OFF MARKET

45 Burbank Drive
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 2
Car spaces: 3
Floor area: 150m2
Land area: 728m2
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Property Details for 45 Burbank Dr, Reservoir

45 Burbank Dr, Reservoir is a 4 bedroom, 2 bathroom House with 3 parking spaces and was built in 1960. The property has a land size of 728m2 and floor size of 150m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
House
Year Built
1960
Floor Size
150m2
Land Size
728m2
Local Government
Darebin
Lot/Plan
88/LP50554

Last Listing description (February 2023)

This development of 3 Townhouses in the heart of Reservoir offers a unique opportunity for Builders/Developers.
With easy access to the Darebin creek trail, eateries and bars all around Reservoir, bus and train services close by, great schools and more, the location is sure to suit any buyer looking to move into a convenient location.
Ranging in size 160m2 - 169m2 (approx.), each townhouse is comprised of 3 bedrooms, 2 bathrooms, spacious living/dining and kitchen areas, large rear yards, storage areas and car accommodation.

With all the hard work done, commence pre-selling now or simply explore what is possible on 730 m2 of land.

Property History for 45 Burbank Dr, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$830,000
07 Feb 2023
Listed for Rent
$405/w
04 Mar 2019
  • 07 Feb 2023
    Sold for $830,000
  • 07 Jun 2022
    Listed for Sale SALE
  • 29 Mar 2021
    Sold for $700,000
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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 28,202 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.
There are currently 181 properties listed for sale, and 60 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1025 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.