20 Home St, Reservoir is a 4 bedroom, 2 bathroom House with 1 parking spaces and was built in 1940. The property has a land size of 697m2 and floor size of 151m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
A fantastic opportunity for all first home buyers, renovators, developers or new home site. Situated on the fringe of the highly sought Oakhill Estate, this liveable 4 bedroom home offers a great street appeal with a good-sized kitchen, dining, large lounge, 2 bathroom, 3 toilets, a large garage and an elevated rear deck with great views to the Dandenong Ranges. The huge rear yard allows for development options (STCA). A great rental potential, within walking distance to Plenty Road tram. Land 15.24m x 45.73m, 696m2 approx.
The property comes with endorsed plans and permit for two x 4 bedrooms/3 bathrooms/2 garage townhouses, valid until 2025.
Each dwelling is approximately around 25SQ - 28SQ in building size.
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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 29,149 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:
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