3/33 Mcmahon Road, Reservoir VIC 3073

3/33 Mcmahon Road, Reservoir VIC 3073
3-bed townhouse in a flood zone | 189 mยฒ block | 75% rented in the cluster | modern infill with car parking This townhouse sits within a small, contemporary cluster of three townhouses and a single house, a configuration that is relatively uncommon in Reservoir’s older housing stock. The 3-bedroom, 2-bathroom layout with dedicated car accommodation is well-suited to small families or investors seeking a lower-maintenance alternative to a detached house. The high rental proportion in the building signals established tenant demand, which may support consistent rental returns for an investor. The modern townhouse format also tends to appeal to buyers who value a newer build with open-plan living, as suggested by the sibling unit’s description. The property’s location within a flood zone is a material factor that may affect insurance costs and buyer perception, potentially narrowing the pool of interested purchasers. The 189 mยฒ block is smaller than some neighbouring townhouse lots, which may limit future extension potential or outdoor space. The exact build year and interior finishes are not confirmed, so the property’s condition and age should be assessed directly to form a reliable view on price. A buyer should weigh these constraints against the established rental demand and the convenience of a modern townhouse in a low-rise suburban setting.
Detailed Independent Property Report preparedย  by PropCred Analyst team forย 3/33 Mcmahon Road, 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

4

Bathroom

3

Parking

2

Land

676mยฒ

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