3/13 Fyfe Street, Reservoir VIC 3073
3/13 Fyfe Street, Reservoir VIC 3073
A two-bedroom, one-bathroom townhouse on a 143m² lot with one car space. This single-fronted villa unit offers open-plan living and a parkside setting. Built around 2013-2014, it is estimated at $546,000.
This townhouse occupies a rare position within Reservoir by combining a modern build with a compact, low-maintenance footprint. Its parkside setting and natural light are strong draws for first-home buyers and downsizers seeking a quiet, practical lifestyle. The property is well-situated within a residential pocket where standalone houses on larger lots dominate, making this unit a more accessible entry point into the suburb. It serves buyers who value contemporary finishes and a lock-and-leave configuration over expansive land.
The smaller lot size of 143m² may constrain long-term appreciation compared to larger properties in the area. The townhouse density and single-fronted configuration could also limit appeal for families or those seeking more space. While the estimated value appears competitive, buyers should weigh the property’s age—approximately a decade old—and whether any upcoming maintenance or body corporate fees might affect holding costs. The quiet, parkside setting is a genuine advantage, but its impact on resale value may depend on broader demand for this property type in Reservoir.
Detailed Independent Property Report prepared by PropCred Analyst team for 3/13 Fyfe Street, Reservoir VIC 3073
Checks found:
Value Risk
1
Liquidity Risk
2
Planning Risk
Income Risk
1
Execution Risk
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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
2
Bathroom
1
Parking
1
Land
143m²
Research & Review
Prepared by Steve Dalton, Senior Analyst
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Reviewed by Matt Proctor, Principal Analyst
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