OFF MARKET

698 Plenty Road
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 1
Car spaces: 2
Floor area: 146m2
Land area: 521m2
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Property Details for 698 Plenty Rd, Reservoir

698 Plenty Rd, Reservoir is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 521m2 and floor size of 146m2. While the property is not currently for sale or for rent, it was last sold in January 2022.

Building Type
House
Year Built
1960
Floor Size
146m2
Land Size
521m2
Local Government
Darebin
Lot/Plan
20/LP13410

Last Listing description (January 2022)

Bursting with potential, this single-level four-bedroom home presents a life-changing opportunity to the buyer with vision.

For the young family eager to secure their future in an established lifestyle locale, the smart investor searching for a future-proof investment or astute builder eager to extract maximum value from the generous 518sqm (approx.) block (STCA) that boasts side laneway access, this is the kind of property that can really set you on the pathway to future success.

Featuring light-filled living, spacious kitchen with a 600mm upright cooker, fully-tiled bathroom, split-system heating/cooling and ample off-street parking, move straight in and enjoy its current-day picture of charm, add a modern touch or lease it out for an attractive return.

Enjoying direct access to La Trobe and RMIT universities, Summerhill Shopping Centre, the CBD and High Street/Plenty Road bars and cafes via the No.86 tram, which stops just footsteps away, along with convenient access to Northland Shopping Centre, Preston Market and schools, it's packed with value and opportunity!

Property History for 698 Plenty Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$980,000
18 Jan 2022
Listed for Rent
18 Sep 2019
  • 18 Jan 2022
    Sold for $980,000
  • 05 Oct 2021
    Listed for Sale Sale
  • 12 Sep 2019
    Listed for Rent - Price not available
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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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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.