71 Yarra Ave, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2018. The property has a land size of 305m2 and floor size of 195m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Engulfed in modern comforts and with a flawless period presentation, this newly built home on virtually 27 squares of effortless low-maintenance lifestyle in a family friendly neighbourhood, paces from parklands, stylish cafes, Broadway shopping and city-bound transport. The beautiful interior includes a study nook, downstairs powder room and internal access from the single car garage before entering an open plan kitchen, dining and living domain at the rear, with doors accessing an idyllic courtyard with an entertainers pergola, matured trees and access to a local park behind the property. The contemporary kitchen comes equipped with quality appliances, plentiful storage and vast counter space. Upstairs includes three spacious bedrooms (master with a fantastic walk in robe and stylish en-suite) a contemporary family bathroom and an additional living space which can be utilised as a fourth bedroom. Added highlights also include; refrigerated heating/cooling, surround sound throughout, wormy chestnut flooring and staircase with glass, plantation shutters throughout, double glazed windows and bi-fold doors, LED & pendant lighting, beautifully manicured gardens and a single car garage with off street parking for one.
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:
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