40 Lloyd Avenue, Reservoir VIC 3073

40 Lloyd Avenue, Reservoir VIC 3073
3-bed family house | 543sqm block | Darebin Council | refurbished kitchen | strong family buyer demand This is a solid family house on a generous 543sqm block in Reservoir, a suburb where detached homes of this size are increasingly sought after. The brick veneer construction with a refurbished kitchen and multiple living spaces gives it a move-in ready feel that suits owner-occupier families or upgraders looking for space without immediate renovation demands. Its configuration aligns well with the established residential character of the area, making it a practical choice for buyers who value land and room to grow. The propertyโ€™s value may be influenced by the quality of the school catchment and the condition of the additional living areas, as these are not fully detailed. The lack of specified heating, cooling, or garage could affect liveability for some buyers, though the generous land parcel offers potential for future improvements. Darebin Councilโ€™s planning policies may also play a role in long-term value, so buyers should weigh how these factors align with their expectations.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 40 Lloyd Avenue, 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

1

Parking

3

Land

543mยฒ

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