173 Albert St, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. While the property is not currently for sale or for rent, it was last sold in December 2021.
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Superbly located close to Plenty Road tram, La Trobe Uni, Summerhill Shopping center, bus line, Northland Shopping center, schools, parklands (etc.).
A wonderful opportunity for builders, developers, and investors for now or in the future.
The existing dwelling is in good condition throughout and is comprised of 4 main rooms
Features Include:
- Full-Sized Kitchen with Gas Cooking
- Separate Living Area
- Ducted Heating
- Central Bathroom
- Separate Laundry & Toilet
- Excellent Sized bedrooms
- Separate Storage Area or Playroom
- Spacious front & Rear Yards with enough room for the whole family.
You do not come across properties like this one often!
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 28,942 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:
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