58 Clingin St, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2019.
Nestled in a quiet pocket of Reservoir, this investment gem is a developers dream with plans and permits for four dwellings already in place for this residential growth zone (RGZ3), streamlining the development process and saving you time and effort.
The existing home features three generously sized bedrooms, a central bathroom, and a single carport with additional off-street parking. Features include central heating and an expansive rear yard that offers a fantastic space for children to play, surrounded by lush greenery and mature trees. Currently leased at $1,000 per fortnight/ $2167 per calendar month until July 2025, this property provides steady rental income while you plan your next steps.
Convenience is at your doorstep, with Summer Hill Shopping Centre, Northland Shopping Centre, North East Primary School, and Reservoir High School all nearby. Commuting is effortless with Tram 86 on Plenty Road and multiple bus routes (382, 566, 567) close by. For outdoor enthusiasts, enjoy the many recreational options in the area, including Darebin Sports Centre, Nisbett Street Park, CH Sullivan Memorial Park, and the Darebin Creek Trail.
terms: 10% deposit, balance 30/60/90 days
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:
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