83 Mcmahon RoadReservoir VIC 3073
Property Details for 83 Mcmahon Rd, Reservoir
83 Mcmahon Rd, Reservoir is a 3 bedroom, 2 bathroom House with 3 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2025. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (October 2025)
Whether you're an investor, homeowner, or developer — this versatile property is packed with potential. Currently configured as two separately metered units, Water metres are not metered separately - the options are endless:
• Lease both for dual income
• Live in one and rent the other
Unit 1 offers two generous bedrooms, a comfortable lounge, kitchen/dining area, separate bathroom, toilet, and laundry.
Unit 2 includes a spacious bedroom, open-plan living/dining/kitchen, large laundry, bathroom and toilet.
Both residences enjoy private, fully-fenced yards, and there is undercover parking for two.
All of this is located in Reservoir — fast becoming a vibrant, multicultural suburb in Melbourne’s north, offering excellent transport, leafy parks, diverse dining, great schools, making it ideal for families and investors alike.
A value-packed opportunity with scope to add, update, or rebuild (STCA).
A smart buy for first-time home owners or astute investors or developers alike.
Property History for 83 Mcmahon Rd, Reservoir, VIC 3073
- 11 Oct 2025Sold for $950,000
- 01 Aug 2025Listed for Sale $865,000 - $950,000
- 01 Jun 2015Listed for Rent - Price not available
Recent sales nearby
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About Reservoir 3073
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 28,930 properties. Over the last 5 years, Houses in Reservoir have seen a 17.33% increase in median value, while Units have seen a 14.71% increase. As at 31 December 2025:
- The median value for Houses in Reservoir is $984,628 while the median value for Units is $637,552.
- Houses have a median rent of $550 while Units have a median rent of $520.
Suburb Insights for Reservoir 3073
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