197 Albert StreetReservoir VIC 3073
Property Details for 197 Albert St, Reservoir
197 Albert St, Reservoir is a 2 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 354m2 and floor size of 83m2. While the property is not currently for sale or for rent, it was last sold in June 2022.
Last Listing description (July 2022)
Affordable and conveniently located, this solid concrete renovated home presents a great opportunity for First home buyers and investors.
Within walking distance to Plenty Road Tram and Northlands/Newly Renovated Summerhill Shopping centres not too far away, the home comprises 2 bedrooms, large living area, kitchen with plenty of cupboard space, central bathroom, and of street parking.
Other features of the home include ducted heating, multiple ceiling fans, and new floor boards throughout the home on 360sqm of land!
Property History for 197 Albert St, Reservoir, VIC 3073
- 30 Jun 2022Sold for $500,000
- 28 Jun 2022Listed for Sale $500,000
- 22 Aug 2016Listed for Rent $300 / week
Recent sales nearby
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0About 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 28,942 properties. Over the last 5 years, Houses in Reservoir have seen a 19.48% increase in median value, while Units have seen a 14.48% increase. As at 31 January 2026:
- The median value for Houses in Reservoir is $996,610 while the median value for Units is $637,650.
- Houses have a median rent of $550 while Units have a median rent of $520.
Suburb Insights for Reservoir 3073
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