SOLD
RECENT ADVICE
Sold on 20 May 2024 for $388,000

3/15 Cheddar Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/15 Cheddar Rd, Reservoir

3/15 Cheddar Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Local Government
Darebin
Lot/Plan
3/RP7278

Last Listing description (May 2024)

SOLD BY ROSS KONTOSSIS 0413 224 811

Perfect for first-time home buyers seeking comfort or downsizers yearning for low-maintenance living, this charming 2-bedroom unit offers a fantastic opportunity to enjoy convenience and practicality. Nestled in a sought-after area, this property is defined by its thoughtful layout, functional features, and close proximity to various amenities.

As you step through the entrance, you're greeted by a spacious living area adorned with solid timber floorboards. This flows seamlessly into a combined meals and kitchen zone featuring the added convenience of a gas cooktop. Stay comfortable all year round with the included air conditioning unit that ensures a pleasant atmosphere no matter the season.

The central bathroom boasts a shower over the bathtub and also doubles as a shared laundry space, offering practicality without sacrificing aesthetics. A linen closet provides extra storage for your convenience.

Additional features comprise built-in robes in both bedrooms, a designated parking space, and a private rear courtyard. This courtyard offers a peaceful outdoor area for relaxation and enjoyment, requiring minimal upkeep.

What truly sets this unit apart is its incredible location. Situated within a short walking distance to Reservoir Train Station, Edwardes Shopping Precinct, and Broadway Shopping Strip, you'll have an array of shopping, dining, and entertainment options at your doorstep. Nature enthusiasts will appreciate the proximity to Edwardes Park Lake, which offers a picturesque escape.

For families, the unit is conveniently located near primary schools and La Trobe University, catering to various educational needs.

Don't miss out on this exceptional property that offers both comfort & convenience.

Property History for 3/15 Cheddar Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$388,000
20 May 2024
Listed for Rent
$275/w
04 Apr 2023
  • 21 May 2024
    Sold for $388,000
  • 06 Sep 2023
    Listed for Sale Not Disclosed
  • 20 Mar 2023
    Listed for Rent $275 / week
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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 28,591 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 199 properties listed for sale, and 72 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1039 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Contact agent
Ross Kontossis
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Christine Constantinou
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Barry Plant - Reservoir
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.