27 Ramleh RoadReservoir VIC 3073
Property Details for 27 Ramleh Rd, Reservoir
27 Ramleh Rd, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (July 2024)
It's debatable whether young families are likely to find a better upgrade option than this honest family home, which is bursting with value and offers generous living, a beautifully landscaped 741sqm (approx.) allotment and a location delivering convenient access to everything your family needs.
A light and bright interior styled with warm timber floors underfoot and high ceilings above is very easy on the eye and gives the lucky buyer the freedom to decorate freely, while its neat and tidy presentation also means the future occupant can move straight in and get on with enjoyable living from the outset.
The north-facing lounge is filled with natural light and warmth, and while the scenic front garden aspect is enjoyable from the couch, it's even better from the front deck!
Size and space are desirable features of the well-appointed kitchen, and when you have the option of enjoying BBQ dinners out on the huge all-seasons rear deck whilst marvelling at the backyard and sparkling lights of the CBD in the distance, you're spoiled for choice.
The size and scale of the backyard which has been cleared of all trees with all approvals ready for construction means there's scope to introduce a swimming pool or an extension to the home with city views or better yet a full scale development (STCA). While plenty of off-street parking and fantastic access to the Darebin Creek Trail, numerous schools, La Trobe University, Plenty Road trams and the Broadway shopping strip completes the appeal, this excellent find for the value-seeking homebuyer or developer.
Property History for 27 Ramleh Rd, Reservoir, VIC 3073
- 05 Jul 2024Sold for $825,000
- 02 Feb 2024Listed for Rent - Price not available
- 24 Jan 2023Listed for Sale $890,000
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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 28,592 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.
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