167 Rathcown RoadReservoir VIC 3073
Property Details for 167 Rathcown Rd, Reservoir
Last Listing description (August 2024)
SOLD BY ROSS KONTOSSIS 0413 224 811
Situated in a premium location this approved and endorsed development site for 4 dwellings on 743m2 is sure to appeal to all builders & investors.
Comprising 4 large dwellings ready to build the plans consist of the following:
TH1- 2 bed 2 bath 1 study plus retreat 2 cars 15.2sq
TH2- 2 bed 2 bath 1 car 11.46sq
TH3- 3 bed 2 bath 2 cars 15.8sq
TH4 – 2 bed 1 bath 1 car 10.6sq
All dwellings have been architecturally designed with space and functionality in mind, a great opportunity for those looking to acquire their next project.
Property History for 167 Rathcown Rd, Reservoir, VIC 3073
- 10 Aug 2024Sold for $940,000
- 02 Aug 2023Listed for Sale Not Disclosed
- 01 Mar 2021Sold for $900,000
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0About 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 28,217 properties. Over the last 5 years, Houses in Reservoir have seen a 22.36% increase in median value, while Units have seen a 19.72% increase. As at 30 September 2024:
- The median value for Houses in Reservoir is $917,681 while the median value for Units is $600,755.
- Houses have a median rent of $530 while Units have a median rent of $490.
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