4/59 Cheddar RoadReservoir VIC 3073
Property Details for 4/59 Cheddar Rd, Reservoir
4/59 Cheddar Rd, Reservoir is a 1 bedroom, 1 bathroom Unit and was built in 2010. The property has a land size of 101m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (March 2023)
Set at the back of the block, this modern one bedroom unit provides a fantastic floor plan and comfortable living.
Featuring open plan living area with sliding doors out to your own private courtyard, well-designed kitchen with meals space, central bathroom, European laundry, single bedroom with built in wardrobes and picturesque views of the sunlit low maintenance courtyard.
Located walking distance to Broadway and Edwardes street shops, Reservoir Train Station, buses, Reservoir Primary School and only a 10-minute drive to La Trobe University or Northland Shopping Centre.
Property History for 4/59 Cheddar Rd, Reservoir, VIC 3073
- 06 Mar 2023Listed for Rent $350 / week
- 07 Jun 2021Sold for $426,000
- 18 May 2021Listed for Sale ONLINE AUCTION - $330,000 - $360,000
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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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:
- The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
- Houses have a median rent of $520 while Units have a median rent of $480.
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