48 Dumbarton StreetReservoir VIC 3073
Property Details for 48 Dumbarton St, Reservoir
48 Dumbarton St, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 833m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (August 2024)
Whether you're looking to move in, renovate, invest, or develop, this expansive parcel of prime real estate offers endless possibilities. Situated on a flat 833m2 (approx) block with a generous frontage, the property's versatile layout provides numerous options (S.T.C.A).
With the potential for multi-unit development on the horizon, you have the opportunity to retain the existing home and develop the rear (STCA), or explore the option to knock down and build multi units (STCA)-the choices are limitless.
The original home that exudes retro charm boasts a spacious floor plan featuring three bedrooms, a central bathroom, generous living area, a separate laundry, large garage and more. Ideally located within walking distance to local schools, shops, cafes, and picturesque parklands, with Ruthven & Reservoir train stations just moments away and easy access to the CBD (13km), ring road, and Northland Shopping Centre.
Key Features:
Enjoy a north-facing backyard
Quiet street just meters from Darebin Parklands
Close proximity to Reservoir Views Primary School
Wide side driveway providing excellent car access, along with a large garage
Ideal as a first home with renovation potential (STCA)
Perfect site for townhouse development (STCA)
Close to La Trobe University
If you're seeking a lifestyle with unlimited future potential, this property is your answer.
Property History for 48 Dumbarton St, Reservoir, VIC 3073
- 24 Apr 2024Sold
- 26 Feb 2024Listed for Sale Contact Agent
- 23 May 2022Listed for Sale $1,100,000 - $1,210,000
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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 28,268 properties. Over the last 5 years, Houses in Reservoir have seen a 23.70% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:
- The median value for Houses in Reservoir is $922,735 while the median value for Units is $602,707.
- Houses have a median rent of $510 while Units have a median rent of $480.
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