18 Best StreetReservoir VIC 3073
Property Details for 18 Best St, Reservoir
18 Best St, Reservoir is a 3 bedroom, 2 bathroom House with 6 parking spaces. The property has a land size of 759m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (June 2024)
Superbly located in the lucrative Reservoir market, this mid century BV family home will certainly attract a variety of astute purchasers looking for a solid investment with future capital growth in a prime real estate locale and the convenience of having everything you need literally at your doorstep.
Brilliantly positioned in a quiet, leafy tree lined street, enjoy all the benefits of inner city living, walking distance to the open air shopping village of trendy cafes and eateries, IGA Supermarket, Reservoir train station, bus services, only minutes to Gilbert Rd route 11 tram, local schools, sporting facilities and just footsteps to the iconic Edwards Lake Recreational Park.
Sitting on huge parcel of rectangular land approx 759m2 this charming property offers buyers endless possibilities and fabulous scope for future capital improvements, to either renovate, extend or redevelop as a multi unit site (STCA)
Additional features include
• Timber floor boards
• Ducted heating
• Split system
• Light fixtures and window furnishings
• Side drive to double garage
• Large grassed rear yard with established gardens
Property History for 18 Best St, Reservoir, VIC 3073
- 01 Jun 2024Sold for $962,500
- 03 May 2024Listed for Sale Auction Saturday 1st June at 11:30am
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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 28,263 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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