39/2 Gremel RoadReservoir VIC 3073
Property Details for 39/2 Gremel Rd, Reservoir
39/2 Gremel 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 October 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.
Last Listing description (October 2024)
SOLD BY ADRIAN ANTONELLO 0412 003 318
Superbly located on a corner is a well presented and elevated residence that is sure to wow the homebuyer that is downsizing.
With nothing to spend and ready to move straight in, this beautifully refurbished property offers a bright spacious formal lounge room that is heated by gas heater and cooled throughout by evaporative cooling.
The open plan living flows into the informal dining room and modern kitchen with gas stove and pantry.
Two bedrooms both with built in robes (ceiling fan in the main bedroom), central bathroom with double shower, separate toilet and laundry facilities.
Added features of this home are remote controlled shutters and sunblinds on the verandah, hot water service, carport and under cover entertainment area, shed and beautiful gardens that surround the property.
The park fees for residing in this wonderful community is $640 per fortnight that covers water expenses, upkeep of gardens, roads and street lighting.
Located only a short walk to Summerhill Village which features Aldi, Coles, Kmart, Chemist, Doctor's, eateries, fruit stores and so much more. Additionally, the Plenty Road Tram provides convenient access to the city, Bundoora Park, Latrobe university, DFO's and so much more.
IMPORTANT - You must be over 55 to live in the Summerhill Residential Park.
Property History for 39/2 Gremel Rd, Reservoir, VIC 3073
- 17 Oct 2024Sold for $145,000
- 25 Sep 2024Listed 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 28,590 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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