3 Ethel GroveReservoir VIC 3073
Property Details for 3 Ethel Gr, Reservoir
3 Ethel Gr, Reservoir is a 3 bedroom, 2 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 592m2 and floor size of 113m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (September 2021)
"You must pre-book to attend an inspection. Please contact the agent to arrange this".
This home is perfectly positioned in the highly sought-after Oakhill Estate on approx. 595m2 of land, with an approved planning permit to develop two three-bedroom luxury townhouse residences.
The current home is complemented by two generous sized bedrooms, dining area/possible 3rd bedroom, kitchen with meal area, central bathroom, and laundry.
Currently leased at $1,347 pcm on a month-to-month lease.
Do not miss out on this rare opportunity to secure sound development opportunity!
Photo ID Required at all Open for Inspections.
Property History for 3 Ethel Gr, Reservoir, VIC 3073
- 17 Jun 2021Sold for $900,000
- 26 Apr 2021Listed for Sale $880,000 to $925,000
- 23 Jan 2018Sold for $720,000
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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 28,604 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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