SOLD
Sold on 06 Jul 2024 for $625,000

3/97 Cuthbert Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 109m2
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Property Details for 3/97 Cuthbert Rd, Reservoir

3/97 Cuthbert Rd, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2017. The property has a land size of 109m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Townhouse sold in Reservoir in the last 12 months.

Building Type
Townhouse
Year Built
2017
Floor Size
95m2
Land Size
109m2
Local Government
Darebin
Lot/Plan
3/PS739416

Last Listing description (September 2024)

Ideally positioned just one block from Broadway's great range of retail and restaurant options, just moments away from newly renovated Reservoir station together with bus service routes on Broadway complement this dynamic dual level townhouse delivering inviting dimensions behind a distinctive modern faade. Natural light from a north-facing aspect fills the upstairs living/dining area beautifully while a generous balcony also soaks up the sun. Main bedroom that's complemented by built-in robes, a fully-tiled central bathroom and a second double bedroom with its own built-in robes. Polished hardwood floorboards and an open-plan kitchen featuring stone benches, stainless steel appliances and stylish cabinetry further enhance the spaces of a design where an upstairs powder room and a downstairs laundry contribute to the evident sense of quality. Reverse cycle heating/cooling units keep each room individually comfortable. A secure single garage provides the perfect conclusion to this instantly attractive address, one of only four.

Property History for 3/97 Cuthbert Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$625,000
06 Jul 2024
  • 06 Jul 2024
    Sold for $625,000
  • 11 Jun 2024
    Listed for Sale $625,000

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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 28,263 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.
There are currently 192 properties listed for sale, and 68 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1042 properties were sold in the past 12 months in 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.