1/48 Cheddar Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

1/48 Cheddar Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 115m2
Land area: 195m2
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Property Details for 1/48 Cheddar Rd, Reservoir

1/48 Cheddar Rd, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2012. The property has a land size of 195m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in March 2021.

Building Type
Townhouse
Year Built
2012
Floor Size
115m2
Land Size
195m2
Local Government
Darebin
Lot/Plan
1/PS630988

Last Listing description (April 2021)

Low in maintenance, high in style and position perfect, this smart and stylish townhouse delivers a hat-trick of lifestyle benefits within short walking distance of Ruthven and Reservoir train stations, bus services, Reservoir Village shops and cafes and St Stephen's Catholic Primary School.

Enjoying the added bonus of its own street frontage, private driveway leading into a secure carport (with an additional car space in front) and high-impact low-maintenance landscaped gardens, this fantastic entry into Reservoir or astute investment in a solid blue-chip neighbourhood instantly appeals with its chic open-plan living area, which impresses with warm floating Bamboo floorboards underfoot, beautiful high ceilings, a modern kitchen (with stone benchtops, 900mm stainless steel appliances and lengthy breakfast bench) and its integration with the relaxing courtyard that's the epitome of low-maintenance living.

The presence of a spacious bedroom downstairs with easy access to a contemporary bathroom will appeal to downsizers, while a further two generous-sized bedrooms (master with walk-in robe) and a deluxe spa bathroom are zoned in privacy upstairs.

Climate-controlled with split-system heating and cooling, this low-maintenance lifestyle haven also features a full-sized laundry, abundant storage under the staircase and a quiet study nook upstairs.

Delivering a premier carefree lifestyle, this first-class home is only minutes away from Edwardes Lake Park, Reservoir Primary School, La Trobe University, Reservoir Leisure Centre, Preston Market and High Street's shopping and dining strip.

Property History for 1/48 Cheddar Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$670,000
31 Mar 2021
Listed for Rent
17 Nov 2015
  • 31 Mar 2021
    Sold for $670,000
  • 08 Jul 2020
    Listed for Sale $690,000
  • 22 Dec 2016
    Sold for $603,000
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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 29,025 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:

  • The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
  • Houses have a median rent of $570 while Units have a median rent of $525.
There are currently 124 properties listed for sale, and 72 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1292 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.