641/641A Gilbert RoadReservoir VIC 3073
Property Details for 641/641a Gilbert Rd, Reservoir
641/641a Gilbert Rd, Reservoir is a 3 bedroom, 1 bathroom House. The property has a land size of 647m2.
Last Listing description (November 2024)
This unique property comes with and added bonus of an office/shop front with a retail area and storeroom, which you can either rent out or run your business from right next door to home.Located only a short stroll to Gilbert Rd trams and the ever vibrant Regent Village shops and cafes, you must explore the many options on offer with this large parcel of land of approx 647sqm.With it's gorgeous facade the home boats 3 good sized bedrooms,, great sized living and dining rooms, a central bathroom with separate shower & bath and functional kitchen.The art deco ceilings and hardwood floors further compliment the homes originality and the huge backyard incorporates a lockable studio/storage area all accessed by a remote garage door from a ROW with direct access to Gilbert Rd.This is an amazing and very unique opportunity which should not to be missed.You simply must inspect!!!
Property History for 641/641a Gilbert Rd, Reservoir, VIC 3073
- 07 Sep 2024Listed for Sale $1,150,000
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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 28,997 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:
- The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
- Houses have a median rent of $570 while Units have a median rent of $525.
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