5/23 Pickett St, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2026. There are other 3 bedroom Townhouse sold in Reservoir in the last 12 months.
Introducing a stunning brand-new build that sets a new benchmark for contemporary living in one of Melbourne's most sought-after northern suburbs. Thoughtfully designed from the ground up, this immaculate three-bedroom, two-bathroom home delivers the perfect balance of style, comfort, and everyday practicality, ready for you to simply move in and enjoy.
At the heart of the home, a generous open-plan kitchen, living, and dining space takes full advantage of a prized north-facing aspect, flooding the area with natural light throughout the day. Seamlessly connecting to the private backyard, this space is made for relaxed entertaining, weekend gatherings, or simply unwinding after a long day. The kitchen itself is finished to a high standard, as you'd expect from a brand-new build, and sits perfectly within the open flow of the living and dining areas.
The master bedroom is a true retreat, complete with a walk-in robe and a private ensuite, offering the privacy and comfort you deserve. The two additional bedrooms are both fitted with built-in robes, providing ample storage and making them ideal for family, guests, or a home office setup. A well-appointed main bathroom services these rooms with ease.
Year-round comfort is assured with heating and cooling throughout the entire home, while a security alarm system gives you peace of mind from day one. Parking is equally impressive, with a single garage plus a second secure space directly in front of it, meaning both vehicles are safely off the street, a rare and valuable inclusion in this style of home.
Perfectly positioned to enjoy everything Reservoir has to offer, this address places you within easy reach of the vibrant Edwardes Street shopping strip and the beloved Broadway precinct, brimming with cafes, eateries, and everyday stores to suit all tastes. JC Donath Reserve is nearby for outdoor recreation, morning walks, and time in the fresh air. Families will appreciate being zoned for Reservoir Views Primary School, with William Ruthven Secondary College also close by for older students. Commuters are exceptionally well catered for, with Ruthven train station just a short distance away for a smooth run into the CBD, and the Metropolitan Ring Road freeway entrance offering fast and convenient access across Melbourne and beyond.
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 29,150 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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