Back 5/188 Broadway
Off Market

5/188 Broadway

Reservoir VIC 3073

2
2
1
110 m²
Unit
Last sold for $470,000
Jordan FahimJordan Fahim, last sold this property on 01 August 2025 after 23 days on market.

Overview

SOLD $470,000 BY JORDAN FAHIM AND NICK RISTEVSKI

Positioned for lifestyle and convenience, this beautifully renovated two bedroom unit presents a fantastic opportunity for first home buyers, downsizers, professionals, or savvy investors. Nestled in a sought after location just moments from Reservoir Train Station, Broadway shops, and vibrant cafés, this stylish home offers modern low-maintenance living at its finest. Step inside to discover a light-filled, open-plan layout designed for relaxed everyday living. The contemporary kitchen, complete with quality appliances and excellent storage, seamlessly connects to the dining and living zones, offering a warm and welcoming heart to the home. Both bedrooms are generously sized and feature built in robes, with the master enjoying its own private ensuite. Timber floors flow through the main living areas, while plush carpets add comfort underfoot in the bedrooms. A full size laundry and split system heating and cooling add practicality and year round comfort. Outdoors, the private courtyard provides a peaceful retreat ideal for enjoying a morning coffee or hosting weekend BBQs. Communal onsite parking along with ample street parking adds to the appeal. Perfectly positioned, this home places you within walking distance to Edwards Lake Park, Reservoir Leisure Centre, Broadway and Edwardes Street shops, and excellent transport options including the Plenty Road tram. Northland and Summerhill shopping centres are also just a short drive away, as is La Trobe University. Whether you're looking for your first home or secure a smart investment in a high-demand area, this residence is one that deserves your attention. Further information Land - 110m2 approx Deposit - 10% of the sale price Settlement - 30/45/60 days Currently leased at $490/week ($2129 per month) until 26/3/2026.

Features

2 bedrooms
2 bathrooms
1 carspace
1 garage space
110 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Reservoir over the last 12 months, the estimated median property value of 5/188 Broadway is $622.5k.

Median value
$622.5k
Estimated value range
$158k - $800k
Median days on market
25
Estimated value trend
13%
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 5/188 Broadway

2025
Sold
$470,000
01 Aug 2025 by Jordan Fahim, of Ray White Bundoora
2025
Rented
Undisclosed
Leased on 27 Mar 2025 by Ray White Bundoora
2023
Rented
Undisclosed
Leased on 26 Dec 2023 by Ray White Preston

Happy sellers in Reservoir

88%
88% 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 114 reviews in Reservoir over the last 12 months.

Local market activity for 2 bedroom units in Reservoir

In the last 12 months, 101 two-bedroom units similar to 5/188 Broadway, have been sold.

This represents a 18% increase in two-bedroom units sales when compared to the previous 12 months.

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