1/40 Elsey Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

1/40 Elsey Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 96m2
Land area: 190m2
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Property Details for 1/40 Elsey Rd, Reservoir

1/40 Elsey Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 190m2 and floor size of 96m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2015
Floor Size
96m2
Land Size
190m2
Local Government
Darebin
Lot/Plan
1/PS732176

Last Listing description (July 2024)

Townhouse living has never looked so good with this enormous 2-bedroom plus home office dwelling, proudly situated at the front of a boutique development. This home combines open-plan living with a cozy atmosphere.

The spacious kitchen boasts ample cupboard space, gas appliances, an under-bench oven, a dishwasher, and a breakfast bench. Upstairs, both large bedrooms feature split system heating and cooling, built-in robes, and are serviced by a central bathroom with a separate shower and second toilet.

The large lock-up garage offers storage space and access to the landscaped rear alfresco area, perfect for entertaining and enjoying the north-facing sun year-round. Occupying approximately 200m2 of land, this property is a rare find. Located a short walk from multiple parks, sporting facilities, playgrounds, and just 550m from Ruthven Train Station.

Additional features include;
- timber flooring
- gas hot water service
- remote lock-up garage
- split system heating and cooling throughout

Don't miss out on this incredible opportunity, come down and inspect it today!

Property History for 1/40 Elsey Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$650,000
18 May 2021
Listed for Rent
02 Jul 2024
  • 24 Jun 2024
    Listed for Rent $550 / week
  • 18 May 2021
    Sold for $650,000
  • 04 May 2021
    Listed for Sale Contact Agent
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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 29,007 properties. Over the last 5 years, Houses in Reservoir have seen a 4.72% increase in median value, while Units have seen a 12.44% increase. As at 31 May 2026:

  • The median value for Houses in Reservoir is $969,613 while the median value for Units is $643,747.
  • Houses have a median rent of $580 while Units have a median rent of $530.
There are currently 133 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1230 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Cotality Copyright and Legal Disclaimers about Property Data
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.