38 Pine StreetReservoir VIC 3073
Property Details for 38 Pine St, Reservoir
38 Pine St, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1950. The property has a land size of 621m2 and floor size of 112m2. While the property is not currently for sale or for rent, it was last sold in November 2023.
Last Listing description (October 2021)
Unearth a world of opportunities with this exciting piece of Reservoir real estate, which stands within walking distance of popular lifestyle assets and shines brightly with potential for the buyer with vision.
Set on an excellent 628sqm (approx.) allotment that's an easy walk to Crispe Park, the bustling Edwardes Street shopping and dining strip, Edwardes Lake Park, bus services, Reservoir train station and St Gabriel's Primary School in addition to being close to Regent Village cafes and the No.11 tram, the flat potential-rich block is ripe with opportunity, given the prospect of being able to comfortably accommodate multiple dwellings in such a sought-after lifestyle location (STCA).
Featuring a large carpeted lounge, open-plan meals/kitchen area with a 600mm upright cooker, zoned bedrooms serviced by a bright bathroom, split-system heating/cooling, huge backyard and generous off-street parking, the existing - and spacious - three-bedroom home also provides the young family with the option of moving in now and developing later. Investors can also take up a similar option by renting the property immediately and developing at a later date (STCA).
So, there you go, a home that ticks all the boxes, for now and the future!
Property History for 38 Pine St, Reservoir, VIC 3073
- 15 Nov 2023Sold for $112,856
- 07 Oct 2021Sold for $1,120,000
- 14 Sep 2021Listed for Sale ONLINE AUCTION - $910,000 - $1,000,000
Recent sales nearby
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0About 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 29,025 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:
- The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
- Houses have a median rent of $570 while Units have a median rent of $525.
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