Reservoir VIC 3073, Australia
Key points for 3/1 Mcfadzean Avenue.
Also written as Unit 3, 1 Mcfadzean Avenue.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 14 Dec 2024 | $538,500 | — |
| Sale | 15 Jul 1993 | $87,500 | — |
| Sale | 1 Jul 1986 | $122,000 | — |
The address is a unit situated within the Reservoir suburb of Melbourne. It offers a low‑rise, self‑contained living space
The property features two bedrooms and one bathroom, providing comfortable accommodation for a small household or couple
The unit sits on a 141 m² parcel of land, typical for a residential lot in the area
Reservoir railway station is about 1.1 km away, with Ruthven station roughly 1.2 km and Regent station around 2 km. Several bus routes serve the suburb, and a tram stop on West Preston/Gilbert Rd is also about 2 km distant
Edwardes Lake is only 0.3 km away, while J E Moore Park and Crispe Park are each about 0.7‑1.1 km from the unit. Additional green spaces such as Donath Park (≈1.9 km) and the Merri Creek Trail are also within easy reach
Reservoir is home to the Edwardes Street and Broadway shopping strips, and the Northland Shopping Centre is a short drive away. The suburb also features local cafés, restaurants and the historic Cinema North, all within a few kilometres
Reservoir was first surveyed in 1837 and later named after three water reservoirs built in 1863. The area developed around the Preston Reservoir system and includes historic sites such as the Rose Shamrock Hotel (opened 1854)
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