38 Hobbs CrescentReservoir VIC 3073
Property Details for 38 Hobbs Cres, Reservoir
38 Hobbs Cres, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1960. The property has a land size of 854m2 and floor size of 105m2. While the property is not currently for sale or for rent, it was last sold in July 2014.
Last Listing description (July 2014)
Immediate Income, Long Term Living
This affordable home on a massive allotment of around 852m2, presents a fantastic opportunity to secure your real estate future and a steady income stream. Leased until March 2015 and returning $1300 pcm, it offers three bedrooms sharing a new bathroom, modern kitchen with adjoining meals and a spacious living room. The deep rear yard includes a garage and carport that works just as well as a covered area for outdoor entertaining. With the bus Ruthven station and local shops a short walk away and Reservoirs shops and eateries within easy reach it is perfect for an investor and will also suit a first home buyer looking for long term value.
Property History for 38 Hobbs Cres, Reservoir, VIC 3073
- 21 Jul 2014Sold for $550,000
- 28 Apr 2014Listed for Sale $599,000
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 29,145 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:
- The median value for Houses in Reservoir is $957,158 while the median value for Units is $645,988.
- Houses have a median rent of $590 while Units have a median rent of $530.
Suburb Insights for Reservoir 3073
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