59 Southernhay StreetReservoir VIC 3073
Property Details for 59 Southernhay St, Reservoir
59 Southernhay St, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2005. The property has a land size of 301m2 and floor size of 114m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
Last Listing description (October 2023)
Impeccably presented and generous in size, this townhouse is situated in the coveted Oakhill Estate bordering the popular and convenient Reservoir/Preston neighbourhood. Featuring 3 bedrooms all with built in robes, 2 clean bathrooms and space for 2 cars off street it is the perfect choice for first home buyers, downsizers or investors. Additional features include a 3.4kw, 11 panel, solar system and a brand-new Braemer ducted heating unit.
There is an immediate sense of belonging as you enter the home through a gated and gorgeous front yard and are greeted by the spacious open plan living that leads to the kitchen/dining area. The kitchen presents ample storage and ability to see through to a generous sized backyard combined with an undercover entertaining space, perfect for year-round use.
Positioned for lifestyle ease with convenient access to Regent Train Station, High Street buses and Plenty Road trams and close proximity to local cafes, eateries and shopping precincts including Northland Shopping Centre. Walking distance to Preston Primary School and Robinson Park and a short drive to Preston Market.
Property History for 59 Southernhay St, Reservoir, VIC 3073
- 28 Oct 2023Sold for $1,005,000
- 04 Oct 2023Listed for Sale Auction $850,000 - $900,000
- 22 Aug 2022Listed for Rent $560 / week
Recent sales nearby
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0About Reservoir 3073
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 29,142 properties. Over the last 5 years, Houses in Reservoir have seen a -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:
- The median value for Houses in Reservoir is $936,038 while the median value for Units is $652,602.
- Houses have a median rent of $600 while Units have a median rent of $540.
Suburb Insights for Reservoir 3073
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