7 Gellibrand CrescentReservoir VIC 3073
Property Details for 7 Gellibrand Cres, Reservoir
7 Gellibrand Cres, Reservoir is a 4 bedroom, 2 bathroom House with 5 parking spaces. The property has a land size of 973m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 4 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (November 2024)
Discover 7 Gellibrand Crescent, Reservoir VIC 3073 — a prime property on a substantial 973 sqm flat rectangular block, nestled in a quiet, leafy street within Reservoir’s highly sought-after golden pocket. This versatile family home presents a fantastic opportunity for first home buyers, savvy investors, developers, or land bankers eager to capitalize on its prime location and vast potential (STCA).
The home boasts three spacious bedrooms, with a lounge that can easily be converted into a fourth bedroom. The dining area, adjacent to the open-plan kitchen, is perfect for everyday meals and family gatherings. The modern kitchen is fitted with high-quality appliances, including a 900mm oven and gas cooktop. Comfort is ensured year-round with gas ducted heating, and the home features two stylish bathrooms.
The expansive backyard includes a clothesline, additional sheds, and ample space for gardening or outdoor entertainment. A large garage/rumpus room (11.5m x 3.5m), an independent bungalow/workshop, garden sheds, and plenty of parking with a double carport and paved driveway offer excellent space for hobbies, storage, and future renovations.
Superbly located near Summerhill Shopping Centre, Reservoir Primary School, parks, and public transport, this property offers unbeatable convenience.
Don’t miss out on this rare chance to secure a property with immense potential in a prime location. Whether you’re looking to move in, invest, or develop, 7 Gellibrand Crescent offers endless possibilities. Act fast—an inspection is a must before this rare opportunity slips away!
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Disclaimer: We have in preparing this document used our best endeavours to ensure that the information contained in this document is true and accurate, but accept no responsibility and disclaim all liability in respect to any errors, omissions, inaccuracies or misstatements in this document. Prospective purchasers should make their own enquiries to verify the information contained in this document. Purchasers should make their own enquires and refer to the due diligence check-list provided by Consumer Affairs. Click on the link for a copy of the due diligence check-list from Consumer Affairs. http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 7 Gellibrand Cres, Reservoir, VIC 3073
- 03 Nov 2024Sold for $1,000,000
- 03 Oct 2024Listed for Sale $750,000-$825,000
- 15 Apr 2008Sold for $438,800
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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 28,590 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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