4/98 Summerhill Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
 
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4/98 Summerhill Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 79m2
Land area: 76m2
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Last updated 26 Jan 2026
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Property Details for 4/98 Summerhill Rd, Reservoir

4/98 Summerhill Rd, Reservoir is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces and was built in 2025. The property has a land size of 76m2 and floor size of 79m2.

Building Type
Townhouse
Year Built
2025
Floor Size
79m2
Land Size
76m2
Local Government
Darebin
Lot/Plan
4/PS906992

Last Listing description (December 2025)

This brand-new, architecturally designed townhouse offers modern style and practical design in one of Reservoir's most connected locations.
Spread across two levels, the layout features one bedroom on the ground floor and another upstairs, each with its own sleek ensuite and built-in robes. A stylish central bathroom and a third powder room add convenience.
The upper level boasts a light-filled open-plan living and dining area that flows into a contemporary kitchen with stone benchtops, quality appliances, and generous storage. Full-width sliding doors open to a spacious balcony with sweeping city views, extending the living space into the open air.

Currently leased at $632 per week, this townhouse provides a very high rental yield, making it an outstanding investment opportunity.

Perfectly positioned, it is just minutes from Northland Shopping Centre, walking distance to Summerhill Shopping Centre, and close to Tram 86 on Plenty Road for direct access to the Melbourne CBD. La Trobe University, schools, parks, and cafes are also nearby. A turnkey opportunity for investors seeking comfort, quality, and strong returns in a vibrant neighbourhood.

I acknowledge that this advertisement provides information as a guide only. Zed Real Estate does not verify the data and makes no claims regarding its accuracy. Buyers are to perform their own due diligence. Images and floor plans are to scale and created based on the photographer's best knowledge.

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Property History for 4/98 Summerhill Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
  • 29 Sep 2025
    Listed for Sale $575,000 - $632,500
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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 28,939 properties. Over the last 5 years, Houses in Reservoir have seen a 17.33% increase in median value, while Units have seen a 14.71% increase. As at 31 December 2025:

  • The median value for Houses in Reservoir is $984,628 while the median value for Units is $637,552.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 96 properties listed for sale, and 81 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1286 properties were sold in the past 12 months in Reservoir.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.

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