5 Academy Avenue, Reservoir, VIC 3073 sold on 01 May 2025 | OnTheHouse
SOLD
Sold on 01 May 2025 - Price Unavailable

5 Academy Avenue
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Land area: 735m2
Save

Property Details for 5 Academy Ave, Reservoir

5 Academy Ave, Reservoir is a 4 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 735m2. While the property is not currently for sale or for rent, it was last sold in May 2025. There are other 4 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Land Size
735m2

Last Listing description (May 2025)

Nestled in a highly sought-after pocket of West Preston and Reservoir, this charming weatherboard residence sits on an expansive 735m² block, offering incredible potential for homebuyers, investors, or developers (STCA). With its pristine presentation, spacious layout, and unbeatable location, this is a rare opportunity not to be missed.

Stepping inside, you'll be greeted by a bright and airy interior that seamlessly blends timeless charm with modern comforts. The inviting living area features a classic fireplace converted to heating unit, setting the perfect ambiance for cozy evenings. With four generously sized bedrooms, there's ample space for growing families or those who love to entertain. The luxury of two central bathroom with an adjoining laundry ensures practicality and ease of living.

The heart of the home is the well-appointed kitchen, featuring abundant storage and robust appliances, making meal preparation a breeze. Adjacent to the kitchen is a spacious dining area and a grand living area, both bathed in natural light thanks to the home's jumbo windows. The carefully maintained interior reflects the property's long-standing quality and appeal. Serviced by a giant garage, off street parking is not a problem.

Outside, the manicured gardens and pristine façade add to the home's inviting charm. The expansive backyard provides endless possibilities, whether you envision an outdoor entertainment area, a garden retreat, or potential future development.

Perfectly positioned near: Reservoir West Primary, local parks, cafés, shopping precincts, and public transport, ensuring convenience at your doorstep.

This exceptional home offers a rare combination of size, character, and location. Whether you're looking to move in, renovate, or explore development potential, this property is ready to impress.

Property History for 5 Academy Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
01 May 2025
  • 28 Apr 2025
    Sold for $1,150,000
  • 04 Feb 2025
    Listed for Sale $1,100,000 - $1,200,000
Commute Calculator

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 28,940 properties. Over the last 5 years, Houses in Reservoir have seen a 17.33% increase in median value, while Units have seen a 14.71% increase. As at 31 December 2025:

  • The median value for Houses in Reservoir is $984,628 while the median value for Units is $637,552.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 94 properties listed for sale, and 79 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1287 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

Market Insights
Reservoir Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Reservoir Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
agent headshot
Sam Chan
Show contact details
agent headshot
Keb Nguyen
Show contact details
Ray White Reservoir
Preferred contact:
Cotality Copyright and Legal Disclaimers about Property Data
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.