23 Hobbs CrescentReservoir VIC 3073
Property Details for 23 Hobbs Cres, Reservoir
23 Hobbs Cres, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 856m2 and floor size of 131m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (July 2023)
Retaining the unique charm and elegance of its early seventies' origins, this immaculate triple-fronted home on approx 862sqm of land provides an instantly enjoyable family lifestyle along with boundless options to renovate, extend or renew in the future (STCA).
Flawless presentation throughout, the home's light and bright interior comprises three large bedrooms all complemented by an updated central bathroom and separate WC. Add to this a front lounge and adjoining formal dining room leading through to the pristine original kitchen/meals area. Features include high ceilings, split-system heating/cooling, original stained timberwork, solid hardwood floors and internal laundry, plus a simply enormous yard backing onto Ruthven Linear Reserve, handy storeroom and lock-up garage via gated side drive.
Bus stop around the corner (on Allenby Avenue) along with Gellibrand Cafe and Ruthven Station, it's also close to local schools and kinder/childcare facilities, as well as easy access to Edwardes Lake Park, Reservoir's vibrant shopping precinct and the Ring Road.
Property History for 23 Hobbs Cres, Reservoir, VIC 3073
- 22 Jul 2023Sold for $1,000,000
- 28 Jun 2023Listed for Sale Auction $900,000 - $980,000
- 21 Feb 2020Transferred
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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 29,151 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
- The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
- Houses have a median rent of $600 while Units have a median rent of $538.
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