4/115 Cheddar RoadReservoir VIC 3073
Property Details for 4/115 Cheddar Rd, Reservoir
4/115 Cheddar Rd, Reservoir is a 3 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 2017. The property has a land size of 243m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom Unit sold in Reservoir in the last 12 months.
Last Listing description (May 2024)
Quietly positioned at the rear of a boutique development, this single level unit offers private, light filled living over one level.
Surprisingly spacious, it features three double bedrooms, two with built in robes and the main with an ensuite bathroom and walk in robe, and central bathroom with shower over bath plus an open plan entertainers' kitchen, dining and living room with a northern aspect to the garden. Well-equipped, the kitchen includes stone benchtops, stainless steel appliances including a dishwasher and gas stovetop and a freestanding island bench. Additional highlights include a double carport, split system heating and cooling, storage, separate laundry, and garden shed.
Close to schools, parks, shops, cafes, trains, and buses.
Property History for 4/115 Cheddar Rd, Reservoir, VIC 3073
- 11 May 2024Sold for $700,000
- 17 Apr 2024Listed for Sale Auction $650,000 - $710,000
- 16 Nov 2022Listed for Rent $530 / week
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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 28,591 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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