2 Cuthbert Rd, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2022. The property has a land size of 552m2 and floor size of 308m2. While the property is not currently for sale or for rent, it was last sold in March 2021.
Why spend the next 12 months drafting plans to develop when you can start building much sooner once you become the lucky owner of this attractive parkside address.
Overlooking the picturesque TW Andrews Park on a fantastic 547sqm (approx.) corner block, planning permit for three two-bedroom townhouses have already been approved, awaiting the endorsed plans, meaning you're a step closer to realising your development goals in a prized heart-of-Reservoir location where bus services, Reservoir Leisure Centre, Broadway shops and cafes and Reservoir train station are all within short walking distance and Edwardes Lake Park, schools, Plenty Road trams, Northland and Summerhill shopping centres and La Trobe University are easily accessible.
Currently occupying the prized block is a neat and tidy three-bedroom home, featuring light-filled living, well-appointed kitchen, polished timber floorboards and generous off-street parking. And thanks to its clean presentation, you can move straight in and develop in the future.
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 29,026 properties. Over the last 5 years, Houses in Reservoir have seen a 11.75% increase in median value, while Units have seen a 13.93% increase. As at 31 March 2026:
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