Back 19 Cuthbert Road
Off Market

19 Cuthbert Road

Reservoir VIC 3073

3
1
2
666 m²
House
Last sold for $900,000
Keb NguyenKeb Nguyen, last sold this property on 21 February 2020 after 24 days on market.

Overview

Call It “Home” Or Develop In Reservoir’s Heart

Sitting on a generous 666sqm (approx.) block of opportunity is this beautifully updated three-bedroom gem, which could line your pockets with income as a rewarding rental, accommodate your young family's next chapter of memories or play out your development dreams, now or in the future (STCA). In fact, thanks to the home's pristine presentation, which sees the floors dressed with sparkling polished timber floorboards, large lounge filled abundantly with natural light, the fresh interior presented with a contemporary palette and loads of space afforded to the bright kitchen and generous-sized bedrooms, you have the luxury of time on your side and therefore won't feel rushed into a making a decision. Just move straight in (or rent it out) and enjoy! In the meantime, you could consider the options that stand before; that being, maximising the full potential of the block and building a collection of ultra-contemporary townhouses to complement the five-star location or retaining the front home and developing your nest egg (STCA) in the huge backyard that currently accommodates a large double garage, plenty of grass for the kids to explore and a freestanding bungalow that can be used as a teenager's retreat, guest accommodation or a quiet home office. What's also guaranteed to excite is the prospect of living — or developing! — in the heart of Reservoir, where Reservoir Leisure Centre and TW Andrews Reserve stand across the road and Broadway shops and cafes, Reservoir train station, Reservoir East Primary School and Plenty Road trams are within short walking distance. Northland Shopping Centre, Bundoora Park, Edwardes Lake and La Trobe University are also just minutes away.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
666 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 19 Cuthbert Road is $940k.

Median value
$940k
Estimated value range
$624k - $1.7m
Median days on market
25
Estimated value trend
6%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Reservoir. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 19 Cuthbert Road

2023
Rented
Undisclosed
Leased on 01 Oct 2023 by Ray White Reservoir
2020
Sold
$900,000
Auction Sale on 21 Feb 2020 by Keb Nguyen, of Ray White Reservoir

Happy sellers in Reservoir

89%
89% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom houses in Reservoir

In the last 12 months, 274 three-bedroom houses similar to 19 Cuthbert Road, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

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