54/2 Gremel Road, Reservoir, VIC 3073 sold on 29 September 2025 | OnTheHouse
 
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Sold on 29 Sep 2025 - Price Unavailable

54/2 Gremel Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 194m2
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Property Details for 54/2 Gremel Rd, Reservoir

54/2 Gremel Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 194m2. While the property is not currently for sale or for rent, it was last sold in September 2025. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Land Size
194m2
Local Government
Darebin

Last Listing description (November 2023)

Situated on the outskirts of Summerhill Residential Park is a fabulous opportunity for someone to move into a cosy home that is surrounded by amenities, a wonderful community and a rear yard ideal for a keen gardener with uninterrupted city views clear in the day and at night.
To live in the Residential Park you will need to be over 55 years of age, there is a fortnightly fee of $580 for one person and more for two people you are only purchasing the building and not the land. The fees cover garden maintenance, common ground insurance, and water.
The accommodation offers a sunlit formal lounge, informal dining area and a spacious kitchen with ample of bench space and storage and a magnificent view of the city from the kitchen window, all heated and cooled by the split system. Other features are 2 bedrooms (one with Birs), central bathroom, separate toilet and laundry facilities that leads to the carport and car space.

The wow factor is the rear yard ideal for gardeners or a private open space for a dog to run around or entertain family and friends. The location is magnificent walking distance to Summerhill Shopping center, Plenty Road Tram, Parks and great access to Polaris Shopping centre, Northland Shopping centre and the City.

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Property History for 54/2 Gremel Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
29 Sep 2025
  • 29 Sep 2025
    Sold
  • 07 Jun 2023
    Listed for Sale Not Disclosed
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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 28,938 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.
There are currently 77 properties listed for sale, and 75 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1285 properties were sold in the past 12 months in Reservoir.

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