7 Pedersen Ave, Reservoir is a 4 bedroom, 2 bathroom House with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 4 bedroom House sold in Reservoir in the last 12 months.
Owner built in c1983, this meticulously maintained four bedroom two bathroom residence on a 534m2 (approx.) allotment with ROW offers growing families excellent entry to everything Reservoir has to offer. Steps to Gertz Street shopping, near Darebin Creek trails, Bundoora Park and an excellent range of schools, this spacious home boasts a wealth of living space, sizeable rear gardens and a studio to the rear of the garage that would make a fine home office. Polished hardwood floors make a smart first impression in this spotless home, where formal living and dining zones are flooded in natural light and a pristine quality appointed central kitchen complete with a breakfast bar oversees relaxed family living. Entertain alfresco in the rear gardens that offer space for vegetable plots while incorporating a single garage and its adjacent studio. Add to this, spotless bathrooms, master with an ensuite, huge laundry, great storage, ducted heating, air-conditioner and two carports. All in a fast-evolving locale within easy reach of central Reservoir shopping and trains and the M80 Ring Road.
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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:
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