131 Reservoir Rd, Strathdale is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1980. The property has a land size of 620m2 and floor size of 140m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 3 bedroom House sold in Strathdale in the last 12 months.
A successful investment property needs to be well-positioned.
Being neat, tidy and practical is a bonus and makes this brick veneer home even more appealing.
Well-maintained inside and out and located in a prime Strathdale location opposite the playing fields of Strathdale Park, this textbook investment proposition comes with an excellent long-term tenant (5yrs) who treats it like her own and would be happy to stay on. Alternatively, it would suit first home buyers or downsizers.
The home offers a spacious lounge with a feature fireplace, a sunroom overlooking the backyard and a roomy kitchen/meals with an electric cooktop/wall oven and ample storage. Three bedrooms (two with robes), an updated bathroom, walk-through laundry, and WC complete the interior.
The secure backyard is ideal for toddlers or pets to free-range and includes a shade sail for outdoor dining, a garden shed and a single carport.
Added attributes include reverse cycle air conditioning, new gas central heating and easy care timber look floors in the entry foyer and kitchen/meals.
The easily maintained lot approx. 620m is within walking distance to everything Strath & Kennington Village shopping, LaTrobe University, schools, childcare, gyms, medical clinics, public transport, cafes, picturesque Kennington Reservoir, the popular Strathdale Park Playspace and only a five-minute drive to the CBD.
The prominent position is the key to success here be quick!
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The size of Strathdale is approximately 3.6 square kilometres. It has 7 parks covering nearly 7.2% of total area. The population of Strathdale in 2011 was 5,694 people. By 2016 the population was 5,682 showing a population decline of 0.2% in the area during that time. The predominant age group in Strathdale is 60-69 years. Households in Strathdale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Strathdale work in a professional occupation. In 2011, 72.5% of the homes in Strathdale were owner-occupied compared with 70.7% in 2016.
Strathdale has 3,068 properties. Over the last 5 years, Houses in Strathdale have seen a 45.36% increase in median value, while Units have seen a 55.88% increase. As at 31 August 2024:
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