612 Gilbert Road, Reservoir, VIC 3073 | House for sale | OnTheHouse
FOR SALE
$1,050,000 - $1,155,000

612 Gilbert Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 622m2
Auction Time
Sat 19 Sep 11:00 am
Inspection Times
No upcoming inspections scheduled.
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Classic charm with endless potential

Positioned in a highly sought-after Regent locale, this almost one-owner home sits on a flat corner allotment of approx. 622sqm, and offers immediate comfort with outstanding potential to extend, renovate or redevelop in the future (STCA). Filled with warmth and beauty from its early mid-century design, this immaculately presented home features a spacious living domain, separate dining area/potential 3rd bedroom and functional kitchen with ample bench space and storage. Sleeping accommodation is well catered for with two generous bedrooms, serviced by a central bathroom and laundry. Step outside to a substantial backyard, complete with an oversized double garage and plenty of space for outdoor gatherings, future improvement or redevelopment. Ideally located just a short distance to an array of popular cafes and restaurants, local shopping hubs, schools and parklands including Edwardes Lake. This is an opportunity that combines lifestyle, location and long-term upside, so be quick to inspect!
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Property Details for 612 Gilbert Rd, Reservoir

612 Gilbert Rd, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 622m2. The place is currently for sale with Jellis Craig Reservoir.

Building Type
House
Land Size
622m2
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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the 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 29,187 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:

  • The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
  • Houses have a median rent of $600 while Units have a median rent of $538.
There are currently 116 properties listed for sale, and 102 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1168 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Kannan Subramanian
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Colin Abbas
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Jellis Craig Reservoir
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Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.