61 Powell St, Reservoir is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 605m2. While the property is not currently for sale or for rent, it was last sold in December 2025. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Perfectly positioned in a sought-after pocket of Reservoir, this beautifully presented solid-brick home on a generous, flat allotment combines everyday comfort with outstanding long-term potential, just moments from the train station, shops, cafés and parks. Beyond the classic red-brick façade and wide front garden, a light-filled interior showcases polished timber floors, fresh white interiors and a choice of spacious living zones, including a large front lounge flowing to an inviting family room and a neat, well-appointed kitchen with excellent bench and storage space. Three generous bedrooms are serviced by a spotless central bathroom and full-size laundry, creating an immediately comfortable home to move straight into or lease out with ease.
One of the true highlights is the huge, level rear yard, offering an expansive blank canvas for outdoor entertaining, landscaped gardens, a pool, or future extension and redevelopment options (STCA) – a rare find in such a central location. The long side driveway and secure car accommodation add further appeal for families, tradies or those with multiple vehicles.
Whether you’re a home buyer seeking space and convenience, or an astute investor looking to capitalise on Reservoir’s strong rental demand and land value growth, 61 Powell Street represents a superb opportunity: a solid, well-cared-for home with a big, usable backyard in a blue-chip lifestyle location, ready to enjoy now with exciting scope to add value over time.
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Disclaimer: We have, in preparing this document, used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquiries and refer to the due diligence checklist provided by Consumer Affairs. Click on the link for a copy of the due diligence checklist from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
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 28,996 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:
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