162/2 Gremel Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

162/2 Gremel Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 84m2
Land area: 151m2
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Property Details for 162/2 Gremel Rd, Reservoir

162/2 Gremel Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2000. The property has a land size of 151m2 and floor size of 84m2.

Building Type
Unit
Year Built
2000
Floor Size
84m2
Land Size
151m2
Local Government
Darebin

Last Listing description (July 2018)

Situated in a very handy location, this low-maintenance home presents a stylish and affordable retirement opportunity in popular Summerhill Retirement Village close to Plenty Road Tram, Coles, shops and parks.
On offer is a tranquil location with ample of social activities with no maintenance to worry about. Boasting split system heating and cooling, 2 bedroom, central bathroom separate toilet and laundry facilities. Open plan living comprising of formal lounge, modern kitchen with meals area and offers a carport and shed. Walking distance to Plenty Road trams, vibrant Summerhill Shopping Centre, medical centre, it's also close to local parks and trails, as well as easy access to major arterials. The Summerhill Retirement Village offers a secure and caring atmosphere that I'm sure you will enjoy and love to be a part of. Call now to inspect.
Note: purchaser must be an owner-occupier over 55 years of age and agree to the terms and lease conditions of the retirement village.

Photo ID Required Upon Inspection
Please come and see me at one of our offices below to discuss your real estate needs.
952-954 High Street Reservoir
219 High Street Thomastown
767 High Street Epping
510 Plenty Road Mill Park
http://rata.harcourts.com.au/Home/statement-of-information
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information.

Property History for 162/2 Gremel Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
  • 18 Apr 2018
    Listed for Sale Price by Negotiation $105,000 - $115,000
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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 28,993 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 117 properties listed for sale, and 81 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1277 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.