on trend feel to the development
-Located in the prestigious Oakhill Estate
6 x 2 bed townhouses with a versatile study
1 x commercial space - perfect for a cafe, ice-cream shop, retail store or even office space - the options are endless.
It doesn't get any better than this! With the choice of 6 outstanding townhouses all built with high quality finishes and style, if it's a blue-chip investment or a home you are searching for then look no further.
If you have ever thought about owning your own trendy cafe, ice-cream shop, or are wanting an office space in a quiet and residential location that the spacious street frontage lot with commercial zoning is perfect for just that.
Located in the Prestigious Oakhill Estate which produces immense lifestyle benefits thanks to the swift access to Broadway shops and cafes, Regent and Reservoir train stations, Plenty Road trams, schools, Northland and Summerhill shopping centers, La Trobe University, Parklands and trendy cafes such as The Window Corner Cafe right at your door step - The location is second to none.
Property History for 5/1 Mendip Rd, Reservoir, VIC 3073
- 11 Sep 2021Sold for $745,000
- 30 Oct 2020Listed for Sale Sale
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0About 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 28,991 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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