54 Booroondara St, Reid is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1930. The property has a land size of 881m2 and floor size of 205m2. While the property is not currently for sale or for rent, it was last sold in June 2017.
Peacefully located in a tightly held enclave and treasured within the one family for over 50 years, this well presented three bedroom Heritage home with additional studio flat, provides an ideal opportunity for a wide range of buyers. Set well back from the tree lined street on a 881sqm block, it offers a rare and exciting buying opportunity.
- Original heritage home circa 1926
- First time offered for sale in over 50 years
- Main House three bedrooms and one bathroom
- Additional studio flat with own bathroom and kitchenette
- Flexible single level design with multiple living areas
- Freshly painted throughout
- Impressive entertaining area onto very private setting
- Large kitchen with pantry
- Ducted heating and cooling
- Huge potential to add value through renovation
- Tightly held location, in the heart of the City
- Block size 881sqm (2016 - 2017 u.v $844,000)
The size of Reid is approximately 1 square kilometres. It has 7 parks covering nearly 16.5% of total area. The population of Reid in 2011 was 1,582 people. By 2016 the population was 1,645 showing a population growth of 4.0% in the area during that time. The predominant age group in Reid is 20-29 years. Households in Reid are primarily childless couples and are likely to be repaying over $4000 per month on mortgage repayments. In general, people in Reid work in a professional occupation. In 2011, 41% of the homes in Reid were owner-occupied compared with 38.2% in 2016.
Reid has 1,510 properties. Over the last 5 years, Houses in Reid have seen a 41.13% increase in median value, while Units have seen a 39.34% increase. As at 31 October 2024:
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