3/70 Cheddar RoadReservoir VIC 3073
Property Details for 3/70 Cheddar Rd, Reservoir
3/70 Cheddar Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 100m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Last Listing description (November 2023)
Single-level, spacious and with a private courtyard this two-bedroom home provides the perfect balance of comfort, convenience, and relaxation.
Step inside to discover a large lounge overlooked by a kitchen with plenty of storage options and preparation space and two bedrooms that share the family bathroom. A paved courtyard provides a private area for relaxed outdoor enjoyment.
Within easy access to both Ruthven and Reservoir Train station and the hub of activity that is Broadway, Edwardes and Spring Streets for your shopping, a meal or a latte.
Whether this is your great start, downsizer or for investment - this is great value buying in a sought-after pocket.
* Bathroom with laundry facilities
* Car park on title
* Built-in robes in both bedrooms
* Ready for value-adding upgrades over time
* Minutes from the heart of Reservoir
* A quick trip to the Ring Road
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 3/70 Cheddar Rd, Reservoir, VIC 3073
- 02 Sep 2023Sold for $382,000
- 31 Jul 2023Listed for Sale Under Contract
- 23 Sep 2000Listed 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 28,581 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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