44 Purinuan RoadReservoir VIC 3073
Property Details for 44 Purinuan Rd, Reservoir
44 Purinuan Rd, Reservoir is a 4 bedroom, 1 bathroom House with 2 parking spaces and was built in 1965. The property has a land size of 762m2 and floor size of 156m2. While the property is not currently for sale or for rent, it was last sold in September 2020.
Last Listing description (September 2024)
Situated in a highly-sought out pocket of Reservoir sits this prime development site offering the perfect opportunity to builders, developers and investors alike. Measuring a total of 762m2 (approx) with a 16.3m frontage and 46.8m width, this parcel of land provides the perfect site for future re-development.
Plans and permits are already in place to construct three sizeable homes, ranging from 3-4 bedrooms with 2+ bathrooms and garages. These documents are available to view upon request.
Perfectly located just moments from Ruthven train station, Broadway shops, local supermarkets, reputable schools, cafes/ restaurants, lovely parklands and a short drive to major road access.
Secure this wonderful opportunity by getting in touch today.
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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
Property History for 44 Purinuan Rd, Reservoir, VIC 3073
- 25 Jun 2024Listed for Sale $830,000
- 12 Sep 2023Listed for Sale Not Disclosed
- 20 Sep 2020Sold for $600,000
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About Reservoir 3073
The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Reservoir in 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation. In 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.
Reservoir has 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:
- The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
- Houses have a median rent of $520 while Units have a median rent of $480.
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