FOR RENT
$600 per week

55 Gilbank Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Available From
Thursday 19 December 2024| Bond $2,600
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Your Contemporary Oasis!

Perfectly situated on the cusp of Preston is this contemporary 2-bedroom townhouse that effortlessly blends modern design with everyday convenience. As you step inside, you'll immediately appreciate the open-plan living, dining, and kitchen area, where sleek modern floorboards and a skylight in the kitchen create a bright, airy atmosphere.
The large windows throughout invite abundant natural light, enhancing the home's inviting feel. Sliding doors seamlessly connect the indoor space with a low-maintenance backyard. The manicured front yard further enhances the home's curb appeal.
Both bedrooms are equipped with built-in wardrobes and split system air conditioning, ensuring comfort throughout the year. The modern bathroom boasts a large shower, adding to the home's contemporary charm. The European laundry, discreetly tucked away, offers additional convenience.
The location has plenty to offer with its close proximity to Reservoir station and nearby bus lines, as well as Edgars Creek, Merri Creek and Edwardes Lake nearby for leisurely afternoon strolls. Northland Shopping Centre, Pentridge and Spring Street shops offer everything you need - and zoned to Reservoir West Primary School and Preston High School.

Property Details for 55 Gilbank St, Reservoir

55 Gilbank St, Reservoir is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces. The place is currently for rent with Biggin & Scott Inner North .

Building Type
Townhouse

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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Reservoir in 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation. In 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.

Reservoir has 28,688 properties. Over the last 5 years, Houses in Reservoir have seen a 14.11% increase in median value, while Units have seen a 13.77% increase. As at 30 November 2024:

  • The median value for Houses in Reservoir is $901,846 while the median value for Units is $601,775.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 157 properties listed for sale, and 69 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1055 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Michaela Tsementzis
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Biggin & Scott Inner North
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.