5 Caddy Ct, Reservoir is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 620m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Exuding blank canvas appeal with future rewards on the horizon, be inspired to explore a number of life-changing opportunities with this potential-rich three-bedroom home on the Preston fringe.
Set on a large 620sqm (approx.) block, a first-class multi-dwelling development opportunity presents itself to builders (STCA), and when you consider the fact that bus services, the No.86 tram, the Darebin Creek Trail, Northland and Summerhill shopping centres and Preston North East Primary School are within easy walking distance, the young family will also be tempted to build their dream family home and live in the neighbourhood themselves (STCA)!
The existing single-level home enjoys neat and tidy presentation and can be leased out while awaiting plans and permits approval, however there's also scope to move in and update the bright interior featuring a carpeted living area with split-system heating/cooling, separate kitchen, bright bathroom, ducted heating, large enclosed outdoor entertaining area and a huge grassed backyard with established gardens and two large sheds.
Whatever your vision is for this potential-packed property, it's destined to lead to future success!
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 28,939 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:
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