16 Nicholson AvenueReservoir VIC 3073
Property Details for 16 Nicholson Ave, Reservoir
16 Nicholson Ave, Reservoir is a 4 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 698m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 4 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (May 2026)
Exciting potential will impress with this property that's perfectly positioned in such a convenient Reservoir location surrounded by schools, parks, Summerhill Shopping Centre and public transport.
This residence offers enormous scope for a complete renovation, knocking down and building your dream home or expanding your investment portfolio with a multi-unit site (STCA).
The existing home includes an open plan kitchen, meals and living zone framed by a feature fireplace (electric heater), along with four bedrooms serviced by a family bathroom and laundry. The flat rear yard offers plenty of space for future ideas, with an entertainers deck/pergola, storage shed and side gate access.
* Spacious home on a large allotment with endless possibilities for renovation, knock down-rebuild and developing. (STCA)
* Four spacious bedrooms serviced by a bathroom and family laundry.
* Well-connected location walking distance to Summerhill Shopping Centre, public transportation and local schools.
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 16 Nicholson Ave, Reservoir, VIC 3073
- 02 May 2026Sold
- 02 Apr 2026Listed for Sale SOLD
- 13 Oct 2001Sold for $250,000
Recent sales nearby
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0About 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 28,998 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.
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