FOR SALE
Auction: $900,000 - $990,000

17 Cuthbert Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 659m2
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Auction Time
Sat 30 Nov 12:00 pm
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No upcoming inspections scheduled.
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Opportunity Of A Lifetime In The Heart Of Reservoir

Opportunities are bountiful with this outstanding find in a premier heart-of-Reservoir location, which is guaranteed to change the life of those with a little vision.
The sizeable 659.3sqm (approx.) north-facing allotment is rich in potential and will attract strong interest, given its 'blank canvas' nature and unbeatable location across the road from Reservoir Leisure Centre and TW Andrews Reserve, within short walking distance of Broadway shops and cafes, Reservoir train station, Reservoir East Primary School and Plenty Road trams and only minutes from Northland Shopping Centre, Bundoora Park, Edwardes Lake Park and La Trobe University.
The block has development written all over it, with homebuyers strongly encouraged to capitalise on the family-friendly location and build their dream family home or pair of luxury townhouses. Plans and permit approved for 2 side by side homes approved!
Whatever your vision, make sure it's the one that sees the light of day.
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Property Details for 17 Cuthbert Rd, Reservoir

17 Cuthbert Rd, Reservoir is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 659m2. The place is currently for sale with Ray White Reservoir.

Building Type
House
Land Size
659m2

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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 28,595 properties. Over the last 5 years, Houses in Reservoir have seen a 18.33% increase in median value, while Units have seen a 18.50% increase. As at 31 October 2024:

  • The median value for Houses in Reservoir is $914,960 while the median value for Units is $603,893.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 202 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1043 properties were sold in the past 12 months in Reservoir.

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Keb Nguyen
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Selena Peng
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Ray White Reservoir
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