OFF MARKET

4/54 Cheddar Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 178m2
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Property Details for 4/54 Cheddar Rd, Reservoir

4/54 Cheddar Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1999. The property has a land size of 178m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in October 2021.

Building Type
Unit
Year Built
1999
Floor Size
89m2
Land Size
178m2
Local Government
Darebin
Lot/Plan
4/PS421180

Last Listing description (November 2021)

* Sale By Set Negotiation - Offers close Wednesday 3rd November 2021 at 5pm *

Set well back from the street for peace and privacy and enjoying the convenience of the bus at the door if you can't be bothered taking the short stroll to the beating heart of Reservoir with its station, cafe's, boutiques, eateries, and shopping options this spacious home delivers on that sought after combo of comfort and convenience. Timber floors enhance a spotless interior that complements two bedrooms (one with ensuite access to the family bathroom) and free-flowing living meals spaces. Anchored by a fully equipped kitchen complete with a very handy breakfast bar, it opens to a no-maintenance rear yard, where a covered deck and a fantastic alfresco zone are ready for summer living and entertaining.

* Ducted heating

* Large laundry with storage
* Garage
* Shed
* Two-way bathroom to the main bedroom
* Decked and paved alfresco spaces
* Timber floors
* Robes to both bedrooms
* Split system
* Lots of natural light

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 4/54 Cheddar Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$602,500
29 Oct 2021
Listed for Rent
$340/w
15 Feb 2021
  • 29 Oct 2021
    Sold for $602,500
  • 08 Oct 2021
    Listed for Sale UNDER CONTRACT
  • 19 Jan 2021
    Listed for Rent $380 / 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 28,217 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 172 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1020 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.