2/16 Cuthbert RoadReservoir VIC 3073
Property Details for 2/16 Cuthbert Rd, Reservoir
2/16 Cuthbert Rd, Reservoir is a 2 bedroom, 1 bathroom Villa with 2 parking spaces. The property has a land size of 178m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Villa sold in Reservoir in the last 12 months.
Last Listing description (October 2024)
Here's an exciting opportunity for first-time buyers, downsizes and savvy investors to enter a desirable Reservoir pocket.
This charming 2-bedroom, 1-bathroom and one car garage unit is the perfect opportunity now!
Situated on a generous block, this property offers a low-maintenance lifestyle with a single garage space for convenience. The interior features a spacious living area, a well-appointed kitchen, polish floorboards, alfresco area, decking and roof turbine.
Featuring a private rear courtyard, low-maintenance front garden, air-conditioning, ducted heating and split system. It's an inspired choice in a prized lifestyle location within walking distance of Reservoir leisure center, bus services, shops and cafes, Reservoir Train Station and minutes from local schools and the Metropolitan Ring Road.
Inspection is a must!
Property History for 2/16 Cuthbert Rd, Reservoir, VIC 3073
- 12 Oct 2024Sold for $585,000
- 09 Sep 2024Listed for Sale $550,000 to $600,000
- 19 Feb 2016Listed for Sale Not Disclosed
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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 28,217 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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