167 Spring Street, Reservoir VIC 3073
167 Spring Street, Reservoir VIC 3073
Modern 3-bed townhouse | study retreat | near two stations | secure garage | low-maintenance
This townhouse is presented as a strong offering for buyers seeking a contemporary, low-maintenance home in a well-connected location. The inclusion of a study retreat and open-plan living enhances its versatility, while the proximity to Regent and Reservoir stations underpins its commuter appeal. School zoning to Reservoir West and Preston High adds long-term value for families. The property is likely to attract strong interest from both owner-occupiers and investors.
The standard townhouse footprint of 264 m² limits land-driven capital growth, and buyers should note the potential for competition given online valuations above the guide range. Confirmation of the exact parking provision is recommended, as listing discrepancies exist. However, for those prioritizing location and modern amenity, this represents a sound entry point into the Reservoir market.
Detailed Independent Property Report prepared by PropCred Analyst team for 167 Spring Street, Reservoir VIC 3073
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Market Insight:
Reservoir presents as a well-established, family-oriented suburb with a balanced mix of housing types. Demand is driven by both families seeking larger homes and investors attracted to consistent rental demand and solid yields. Recent price trends show steady, moderate growth across both houses and units, with a market characterised by healthy sales volumes and reasonable selling periods. Future growth is underpinned by strong transport links and ongoing rental demand, though the market faces constraints from moderate supply pressure and sensitivity to broader economic conditions affecting investor returns.
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PropCred Estimated Value
Bedrooms
3
Bathroom
2
Parking
1
Land
264m²
Assessments Delivered Today
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