32 Tambo AvenueReservoir VIC 3073
Property Details for 32 Tambo Ave, Reservoir
32 Tambo Ave, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 647m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Last Listing description (April 2022)
Dare to dream of what you are able to create on this first-class development site, positioned on the fringe of Reservoir's highly sought after Oakhill Estate (STCA). Less than 14kms from Melbourne's CBD and enjoying swift and convenient access to public transportation, Broadway and Edwardes Street shops and cafes, Plenty Road eateries, Northland Shopping center, Latrobe University, local parklands and a number of primary schools in the surrounding area, your brand new creation will stand to benefit from the superior level of convenience this notable location delivers. Currently occupying a dream, highly desirable and not often attainable, corner allotment of 648sqm, this original timber home currently offers an attractive rental income of approximately $1,610 per calendar month, whilst you wait for your plans and permits to be approved by the council. Featuring a spacious living area with an electric heater, three bedrooms serviced by a main family bathroom, a well presented kitchen with modern appliances, two car spaces from the front and side plus an easy-care backyard. Be quick to inspect as golden opportunities like this one don't stay on the market for too long.
Property History for 32 Tambo Ave, Reservoir, VIC 3073
- 23 Apr 2022Sold for $1,275,000
- 29 Mar 2022Listed for Sale ONSITE AUCTION - $1,050,000 - $1,150,000
- 23 Feb 2021Listed for Rent - Price not available
Recent sales nearby
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About 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 28,940 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:
- The median value for Houses in Reservoir is $970,763 while the median value for Units is $639,892.
- Houses have a median rent of $550 while Units have a median rent of $510.
Suburb Insights for Reservoir 3073
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