147/2 Gremel Road, Reservoir VIC 3073

1 beds 1 baths 1 cars

Spachus Insights

View Reservoir market
Price position Below suburb median

85.1% below the current suburb median listing price.

Buyer negotiation signal Competitive conditions

The suburb median sold price is $13,000 above the median listing price.

Selling pace Sold much slower than typical

26 days typical · Sold in 47 days (81% longer).

Property details

Over 55s Lifestyle Opportunity Low-Maintenance Living in a Prime Location

## BUYER REQUIREMENTS YOU MUST BE OVER 55 TO PURCHASE. NO INVESTORS. ##
1Bedrooms 1Bathrooms 1Car spaces ApartmentProperty type

Reservoir market

Full suburb report
Median listing$770,000
Median sold$783,000
Typical selling time26 days
Tracked sold properties441
Explore properties on the map

Property Overview

147/2 Gremel Road, Reservoir VIC 3073 is an apartment. It has 1 bedroom, 1 bathroom and 1 car space. The property sold for $115,000 on 12 August 2026 by private treaty after 47 days on the market. In Reservoir, the median listing price is $770,000 and the median sold price is $783,000. This sale was $668,000 (85.3%) below the Reservoir median sold price. Properties in Reservoir typically sell in around 26 days based on Spachus tracked sales data. It took 21 days longer to sell than the Reservoir typical selling time.

Explore the Reservoir Property Market
✦

Ask Spachus AI

Get instant insights about this property, the suburb or the market.

Is this a good price?How does this compare?What is the market doing?
Ask Spachus AI