6 Summerhill Road, Reservoir, VIC 3073 sold on 26 April 2025 | OnTheHouse
 
SOLD
Sold on 26 Apr 2025 - Price Unavailable

6 Summerhill Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Land area: 663m2
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Property Details for 6 Summerhill Rd, Reservoir

6 Summerhill Rd, Reservoir is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 663m2. While the property is not currently for sale or for rent, it was last sold in April 2025. There are other 3 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Land Size
663m2

Last Listing description (April 2025)

Offering an exceptional opportunity in a Residential Growth Zone - Schedule 3 (RGZ3), 6 Summerhill Road, Reservoir is a standout property for developers, investors, and homeowners looking to capitalize on a highly sought-after location. Set on 663sqm (approx.), this generous allotment presents enormous potential for multi-unit development or a high-yielding investment (STCA).

The existing fully-renovated three-bedroom, one-bathroom home is well-maintained and immediately livable, featuring polished timber floors throughout that enhance its warmth and character. The spacious living area is complemented by a split-system heating and cooling unit, ensuring year-round comfort.

A functional kitchen and dining area, well-sized bedrooms, and a central bathroom make the home suitable for immediate occupancy or rental while development plans are prepared. The property also includes a double garage, offering additional storage and secure parking.

Positioned in a high-growth pocket of Reservoir, this property is within walking distance to public transport, local shops, parks, and reputable schools. The zoning and land size provide excellent flexibility for those looking to develop in a location with strong demand for modern townhouses or apartment-style living (STCA).

With its strategic location, redevelopment potential, and existing rental appeal, this is an opportunity not to be missed.

Enquire today to explore the possibilities this site has to offer.

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Property History for 6 Summerhill Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
26 Apr 2025
  • 26 Apr 2025
    Sold for $812,500
  • 01 Apr 2025
    Listed for Sale Auction: $700,000 - $770,000
  • 16 Oct 2010
    Sold for $499,000
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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 28,940 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 114 properties listed for sale, and 82 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1271 properties were sold in the past 12 months in Reservoir.

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Alastair Surtees
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Nicole Liang
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Ray White Reservoir
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