606 Gilbert RoadReservoir VIC 3073
Property Details for 606 Gilbert Rd, Reservoir
606 Gilbert Rd, Reservoir is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 622m2 and floor size of 124m2. While the property is not currently for sale or for rent, it was last sold in May 2023.
Last Listing description (May 2023)
Bright, spacious and loaded with value, take a step in the right direction with this excellent three-bedroom home on the Preston border.
Boasting an unbeatable lifestyle location within easy walking distance of Regent Village shops and cafes, Reservoir West Primary School, Edwardes Lake Park, bus services and Gilbert Road trams that stop just metres from your front door, a five-star level of convenience awaits. Factor in the close proximity of Preston Market, Reservoir train station, the Edwardes Street shopping and dining strip and Melbourne's CBD and why would you want to live or invest anywhere else!
Intelligent zoning sees all three generous-sized bedrooms positioned away from the welcoming formal living and dining rooms on entry and central open-plan meals/living area, which connects with the large family-sized timber kitchen (with loads of storage and stainless steel appliances) to create a functional communal hub.
Living by large proportions extends to the huge undercover entertaining area and excellent backyard, where a fertile vegetable garden captures the northern sunshine and a large shed offers excellent storage solutions.
Complete with a lock-up garage, plenty of extra off-street parking space, separate laundry with access to a second shower and guest powder room, ducted heating and evaporative cooling, move straight in and enjoy the current-day picture of comfort or enhance with a contemporary touch.
Sited on a large 620sqm (approx.) block, there's also scope to extract maximum value from the block and redevelop (STCA).
Property History for 606 Gilbert Rd, Reservoir, VIC 3073
- 27 May 2023Sold for $986,000
- 02 May 2023Listed for Sale AUCTION: $900,000 - $990,000
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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 28,601 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.
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