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Sold on 14 Sep 2024 for $900,000

52 Dredge Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Land area: 738m2
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Property Details for 52 Dredge St, Reservoir

52 Dredge St, Reservoir is a 3 bedroom, 2 bathroom House with 4 parking spaces. The property has a land size of 738m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Land Size
738m2
Local Government
Darebin
Lot/Plan
1/TP114714

Last Listing description (September 2024)

Situated on a generous 738sqm (approx.) block, this much-loved brick family home is perfectly positioned in a prime Reservoir location, delivering exceptional value in a highly sought after area. This potential -packed residence features three spacious bedrooms (one with built in robes) serviced by a central bathroom with spa bath and double vanity. Boasting a neat and tidy presentation that maximises natural light, the spacious timber kitchen features abundant storage and flows effortlessly into and open meals and living area. A cosy formal living room with its inviting atmosphere, provides a perfect space for relaxation or family gatherings. Additionally, the home includes a sunroom for extra leisure space and a newly renovated laundry/bathroom with separate powder room at the rear. Outside, enjoy the large backyard which features an additional versatile room with its own kitchen and workshop area – ideal for hobbies, extra storage or as a separate retreat. Further highlights of the home include, high ceilings, timber floorboards in bedrooms, heating/cooling, roller shutters throughout for added security and privacy, water tank in backyard, wine cellar under the house and an electric gate leading to a carport and garage. With a substantial side drive offering plenty of additional space, this home is ready to move straight in. The home’s significant appeal is complemented by its proximity to various parklands, primary and secondary schools close by, public transport options including Keon Park train station and buses and easy access to M80 Ring Road. This is an opportunity not to be missed.

Property History for 52 Dredge St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$900,000
14 Sep 2024
  • 14 Sep 2024
    Sold for $900,000
  • 21 Aug 2024
    Listed for Sale $830,000 - $870,000
  • 18 Apr 1975
    Sold for $38,000

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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.

Suburb Insights for Reservoir 3073

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Matthew Zagami
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Isaac Katsouranis
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Jellis Craig 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.