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Sold on 17 Feb 2024 - Price Unavailable

1/16 Jinghi Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 205m2
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Property Details for 1/16 Jinghi Rd, Reservoir

1/16 Jinghi Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 205m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Land Size
205m2
Local Government
Darebin
Lot/Plan
1/PS737407

Last Listing description (February 2024)

Experience modern living in this immaculate single-level two-bedroom home. Offering style, space and an abundance of natural light, this low maintenance home is perfect for downsizes, first-home buyers or investors alike. The inviting nature of the open plan kitchen, meals and living zone makes unwinding a breeze. Stainless steel appliances, a tiled splash-back and generous storage space add style and functionality to the brand-new kitchen, while split system heating/cooling delivers all the modern comfort you need. Both bedrooms have built-in robes for added convenience and are generously sized, whilst sharing a sparkling modern bathroom. Plus, the added bonus of the front yard being on title. In a sought-after location that's within walking distance of Ruthven and Reservoir train stations, Reservoir Village shops, parks and local schools, this home is sure to impress.

Property History for 1/16 Jinghi Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
17 Feb 2024
Listed for Rent
$370/w
20 Jun 2022
  • 17 Feb 2024
    Sold for $550,000
  • 23 Jan 2024
    Listed for Sale AUCTION: $500,000 - $550,000
  • 20 Aug 2021
    Listed for Rent - Price not available
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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 28,592 properties. Over the last 5 years, Houses in Reservoir have seen a 18.33% increase in median value, while Units have seen a 18.50% increase. As at 31 October 2024:

  • The median value for Houses in Reservoir is $914,960 while the median value for Units is $603,893.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 203 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1046 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Ian Dempsey
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Chloe Dwyer-Fraser
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Disclaimer
Whilst all reasonable effort is made to ensure the information in this publication is current, CoreLogic does not warrant the accuracy or completeness of the data and information contained in this publication and to the full extent not prohibited by law excludes all for any loss or damage arising in connection with the data and information contained in this publication.