71 Winter Cres, Reservoir is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 712m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in March 2023.
Enjoying blank canvas appeal on a sensational 710sqm (approx.) block, a host of options come attached with this potential-rich two-bedroom home in a first-class location.
An originally presented single-level interior featuring high ceilings, light-filled lounge on entry, a bright meals/kitchen area and spacious bedrooms serviced by an original family bathroom invites the young couple or family to move in and enjoy the current picture of comfort or update with a stylish touch. And thanks to the large proportions of the big backyard and lock up garage), there's also scope to extend the home as the family grows (STCA).
Equally enticed by the opportunity to create something special will be the keen builder looking to capitalise on the sizeable block by either building a multi-unit development (STCA).
Adding further appeal is the sought-after location, which is within short walking distance of Reservoir East Primary School, Reservoir High School, Plenty Road trams, Broadway shops, Summerhill Shopping Centre and the Darebin Creek Trail and close to La Trobe and RMIT universities, Northland Shopping Centre and the popular High Street dining strip.
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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