63 Rathcown Rd, Reservoir is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 742m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Be limited only by your own imagination when it comes to deciding the fate of this potential-packed three-bedroom home footsteps from Darebin Creek Reserve and the popular Darebin Creek Trail. Enjoying a favorable north-facing orientation on a large 742sqm (approx.) block towards the end of a private and quiet no-through road, it's the chance of a lifetime to make your mark in a prized Parkside location with a stylish renovation, multi-townhouse development or luxurious lifestyle home (STCA).
Currently occupying the prized block is a neat and tidy single-level home, featuring polished timber floorboards throughout all three spacious bedrooms and the welcoming living area on entry, well-appointed kitchen with gas cooking, updated family bathroom, plenty of off-street parking and a huge grassed backyard that could easily accommodate a generous extension as the family grows (STCA). And thanks to its perfectly livable state, you could move in until you're ready to decide its future or lease it out while awaiting plans and permits approval. Enhancing this property's rich appeal is its magnificent lifestyle location, which is within walking distance of La Trobe University, Plenty Road trams and Link Street shops and cafes and just minutes from Bundoora Park Public Golf Course, an assortment of primary and secondary schools and Reservoir's highly-rated lifestyle precinct.
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 28,592 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:
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