208 Albert StreetReservoir VIC 3073
Property Details for 208 Albert St, Reservoir
208 Albert St, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 613m2. While the property is not currently for sale or for rent, it was last sold in December 2023.
Last Listing description (January 2024)
This prime 612m2 land with an impressive 18.4m frontage presents a fantastic proposition for developers seeking to capitalise on the area's flourishing potential.
With the Residential Growth Zone - Schedule 2 designation, the possibilities for development are endless, making it a compelling opportunity not to be missed.
The location is unbeatable, situated close to the W Ruthven VC Reserve, Reservoir Village, and Summerhill Shopping Centre, offering a plethora of amenities right at your fingertips.
The property falls within the Reservoir High School zone and is conveniently near the Darebin Community Sport Centre, making it an attractive choice for families and active individuals alike.
Additionally, the area boasts excellent transportation options with bus stops and tram stops nearby, ensuring seamless connectivity.
Notably, the nearby areas of Thornbury, Fairfield, and Preston offer a vibrant mix of cafes, eateries, and entertainment options, enriching the lifestyle of residents in this thriving community.
Currently, the property features a 3-bedroom, 1-bathroom dwelling with a separate kitchen and living space, and a covered verandah and shed.
Whether you're a seasoned developer or a savvy investor, this property promises an exciting venture in the heart of a dynamic and thriving neighbourhood.
Property History for 208 Albert St, Reservoir, VIC 3073
- 07 Dec 2023Sold for $680,000
- 21 Sep 2022Listed for Sale Contact Agent
- 21 Sep 2014Transferred
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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 28,943 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.
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