OFF MARKET

3 Inverness Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 836m2
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Last updated 9 Sep 2024
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Property Details for 3 Inverness St, Reservoir

3 Inverness St, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 836m2.

Building Type
House
Land Size
836m2
Local Government
Darebin
Lot/Plan
756/LP10498

Last Listing description (September 2024)

For the first time in its history, the beloved family home at 3 Inverness St, Reservoir, is being offered for sale. This property, set on a substantial 836 sqm of prime land, has been a place of cherished memories and unwavering care by its original owner. Now, it opens its doors to a new chapter, offering a rare opportunity to create your own story in one of Reservoir's most sought-after neighbourhoods.

From the moment you step inside, you're greeted by the warmth and character that define this home. The formal lounge and separate dining area, connected by elegant arches, evoke a sense of nostalgia, a testament to the timeless design of its era. The three generously sized bedrooms are bathed in natural light, providing comfortable retreats for family members. The central bathroom, well-positioned to serve the home, retains its classic charm.

The heart of the home is the kitchen, perfectly positioned at the rear, where large windows frame picturesque views of the expansive garden. This space is more than just a place to prepare meals; it's a spot where you can keep an eye on the kids as they play outside, or simply enjoy the serenity of the garden while you go about your day. The home is equipped with ducted heating, ensuring warmth and comfort throughout the cooler months.

At the back of the property, you'll find a larger-than-average double garage and a separate workshop-ideal for those who need extra space for projects, storage, or hobbies. The expansive backyard offers endless possibilities, whether you envision it as a playground for the kids, a garden oasis, or even the site of a future extension or development.

This property is brimming with potential. Whether you choose to renovate and restore its original charm or explore the opportunity to redevelop on this generous block, 3 Inverness St provides a solid foundation for your dreams. The location is unbeatable, nestled within walking distance to the tranquil Darebin Parklands, and conveniently close to quality schools, local shops, and Reservoir Station.

This is more than just a house; it's a home with a rich history, ready to welcome a new family. The chance to own such a property in this tightly held pocket of Reservoir is rare-don't miss the opportunity to make it your own.

Property History for 3 Inverness St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
  • 20 Aug 2024
    Listed for Sale AUCTION

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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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:

  • The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 181 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1049 properties were sold in the past 12 months in Reservoir.

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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.