224 Albert StreetReservoir VIC 3073
Property Details for 224 Albert St, Reservoir
224 Albert St, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 715m2. While the property is not currently for sale or for rent, it was last sold in August 2024.
Last Listing description (November 2024)
Outstanding opportunity exists for smart purchasers that are looking for an investment with potential.
Set on a large block, with main street exposure, this delightful home offers a simple floor plan that boasts kitchen with adjoining dining area, separate living room, central bathroom and three bedrooms.
Outside, you will enjoy a spacious rear yard with separate lock up garage and ample space for off street parking.
Centrally located in Albert Street Reservoir, you will enjoy easy access to Northland Shopping Centre, Summerhill Shopping Centre, La Trobe University and #86 Tram.
Opportunity for multi-unit developments exist (STCA) giving you an opportunity for rental income whilst plans are reviewed.
First home buyers and DIYers will also enjoy everything this home has to offer, enjoying opportunities for an inspired makeover.
Now is the time to enquire and inspect.
INROOM AUCTION: 1/337 Settlement Road Thomastown
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Material Facts Apply - please refer to the contract of sale and vendor statement for material facts and seek legal advice if required.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
Property History for 224 Albert St, Reservoir, VIC 3073
- 19 Sep 2024Listed for Rent $550 / week
- 12 Aug 2024Sold for $717,500
- 19 Jul 2024Listed for Sale Not Disclosed
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 29,007 properties. Over the last 5 years, Houses in Reservoir have seen a 4.72% increase in median value, while Units have seen a 12.44% increase. As at 31 May 2026:
- The median value for Houses in Reservoir is $969,613 while the median value for Units is $643,747.
- Houses have a median rent of $580 while Units have a median rent of $530.
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