1/1067 High StreetReservoir VIC 3073
Property Details for 1/1067 High St, Reservoir
1/1067 High St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1980. The property has a land size of 87m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.
Last Listing description (May 2024)
Welcome to your new home! This two-bedroom unit on High Street in Reservoir is a fantastic opportunity for astute buyers and entry-level homeowners. With its street frontage and great design, this property is just waiting for a facelift to reach its full potential.
Features of the property include open plan living areas that provide a spacious and comfortable atmosphere for you and your family. The unit's layout offers versatility and plenty of room to personalize and create your dream living space.
Location is key, and this unit doesn't disappoint. Situated close to Keon Park station, commuting to work or exploring the city has never been easier. Convenience continues with schools and parklands within reach, providing ample opportunities for leisurely strolls or outdoor activities. Additionally, the proximity to the metropolitan ring road ensures easy access to surrounding areas and beyond.
Priced to please, this property offers an excellent investment opportunity or a chance to enter the property market. With a bit of TLC, you can transform this unit into your dream home and add value along the way.
Don't miss out on this remarkable opportunity! Contact us today to arrange a viewing and see the potential that awaits you. Act fast as this well-priced property won't be on the market for long!
Property History for 1/1067 High St, Reservoir, VIC 3073
- 26 Apr 2024Sold for $380,000
- 29 Aug 2023Listed for Rent $320 / week
- 16 Jan 2023Listed for Sale UNDER CONTRACT
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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 28,268 properties. Over the last 5 years, Houses in Reservoir have seen a 23.70% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:
- The median value for Houses in Reservoir is $922,735 while the median value for Units is $602,707.
- Houses have a median rent of $510 while Units have a median rent of $480.
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