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VIC › Broadford › Reservoir Rd

68 Reservoir Rd, Broadford VIC 3658

For saleHouse for Sale

$699,000–$765,000

For sale

Asking range

4

Bedrooms

2

Bathrooms

2

Car spaces

790 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

Given the $699,000–$765,000 ask, is this worth your time?

Why this ask?

  • FactListed for sale, asking $699,000–$765,000(Listing record · 18 Aug 2026)
  • CalculationAsk is 13% above the Broadford median recorded sale ($617,500, n=22, last 12 months).(Districts calculation from recorded sales)
  • CalculationIf it leased at Broadford's advertised median rent ($475/wk), implied gross yield would be 3.53% — this is not a rent for this listing.(Districts scenario calculation)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

$699,000–$765,000

Asking range · $885/m² of land

No recorded sale for this property.

Broadford at a glance

4,789

People

$617,500

Median sale

$475/wk

Median rent

4.00%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Broadford report →

Vs Broadford

+13.2%

Median sale

Suburb $617,500

-0.47 pp

Gross yield

Suburb 4.00%

Suburb median $617,500 from 22 recorded sales (last 12 months) — a Districts calculation, not a portal figure.

Total cost to purchase

Based on the low end of the asking range, not a contract price.

Purchase Price
$699,000
Stamp Duty (Victoria)
$37,010
Transfer/Registration Fee
$1,740
Mortgage Registration (est., if financed)
$200
Legal & Conveyancing (est.)
$2,000
Building & Pest Inspection (est.)
$700
Rates & Water Adjustment at Settlement (est.)
$800
Total cash required
$741,450

$42,450 on top of the price (6.1% extra)

  • Stamp Duty (Victoria)
  • Transfer/Registration Fee
  • Mortgage Registration
  • Legal & Conveyancing
  • Building & Pest Inspection
  • Rates & Water Adjustment

Estimates only, at standard investor rates — no first-home or owner-occupier concessions applied. Not included: lenders mortgage insurance (usually applies when borrowing more than 80% of the price), loan application and settlement fees from your lender, the foreign-purchaser duty surcharge, and building insurance — in Queensland the property is at your risk from the first business day after signing, not from settlement. Verify with your conveyancer.

Stamp duty and transfer fees: Victoria schedules from 2026-07-01. Ongoing council rates and land tax are not included.

Rental yield

Based on the low end of the asking range, not a contract price.

Pre-filled with Broadford's advertised median rent — not a rent for this listing.

Net yield
2.03%
Annual cashflow (pre-tax)
$-22,133
Interest cover (DSCR)
0.39
Annual rent
$24,700
Operating expenses
$10,485
Loan amount
$559,200
Annual interest
$36,348
Gross yield
3.53%

Gross yield is weekly rent × 52 ÷ price. Net yield subtracts operating expenses. Cashflow then subtracts interest-only interest on price × LVR. Tax, vacancies, and principal repayments are not included.

Open the full yield calculator →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listed$699,000–$765,000available18 Aug 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $475/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Gross yield if leased at the suburb aggregate is 3.5%. The yield that matters is the one on achieved rent, which has not been inferred for this address. Net yield (land tax, rates, insurance, vacancy) is not loaded. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Broadford in one glance

Broadford at a glance

4,789

People

$617,500

Median sale

$475/wk

Median rent

4.00%

Suburb gross yield

Median sale from 22 recorded sales (last 12 months) — a Districts calculation.

See the full Broadford report →

Keep researching

  • Why Broadford? Read the area thesis →
  • What else is on the market in Broadford →
  • Other records on Reservoir Rd →

Listing material

Listed by TopNotch Real Estate

East-Facing Elegance, Sunlit Luxury & Country Town Charm!

788m² Land (approx.) | 28 Sqs (approx.) | 4 Bed | 2 Living | 2 Bath | A theatre room | Study | Outdoor Area | 2 Car Garage | Alfresco | Shed | Colorbond Roof

Enjoy breathtaking views of Mt Piper, with an impressive 18m frontage ideal for caravan, boat or trailer storage.

Gavy & Team TopNotch Real Estate proudly present this stunning, near-new family residence at 68 Reservoir Road, Broadford. Set on an expansive 788m² (approx.) east-facing allotment, this impressive 28-square (approx.) home, just one year young, seamlessly blends contemporary elegance with functional family living.

Read the full description

Warm organic tones, quality finishes and picturesque views come together to create a home that captures the tranquillity and charm of Broadford.

Striking Street Appeal & Sun-Drenched Aspect:-

From the moment you arrive, the residence makes an unforgettable statement with its classic light Colorbond roof, modern white rendered accents, rich red-brick feature piers, and clean-lined contemporary front entrance. Designed to maximize natural light, the east-facing orientation captures glorious morning sunlight across the front facade, while the massive backyard invites golden late-evening sun for effortless outdoor living.

Expansive Floor Plan & Organic Interior Finishes :-

Step inside to discover a light-filled interior defined by warm hybrid timber flooring, crisp neutral walls, and high ceilings. A dedicated home theatre room provides the perfect space for family movie nights, complemented by a versatile study zone. The heart of the home opens into a massive light-filled living and dining hub framed by oversized windows that take full advantage of the surrounding rural hills and scenic views.

Gourmet Kitchen & Butler-Style Walk-In Pantry :-

The chef's kitchen boasts a generous waterfall stone island bench with chic breakfast bar seating, sleek linear pendant lighting, pristine white cabinetry, and 900mm stainless steel cooktop appliances. Tucked alongside is an expansive walk-in pantry featuring abundant open shelving, stone prep counters, an extra workstation, and splashback tiling perfect for organised family prep.

Luxury Bathrooms & Fitted Laundry Room :-

The master ensuite and central bathroom showcase custom floating woodgrain vanities, dual ceramic vessel sinks, floor-to-ceiling tiling, and frameless glass rainfall shower screens. The functional walk-through laundry room offers extensive overhead storage, generous stone bench space, and direct outdoor sliding door access.

Broadford Estate & Country Lifestyle

Situated in one of Broadford's most desirable estates, this home enjoys easy access to the local golf course, train station, primary and secondary schools, and shopping precincts-offering true country serenity with full suburban connectivity.

Other TopNotch Highlights:

• 28 Squares (approx.) of spacious luxury living on a 788m² (approx.) block

• Prime East-Facing Orientation capturing morning light & evening backyard sun

• Only 1 years old - near-new condition with quality finishes

• 4 Generous Bedrooms & 2 Luxury Bathrooms

• Refrigerated heating and cooling

• Dedicated Home Theatre Room & separate private study/workstation zone

• Gourmet Kitchen with waterfall stone island & linear pendant lighting

• Massive Walk-In Pantry with built-in workstation & custom shelving

• Deluxe Bathrooms featuring floating woodgrain double vanities & rainfall showers

• Light Colorbond Roof, red-brick accents & double garage with internal access

• Fitted Laundry Room with overhead cabinets, stone counters & sliding door access

• Located in a premier estate close to Golf Course, Train Station, Schools & Shops

Contact Gavy on 0412 062 851 at TopNotch Real Estate today to arrange your private inspection.

Due Diligence Checklist:

Please see the link for an up-to-date copy of the Due Diligence Checklist:

https://www.consumer.vic.gov.au/housing/buying-and-selling-property/checklists/due-diligence

Disclaimer: Every precaution has been taken to ensure the accuracy of the above information; however, it does not constitute any representation by the vendor, agent, or agency. Floor plans are for representational purposes only and should be used as such.

Listing description written by Gavy Khangura, TopNotch Real Estate — reproduced as published, not verified by Districts.

Property features

  • Alarm System
  • Broadband
  • Built-in Robes
  • Dishwasher
  • Ensuites: 1
  • Floorboards
  • Fully Fenced
  • Gas Heating
  • Grey Water System
  • Remote Garage
  • Secure Parking
  • Shed
  • Study
  • Toilets: 2
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

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Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.