16 Tormey Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

16 Tormey Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 4
Floor area: 325m2
Land area: 934m2
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Property Details for 16 Tormey St, Reservoir

16 Tormey St, Reservoir is a 3 bedroom, 2 bathroom House with 4 parking spaces and was built in 1960. The property has a land size of 934m2 and floor size of 325m2. While the property is not currently for sale or for rent, it was last sold in August 2024.

Building Type
House
Year Built
1960
Floor Size
325m2
Land Size
934m2
Local Government
Darebin
Lot/Plan
1719/LP8482

Last Listing description (September 2024)

Solidly constructed to withstand the test of time, this immaculately presented two storey home sitting on an expansive 934sqm (approx.) allotment, is the epitome of grand family living. From its sturdy foundation to its meticulous craftmanship this residence exudes durability and charm promising a lifetime of cherished moments for you and your loved ones. Step through the double door entry into a wide inviting foyer that sets the tone for the luxury within. The formal living room is the perfect blend of comfort featuring a cozy fireplace and a bar area framed by arches and curved walls. This space seamlessly opens to a formal dining area, ideal for hosting intimate gatherings. The modern kitchen is equipped with sleek 40mm stone benchtops, induction cooktop and walk in pantry. Its thoughtful design connects effortlessly to the spacious living and meals area as well as an additional second kitchen/living space with ample storage. Versatility is the key, offering a dedicated study or optional extra bedroom on the ground floor, along with a central bathroom for added convenience. Step outside to the generous alfresco, perfect for entertaining or relaxing and enjoy the low maintenance backyard featuring a built in BBQ making summer cookouts a delight. Upstairs, three spacious bedrooms await. The master boasts a walk-in robe and balcony access whilst the two additional bedrooms are equipped with built in robes, one also with balcony access ensuring ample space for family or guests. Serviced by the central bathroom, this upper level is designed for both comfort and convenience offering a harmonious blend of luxury and practicality. Further highlights include timber ceilings, ducted heating, evaporative cooling, ceiling fans, solar panels, security cameras, alarms, outdoor shed, double car garage and ample off street car parking. Centrally located within minutes to Keon Park train station, local shops, schools and the bustling Edwards St shopping precinct. Enjoy the nearby cafes, eateries and recreational facilities including the Edwardes Lake Park, major road arterials and easy access to M80 Ring Road. Experience the convenience and lifestyle this area has to offer.

Property History for 16 Tormey St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$1,355,000
17 Aug 2024
  • 17 Aug 2024
    Sold for $1,355,000
  • 19 Jun 2024
    Listed for Sale $1,355,000
  • 07 Nov 1990
    Sold for $230,000
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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 29,145 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:

  • The median value for Houses in Reservoir is $957,158 while the median value for Units is $645,988.
  • Houses have a median rent of $590 while Units have a median rent of $530.
There are currently 124 properties listed for sale, and 79 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1198 properties were sold in the past 12 months in Reservoir.

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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.