Back 26 Burbank Drive
Off Market

26 Burbank Drive

Reservoir VIC 3073

3
1
2
577 m²
House
Last sold for $735,000
Matthew ClarkMatthew Clark, last sold this property on 18 March 2022 after 24 days on market.

Overview

Extend Your Imagination With This Renovator's Dream Home

Location, plus the promise of potential, combine to make this three-bedroom home the solution for families looking to get a good property in a suburb on the rise. This rock-solid suburban time capsule is not only begging to be brought into the 21st century, it is shouting 'young family' looking for a dream start. Even better, its big 577sqm block offers the scope to really do something special with this home - think extending or building your new dream home (STCA) - and turn it into the star of the street - and suburb! The well-appointed kitchen, bathroom and carpeted lounge on entry are all period settings, while bedrooms are of a generous nature. Complete with year-round climate control, it is a perfectly liveable opportunity while you explore your opportunities for the future. In the short term, there is also the bonus of a studio space at the rear of the garage in the generous backyard, which could be used as a home office, a teenager's retreat or even a spare bedroom for visitors. Outside your front gate, every direction you turn has something to offer, from a comfortable walk to Keon Park train station for a stress-free commute to the 10-minute drive to Reservoir Village and its collection of shops and cafes. It's take your pick of the excellent local schools that stand within a 5km radius, and there's no shortage of green space, with parklands and sporting reserves at every point of the compass. Already a popular pocket of Reservoir, demand is only going one way and that brings the bonus of even bigger numbers on your long-term bottom line.

Features

3 bedrooms
1 bathroom
2 carspaces
2 garage spaces
577 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 26 Burbank Drive is $930k.

Median value
$930k
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 26 Burbank Drive

2022
Sold
$735,000
Auction Sale on 18 Mar 2022 by Matthew Clark, 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 109 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom houses in Reservoir

In the last 12 months, 282 three-bedroom houses similar to 26 Burbank Drive, have been sold.

This represents a 14% increase in three-bedroom houses sales when compared to the previous 12 months.

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