198 Albert StreetReservoir VIC 3073
Property Details for 198 Albert St, Reservoir
198 Albert St, Reservoir is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1978. The property has a land size of 613m2 and floor size of 77m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (March 2014)
Plans & Permits on Preston's Border
An outstanding opportunity to profit from plans approved by council to build 3 townhouses. Superbly designed combining the highly sought after contemporary look with functional layout, presenting generously sized dwellings carefully planned for ease of construction. Currently sits a 2-bedroom rendered brick home with ducted heating and cooling, spacious lounge, kitchen/meals area, a separate bungalow with kitchenette, and a secure garage. Currently let at $1,300 PCM. Ready, set, go and start building in this fantastic location right on the border of Preston and only a short stroll to parks, Northland Shopping Centre, transport and so much more. Plans have been approved to build three townhouses on 613m2 of land. The superbly designed townhouses offer a flexible floorplan, generous sizes and simple construction creating the perfect development to buy and build in 2014 with flexible terms on offer. Call now for information and start building.
Property History for 198 Albert St, Reservoir, VIC 3073
- 29 Jun 2021Sold for $855,000
- 14 Jul 2020Transferred
- 02 Mar 2015Listed for Rent $300 / week
Recent sales nearby
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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 28,998 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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