OFF MARKET

3/167 Cheddar Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 57m2
Land area: 126m2
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Property Details for 3/167 Cheddar Rd, Reservoir

3/167 Cheddar Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 126m2 and floor size of 57m2. While the property is not currently for sale or for rent, it was last sold in July 2022.

Building Type
Unit
Year Built
2015
Floor Size
57m2
Land Size
126m2
Local Government
Darebin
Lot/Plan
3/PS700870

Last Listing description (February 2023)

***Sale By Set Date***

Offers Closing Tuesday 19th July at 5pm (unless sold prior)

A modern, light-filled beauty awaits buyers seeking low maintenance ease, stylish comfort and open plan bliss. Representing quality value for those on their first home journey, effortless living for downsizers and great rental returns for astute investors. Part of a boutique block amongst friendly neighbours and a vibrantly diverse community, well-supported by shops, public transport, schools and parks. Appeasing the style conscious, this gorgeous abode is perfectly finished with timber flooring and large windows throughout, highlighted by a crisp, neutral palette. Feel immediately at home with integrated living, dining and an open kitchen superbly appointed with stainless steel appliances including oven and gas top cooking.

There are 2 spacious bedrooms each fitted with built-in robes, a sparkling bathroom and a space saving euro laundry. Featuring ceiling ducted heating, an ADCO inverter, quality roller blinds, a private courtyard and off-street parking.
Located for lifestyle and convenience, residents can walk to Keon Park Station and JC Donath Reserve, explore a myriad of bike paths and choose between several shopping destinations including Reservoir Village, Summerhill Shopping Centre and Northland Shopping Centre. This prized address is zoned for Reservoir Views Primary School and William Ruthven Secondary College and enjoys easy access to Western Ring Rd, Hume Freeway and the Tullamarine Freeway.

Property History for 3/167 Cheddar Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$405,000
16 Jul 2022
Listed for Rent
21 Feb 2019
  • 16 Jul 2022
    Sold for $405,000
  • 22 Jun 2022
    Listed for Sale Contact Agent
  • 13 Jun 2020
    Sold for $370,000
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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 28,592 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.
There are currently 203 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1043 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.