1/137 Hickford Street, Reservoir VIC 3073

2-bedroom townhouse | dual bathrooms | single parking | auction guide | 66% clearance zone The property’s two-bedroom two-bathroom configuration is notably rare in this price bracket and gives it a clear edge over the many one-bathroom townhouses nearby. For a buyer, that means genuine appeal to both owner-occupiers wanting guest flexibility and investors targeting professional couples or sharers. The auction format with a guide under $700,000 places it in Reservoir’s most active demand band, where the 66% clearance rate suggests reasonable competition but not a feeding frenzy. This unit serves best as a first home or a low-maintenance investment with solid rental upside, given the area’s skew toward renters at 40% and a young demographic profile. The main risk is the lack of recent comparable sales within the complex itself, making the price guide somewhat speculative. The previous sale at $587,000 is dated and the $595,000 for unit 2/137 may be from a different market cycle. Buyers should budget for potential overbidding if multiple parties see the same configuration advantage. On the opportunity side, the FTTP NBN availability adds a small but real premium for remote workers. The property should be held for at least five years to capture the ongoing gentrification pressure from nearby Reservoir station and high street improvements.