8/3 Broughton Ave, Reservoir is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1957. The property has a land size of 191m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in January 2013.
A Magnificent Development or Secure Investment
This sound clinker brick home offers a flexible floor plan with multiple bedrooms, ideal as an investment with a possible rental return of $750 per week, or a magnificent development site on 670m2 approx. Updated throughout the years, the home boasts 6 bedrooms, 3 with BIR's, central heating, timber floors, separate living room, magnificent bathroom, central kitchen and meals area, second bathroom and separate laundry. An additional feature is to purchase 3 Broughton Avenue, Reservoir and create a magnificent development site on 1340m2 approx. Set in a fantastic location, close to Regent station, local shops and lots more.
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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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