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16 Nicholson Avenue, ReservoirPrice Withheld
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Soldhouse

16 Nicholson Avenue

Reservoir, VIC 3073, Australia
Price Withheld
4 bed 1 bath 1 car698 m²

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About this property

Exciting potential will impress with this property that's perfectly positioned in such a convenient Reservoir location surrounded by schools, parks, Summerhill Shopping Centre and public transport. This residence offers enormous scope for a complete renovation, knocking down and building your dream home or expanding your investment portfolio with a multi-unit site (STCA). The existing home includes an open plan kitchen, meals and living zone framed by a feature fireplace (electric heater), along with four bedrooms serviced by a family bathroom and laundry. The flat rear yard offers plenty of space for future ideas, with an entertainers deck/pergola, storage shed and side gate access. * Spacious home on a large allotment with endless possibilities for renovation, knock down-rebuild and developing. (STCA) * Four spacious bedrooms serviced by a bathroom and family laundry. * Well-connected location walking distance to Summerhill Shopping Centre, public transportation and local schools. Due diligence checklist - for home and residential property buyers http://www.consumer.vic.gov.au/duediligencechecklist

Property Details

Property Type
house
Listing Type
Sold
Bedrooms
4
Bathrooms
1
Parking
1
Land Area
698 m²
Listed
3 months ago

Repayment calculator

$3,636/month
$1,818 /fortnight
Loan $600,000 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$150,000
Stamp duty$40,070
Conveyancing (est.)$2,000
Total upfront$192,070
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Reservoir

This 4-bedroom house in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools.

Schools near Reservoir

  • Northern School For Autismcombined · U · CoEd
  • Holy Name Schoolprimary · Prep-6 · CoEd
  • Maharishi School of the Age of Enlightenmentprimary · Prep-6 · CoEd
  • Reservoir East Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Views Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • Hickford Street/Cheddar Road (bus)2.2 km away
  • milk bar2.7 km away
  • Cheddar Road East Linear Reserve1.9 km away
  • Cheddar Road East Linear Reserve2.0 km away
  • Cheddar Road East Linear Reserve2.1 km away

Reservoir at a glance

Full suburb profile
Population
51,096
Median age
38
Household income
$1,541/wk
Median rent
$360/wk
Median mortgage
$1,986/mo

Source: ABS Census.

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Suburb market

Suburb price trend

Reservoir price trend

Median sold · House 4 bed

Compound growth +2.2% / yr over 4 yrs

$1.11mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Reservoir market

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