5 Academy AvenueReservoir VIC 3073
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 April 2025.
Last Listing description (June 2025)
Nestled in a highly sought-after pocket of West Preston and Reservoir, this charming weatherboard residence sits on an expansive 735m 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 faade 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, cafs, 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
- 28 Apr 2025Sold for $1,150,000
- 04 Feb 2025Listed for Sale $1,100,000 - $1,200,000
Recent sales nearby
See more recent sales nearby/assets/perm/5uao4h55wui6nnxsm5aj2wunna?signature=c52c5af6e4def97795e63e7912def3904f445160c43754bc0d029d478c68ff72){kind=logo}
0
/assets/perm/neil5ih6fii63l3ol7riybb5ey?signature=8e3c7aa8b7e4d8981aa0da1b06337d2d2eedaf280d488fd2def7558aa68de10c){kind=logo}
0
/assets/perm/yfeqxrfd4ui6xdjexejmar2omy?signature=7982035b1de167060925f2cff4dd83468062091e2b525c083b42ea025c3cea08){kind=logo}
0Similar properties For Sale nearby
See more properties for sale nearby
0
0
0
Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 28,992 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.
Suburb Insights for Reservoir 3073
Market Insights
Reservoir Trends for Houses
N/A
N/A
View TrendN/A
N/A
Reservoir Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.
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.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
