65 Cheddar Rd, Reservoir is a 2 bedroom, 1 bathroom House with 3 parking spaces and was built in 1940. The property has a land size of 849m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in October 2023.
SOLD by Miles Real Estate. There's a lot to smile about on the substantial 849m2 corner allotment (approx) of this attractive mid-century residence set back in spacious garden surroundings facing quiet Corvey Road. Enhanced by a separate studio retreat offering enormous versatility and a huge part-covered terrace for large-scale entertaining, this bright single-storey brick home is immediately enticing with extensive space to explore future options. Entry-level buyers as well as builders and developers will find exactly what they're looking for here as this comfortable home on a sizable tract of land with dual street crossovers offers potential when ready to renovate and extend, build a stunning new residence or maximize a rare opportunity with a superb redevelopment (STCA). Featuring solid hardwood floorboards throughout, the light-filled interior offers two oversized bedrooms with built-in robes, lounge room, dining room, sunroom, modernized kitchen/meals with a stainless-steel stove, family bathroom, a powder room and laundry. The flexible retreat is ideal extra accommodation, additional living space or a home office while there's also a lock-up garage and a double carport. Conveniently located with remarkable size and scope close to High Street/Broadway cafes, shops and supermarkets, Ruthven train station, Preston Market, parklands, schools and LaTrobe University.
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:
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