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43/2 Gremel Road, Reservoir$149,000
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43/2 Gremel Road

Reservoir, VIC 3073, Australia
$149,000
2 bed 1 bath 1 car

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About this property

## BUYER REQUIREMENTS YOU MUST BE OVER 55 TO PURCHASE AND LIVE IN THE PARK AND NO INVESTORS ## Situated close to the front of the residential park is a surprisingly spacious and well presented home offering a cosy living space with split system and ceiling fan for all year round comfort and shutters for security. The living space flows into the modern and functionable kitchen with stove, ample of bench space and storage that overlooks the meals area. The two good size bedrooms both offer built in robes and wall mounted televisions, (split system in the main bedroom), separate bathroom, separate toilet and laundry facilities with access to the carport. The fees to live in this well maintained park is $675 per fortnight, the fees include water usage, rates, maintenance of the gardens, roads and street lighting throughout the park. The handy location is only a short stroll to Summerhill Village that offers Aldi, Kmart, Coles, Doctors, Chemist and so much more and with Plenty Road Tram giving easy access to the City, Bundoora Park and the DFO's. All inspections are by appointment, be quick as this property won't last.

Property Details

Property Type
apartment
Listing Type
For Sale
Bedrooms
2
Bathrooms
1
Parking
1
Listed
3 days ago

Repayment calculator

$722/month
$361 /fortnight
Loan $119,200 at 6.10% over 30 years

Upfront costs

Deposit$29,800
Stamp duty$4,010
Conveyancing (est.)$2,000
Total upfront$35,810
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 2-bedroom apartment in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 81% below the $774,500 median of 59 comparable apartmentswithin 5 km.

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)2.6 km away
  • milk bar3.1 km away
  • Cheddar Road East Linear Reserve2.3 km away
  • Cheddar Road East Linear Reserve2.4 km away
  • Cheddar Road East Linear Reserve2.5 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 · Unit 2 bed

Compound growth +2.9% / yr over 4 yrs

$621kcurrent median

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

Full Reservoir market

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Price history

Listing price changes

1 price change recorded for this property

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