60/2 Gremel Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

60/2 Gremel Road
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 225m2
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Last updated 13 Jul 2026
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Property Details for 60/2 Gremel Rd, Reservoir

60/2 Gremel Rd, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 225m2.

Building Type
Unit
Land Size
225m2
Local Government
Darebin

Last Listing description (July 2025)

**SOLD BY ADRIAN ANTONELLO 0412 003 318**

## BUYER REQUIREMENTS YOU MUST BE OVER 55 TO PURCHASE AND NO INVESTORS ##
Situated at the rear of this residential park is a surprisingly spacious and well presented home for buyers over 55 to purchase a home to call your own.

On offer is a welcoming and cosy living space bathed in natural light that seamlessly flows into the meals area and modern kitchen with gas stove and pantry.
The one bedroom is complete with built in robe and split system, separate bathroom and separate laundry facilities. The drive way leads to a carport and opens up to the fabulous rear yard that is low maintenance and has fantastic views to the city.
The fees to live in this well maintained park is $640 per fortnight, the fees include water usage, maintenance of the gardens, roads and street lighting.
The handy location is only a short stroll to Summerhill Village that offers Aldi, Kmart, Coles, Doctors, Chemist and so much more and with Plenty Road Tram giving easy access to the City, Bundoora Park and the DFO's
All inspections are by appointment, be quick as this property won't last.

Property History for 60/2 Gremel Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
  • 23 Jun 2025
    Listed for Sale Not Disclosed
  • 13 Mar 2025
    Listed for Sale $140,000
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About Reservoir 3073

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 29,148 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:

  • The median value for Houses in Reservoir is $957,158 while the median value for Units is $645,988.
  • Houses have a median rent of $590 while Units have a median rent of $530.
There are currently 129 properties listed for sale, and 85 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1185 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Cotality Copyright and Legal Disclaimers about Property Data
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.