Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
For sale
For sale
2
Bedrooms
1
Bathrooms
1
Car spaces
Districts View
No upside evidence detected in the data Districts holds for this lot.
No detected risks — but see the checklist: absence of evidence is not an all-clear.
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
Asking
No recorded sale price for this property yet.
Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Planning
Planning data is being calculated
Data unavailable
Source
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 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 exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.
Records
Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.
Capital growth
VICPlanning 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.
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
No advertised rent is recorded. Suburb median rent $502/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms.
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.
Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.
Verdict
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.”
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
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
UnknownPlanning layers have not been retrieved for this property yet.
Nearby development pipeline
UnknownArea
Reservoir at a glance
55,353
People
$965,000
Median sale
$502/wk
Median rent
2.71%
Suburb gross yield
Median sale from 25 recorded sales (last 12 months) — a Districts calculation.
Listing material
Listed by Bombay Real EstateStep into easy and convenient living with this well-positioned two-bedroom residence, perfectly situated in the heart of Reservoir.
Boasting 2 spacious bedrooms, 1 central bathroom, and secure off-street parking, this property is an excellent opportunity for first-home buyers, downsizers, couples, or savvy investors looking for a low-maintenance home in a convenient location.
Inside, both bedrooms are generously sized and offer comfortable accommodation, while the central bathroom provides practicality for everyday living. The home features a welcoming living area designed to provide a comfortable space to relax, unwind, and enjoy time with family and friends.
The kitchen offers a practical layout with functional storage and preparation space, making everyday cooking convenient while maintaining a seamless connection with the home's living areas.
Comfort is further enhanced by heating and air conditioning, helping create a pleasant environment throughout the seasons. Natural light flows through the home, adding to the warm and inviting atmosphere.
Step outside to a private courtyard, providing a low-maintenance outdoor space ideal for enjoying your morning coffee, relaxing after a long day, or entertaining guests.
Positioned in a highly convenient Reservoir location, this home provides easy access to local shopping, schools, parks, public transport and major road connections, making everyday living simple and convenient.
Key Features:
2 spacious bedrooms | 1 bathroom | 1 car space
Comfortable living area
Practical kitchen with ample storage
Central bathroom
Heating & air conditioning
Built-in robes
Private courtyard
Low-maintenance lifestyle
Excellent opportunity for first-home buyers, downsizers & investors
Convenient access to public transport, schools, shops and local amenities
Nearby Amenities:
Shopping / Retail & Services:
Reservoir Village Shopping Centre
Broadway Shopping Precinct
Summerhill Shopping Centre
Northland Shopping Centre
Education / Childcare:
Reservoir Primary School
William Ruthven Secondary College
St Joseph the Worker School
William Ruthven Primary School
St Gabriel's School
Transport / Public Transit:
Reservoir Train Station
Local bus services throughout Reservoir
Convenient access to major arterial roads
Easy connections towards Preston, Northland and Melbourne's northern suburbs
Parks / Open Space:
Local parks and reserves
Edwardes Lake Park
Summerhill Park
J C Donath Reserve
Health / Medical:
Northland Medical Centre
Plenty Road medical and healthcare services
The Northern Hospital
A perfect blend of comfort, convenience and low-maintenance living, 3/10 Elliot Street, Reservoir presents an excellent opportunity for those looking to secure a home in a well-established and highly connected northern suburb.
Whether you're looking for your first home, a comfortable property to downsize into, or a smart addition to your investment portfolio, this residence is well worth your inspection.
Contact Abbas on 0449 922 172 for more information.
Due Diligence Checklist - for Home and Residential Property Buyers:
http://www.consumer.vic.gov.au/duediligencechecklist
Listing description written by Abbas Ali, Bombay Real Estate — reproduced as published, not verified by Districts.
Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.
Honest achievable rent
KnownlowThis 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
UnknownSupply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.
Why is this cheap?
UnknownThe constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.
Lot-level flood
UnknownOfficial flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”
Catalyst exposure
UnknownFunded catalyst catchments are not loaded. A TOD badge is not this product.
This lot's DA history
UnknownDevelopment applications have not been queried for this parcel.
Statutory land value versus ask
UnknownStatutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.
Net yield / holding costs
UnknownNet yield / holding costs are not estimated outside NSW without inventing land tax.