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Sold on 19 Oct 2024 for $760,000

55 Gilbank Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
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Property Details for 55 Gilbank St, Reservoir

55 Gilbank St, Reservoir is a 2 bedroom, 2 bathroom Townhouse with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Townhouse sold in Reservoir in the last 12 months.

Building Type
Townhouse
Local Government
Darebin
Lot/Plan
2/PS816159

Last Listing description (October 2024)

Perfectly situated on the cusp of Preston is this contemporary 2-bedroom townhouse that effortlessly blends modern design with everyday convenience. As you step inside, you'll immediately appreciate the open-plan living, dining, and kitchen area, where sleek modern floorboards and a skylight in the kitchen create a bright, airy atmosphere. The spacious kitchen features ample storage, a dishwasher, and a charming space for bar seating at the bench, making it ideal for both everyday meals and entertaining.

The large windows throughout invite abundant natural light, enhancing the home's inviting feel. Sliding doors seamlessly connect the indoor space with a low-maintenance backyard. The manicured front yard further enhances the home's curb appeal.

Both bedrooms are equipped with built-in wardrobes and split system air conditioning, ensuring comfort throughout the year. The modern bathroom boasts a large shower, adding to the home's

contemporary charm. The European laundry, discreetly tucked away, offers additional convenience.

The location has plenty to offer with its close proximity to Reservoir station and nearby bus lines, as well as Edgars Creek, Merri Creek and Edwardes Lake nearby for leisurely afternoon strolls. Northland Shopping Centre, Pentridge and Spring Street shops offer everything you need - and zoning for Reservoir West Primary School and Preston High School make the area great for small families.

55 Gilbank Street offers a harmonious blend of style and practicality, with an indoor/outdoor feel that makes it an exceptional place to call home. Don't miss the chance to make it yours!

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Property History for 55 Gilbank St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$760,000
19 Oct 2024
  • 19 Oct 2024
    Sold for $760,000
  • 20 Sep 2024
    Listed for Sale $690,000 - $750,000
  • 15 Nov 2017
    Sold for $657,500

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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 174 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1027 properties were sold in the past 12 months in Reservoir.

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