SOLD
RECENT ADVICE
Sold on 14 Nov 2024 for $501,000

1/70 Cheddar Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 89m2
Land area: 100m2
Sold By
Nelson Alexander - Reservoir
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Property Details for 1/70 Cheddar Rd, Reservoir

1/70 Cheddar Rd, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 1970. The property has a land size of 100m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 2 bedroom Townhouse sold in Reservoir in the last 12 months.

Building Type
Townhouse
Year Built
1970
Floor Size
89m2
Land Size
100m2
Local Government
Darebin
Lot/Plan
1/SP37765

Last Listing description (November 2024)

Beautifully updated and filled with natural light, this charming two-bedroom villa unit at 1/70 Cheddar Road is the ideal low-maintenance haven for relaxed living in Reservoir. Its conveniently close to shops, parks, schools, and universitiesperfect for first-time buyers, young families, downsizers, seeking a vibrant lifestyle.Welcoming engineered floorboards greet you at the entry and flow through to a spacious open living and dining area, where a split system ensures year-round comfort. The modern kitchen features ample cabinetry, a stylish tiled splashback, and quality stainless steel appliances, making it a delight for home cooks.Both comfortable bedrooms include built-in robes, with the second easily serving as a study or home office. The bright central bathroom boasts a lovely shower with a bath perfect for a young family and convenient internal laundry facilities. Step outside to a private courtyard, perfect for enjoying morning coffee or alfresco dining with friends. Carport parking is situated with easy direct access into your private courtyard. Take a leisurely stroll to nearby parks like J C Donath Reserve or a short drive to Darebin Creek reserve. Youre just minutes from Reservoir Village, where shops, cafs, and eateries await, as well as easy access to city trains via Reservoir Station and lively High Street. With Bundoora Park, Northland Shopping Centre, RMIT Bundoora, La Trobe University, and plenty of transport options nearby, this property is perfectly positioned for a convenient lifestyle.

Property History for 1/70 Cheddar Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$501,000
14 Nov 2024
Listed for Rent
$290/w
31 Jan 2014
  • 14 Nov 2024
    Sold for $501,000
  • 24 Oct 2024
    Listed for Sale Auction $465,000 - $500,000
  • 12 Dec 2013
    Listed for Rent - Price not available
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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 28,592 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 203 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1046 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.