34 Cheddar Rd, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 743m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in April 2023.
A perfect combination of position and potential! Offered for the first time in over 70 years, this substantial 736sqm corner allotment in a sought-after Reservoir setting is now waiting for its new owners to unlock its future promise, with endless possibilities to renovate/extend, rebuild or develop (STCA). With substantial dual street frontages and superb position close to vibrant High St, Broadway, local eateries, parklands, and public transport, this unique property ticks all the boxes for the astute homeowner, builder or developer.
The solid brick residence includes three bedrooms, family bathroom, spacious lounge and large kitchen together with a brick single car garage set in a massive rear yard which provides plenty of outdoor space for entertaining.
An exceptional investment opportunity.
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 28,937 properties. Over the last 5 years, Houses in Reservoir have seen a 25.20% increase in median value, while Units have seen a 15.10% increase. As at 31 October 2025:
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