3/121 Cheddar Road, Reservoir, VIC 3073 | Townhouse for sale | OnTheHouse
 
FOR SALE
$550,000 - $580,000

3/121 Cheddar Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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AN IDEAL FIRST HOME

Spacious and well presented townhouse offering a free flowing floorplan that leads to a magnificent sundrenched deck area ideal for entertaining, and has a lifestyle that's sure to impress.
Upon entry you are welcomed by high ceilings, ducted heating, evaporative cooling and powder room.
An open plan living including modern kitchen with dishwasher that overlooks a dining area and good size living room overlooking garden / entertaining area.
Upstairs new carpets throughout, 2 bedrooms both with Bir's and central bathroom and lock up auto garage.
Handy to all amenities with Bus services on your doorstep, walking distance to train station, J.C Donath Reserve, J.W, Dole Reserve, Reservoir View Primary School, Kindergartens, local shops, and excellent bike tracks to the city along with parklands and sporting ovals.
A must see!
Currently leased on a month to month tenancy at $530 per week. Vacant possession offered.
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Property Details for 3/121 Cheddar Rd, Reservoir

3/121 Cheddar Rd, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The place is currently for sale with Barry Plant - Reservoir.

Building Type
Townhouse
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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 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% 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 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.

Reservoir has 28,942 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:

  • The median value for Houses in Reservoir is $970,763 while the median value for Units is $639,892.
  • Houses have a median rent of $550 while Units have a median rent of $510.
There are currently 119 properties listed for sale, and 83 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1256 properties were sold in the past 12 months in Reservoir.

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Harry Kontossis
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Adrian Antonello
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Barry Plant - Reservoir
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