Back 56 McMahon Road
Off Market

56 McMahon Road

Reservoir VIC 3073

3
1
1
757 m²
House
Last sold for $782,500
Abdul AlloucheAbdul Allouche, last sold this property on 16 December 2016 after 28 days on market.

Overview

Promise, Potential & Ideally Located!

This charming property has so much potential - Build your family home or develop! All the hard work has been done for you, with the plans and permits for three townhouses available on this large approx 757sqm block of land. Boasting a formal living room, kitchen/meals area in its original condition with gas cooking and a separate lounge room. Three bedrooms all with built in robes, central bathroom, study, separate laundry and a large rear yard which is perfect for entertaining family and friends. This home is designed for living! Completing the home is ducted heating, cooling, alarm and a single garage. Positioned in a quiet street in the heart of Reservoir, surrounded by parks, schools, Northland Shopping Centre and public transport.

Features

3 bedrooms
1 bathroom
1 carspace
757 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 56 McMahon Road is $930k.

Median value
$930k
Estimated value range
$624k - $1.7m
Median days on market
25
Estimated value trend
6%
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 56 McMahon Road

2023
Rented
Undisclosed
Leased on 10 Dec 2023 by Ray White Brunswick
2019
Rented
Undisclosed
Leased on 03 Jun 2019 by Ray White Brunswick
2016
Sold
$782,500
16 Dec 2016 by Abdul Allouche, of Ray White Brunswick

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 102 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom houses in Reservoir

In the last 12 months, 275 three-bedroom houses similar to 56 McMahon Road, have been sold.

This represents a 19% increase in three-bedroom houses sales when compared to the previous 12 months.

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