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Sold on 27 Jul 2024 - Price Unavailable

63 Rathcown Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 742m2
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Property Details for 63 Rathcown Rd, Reservoir

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.

Building Type
House
Land Size
742m2
Local Government
Darebin
Lot/Plan
6/LP40289

Last Listing description (July 2024)

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.

Property History for 63 Rathcown Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
27 Jul 2024
Listed for Rent
$340/w
17 Jan 2017
  • 27 Jul 2024
    Sold for $842,000
  • 02 Jul 2024
    Listed for Sale AUCTION $710,000 - $780,000
  • 03 Jan 2017
    Listed for Rent $330 / week
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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.
There are currently 194 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1035 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Leon Phillips
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Zuzanna Usta
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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.