1/50 Royal Parade

Off Market

1/50 Royal Parade

Reservoir VIC 3073

120 m²

Townhouse

Last sold for $700,000

Lucas Mitsinikos, last sold this property on 01 November 2026 after 33 days on market.

Overview

Spacious Living & Modern Comfort

Offering a spacious and low-maintenance lifestyle in a convenient location, An excellent opportunity for first-home buyers, young families, downsizers or investors seeking a well-appointed three-bedroom home with plenty of practical appeal Designed with modern living in mind, the home features a spacious open-plan living, dining and kitchen area, creating a welcoming central hub for everyday living, dining and entertaining. The generous living space is enhanced by a split system for year-round comfort, while the adjoining kitchen provides plenty of room to prepare meals and stay connected with family and guests. The accommodation comprises three well-proportioned bedrooms. The main bedroom features built-in robes, a private ensuite and its own split system, while the remaining two bedrooms both include built-in robes and provide comfortable accommodation for family members or guests. A central bathroom services the home, providing additional convenience for residents. Outside, a private courtyard provides an inviting space for outdoor entertaining, relaxing or enjoying a morning coffee. The property also features a securely enclosed private front yard, offering additional outdoor space and privacy. Completing the home is a double lock-up garage, providing secure off-street parking and excellent practicality for families, couples or those requiring additional storage space. Positioned in a convenient location close to local schools, parks, shops, cafes and public transport, the property offers the convenience of having everyday amenities within easy reach. Its combination of generous living spaces, three bedrooms, two bathrooms, multiple outdoor areas and a double garage makes it an appealing choice for a range of buyers. 1/50 Royal Parade presents an opportunity to secure a spacious three-bedroom home offering comfortable living, excellent accommodation and the convenience of a low-maintenance lifestyle.

Features

3 bedrooms

2 bathrooms

2 carspaces

2 garage spaces

120 m² floor area

Townhouse

Estimated Value

Based on this property and similar 3 bedroom townhouses sold in Reservoir over the last 12 months, the estimated median property value of 1/50 Royal Parade is $806.5k.

Median value

$806.5k

Estimated value range

$609k - $1.08m

Median days on market

Estimated value trend

increase over the last 12 months

Average days on market is based on recent, comparable sales in Reservoir. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 1/50 Royal Parade

2026

Sold

$700,000

01 Nov 2026 by Lucas Mitsinikos, of Ray White Reservoir

2019

Rented

Undisclosed

Leased on 30 Sep 2019 by Ray White Reservoir

Happy sellers in Reservoir

90%

90% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 86 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom townhouses in Reservoir

In the last 12 months, 103 three-bedroom townhouses similar to 1/50 Royal Parade, have been sold.

This represents a 30% increase in three-bedroom townhouses sales when compared to the previous 12 months.

Sold

For Sale

For Rent

Interested in selling?

People are reaching out to these agents in Reservoir for a free market appraisal.

Ian Dempsey

at Ray White Preston

4.9

(512 reviews)

Get a free market appraisal

Nick Mylonas

at Fletchers Inner North

(168 reviews)

Get a free market appraisal

George Gimelli

at Ray White Preston

(60 reviews)

Get a free market appraisal

George Ioannou

at Harcourts Rata & Co - Reservoir

4.9

(203 reviews)

Get a free market appraisal

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Reservoir

Ian Dempsey

Ian Dempsey is an award winning recommended agent for Reservoir. They have 73 local sales and collected 24 local reviews across the last 12 months.

4.9 (512 reviews)
24 Reviews in Reservoir
73 Sales in Reservoir

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Nick Mylonas

Nick Mylonas is a recommended agent for Reservoir. They have 9 local sales and collected 9 local reviews across the last 12 months.

5 (168 reviews)
9 Reviews in Reservoir
9 Sales in Reservoir

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George Gimelli

George Gimelli is a recommended agent for Reservoir. They have 18 local sales and collected 8 local reviews across the last 12 months.

5 (60 reviews)
8 Reviews in Reservoir
18 Sales in Reservoir

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George Ioannou

Sellers who recommend George Ioannou have praised them for being clear communication, local expert, supportive, honest, dedicated, responsive and friendly