SOLD
Sold on 22 Feb 2024 for $900,000

123 Rathcown Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 100m2
Land area: 751m2
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Property Details for 123 Rathcown Rd, Reservoir

123 Rathcown Rd, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 751m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
100m2
Land Size
751m2
Local Government
Darebin
Lot/Plan
306/LP8689

Last Listing description (March 2024)

Perfectly looked after and maintained , this immaculate home provides an environment of immediate comfort & functionality along with exciting potential to rebuild or redevelop (STCA) .

Immaculate presentation from start to finish, the home's light & bright interior currently comprises 2 bedrooms (large master) both with built-in robes, together with a spotless central bathroom & separate WC. Add to this a front lounge & adjoining dining room leading through to the kitchen/meals area complete with breakfast bar and gas cooker, plus ducted heating, air conditioner & full-size internal laundry.

Step outside to discover the main attraction - an impressively deep backyard with handy bungalow/storeroom, tandem double garage/workshop & additional carport via gated side driveway. Cheddar Road buses at the end of the street, it's also close to Ruthven Station, local schools, Darebin Creek trails & acres of parkland as well as easy access to Broadway/Edwardes Street cafes & vibrant shopping precinct.

Highly recommended, this rare opportunity won't last long!

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Property History for 123 Rathcown Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$900,000
22 Feb 2024
Listed for Rent
11 Jan 2023
  • 22 Feb 2024
    Sold for $900,000
  • 03 Nov 2022
    Listed for Rent - Price not available
  • 11 Aug 2022
    Listed for Sale Price on Application
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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 28,594 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 197 properties listed for sale, and 73 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1048 properties were sold in the past 12 months in Reservoir.

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