1/16 Yarra AvenueReservoir VIC 3073
Property Details for 1/16 Yarra Ave, Reservoir
1/16 Yarra Ave, Reservoir is a 3 bedroom, 1 bathroom Unit and was built in 1960. The property has a land size of 315m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in October 2022.
Last Listing description (October 2022)
This single-level residence seeks new owners who have an appreciation for style and substance. Its quality brick construction, beautifully rendered exterior and cleverly conceived interior that enhances indoor-outdoor flow are just a handful of outstanding features on offer. The heart of this enticing home is enriched with a semi open plan concept that accesses low-maintenance gardens on either side. The floor plan incorporates a lounge, dining area and stylish subway tiled kitchen equipped with stainless steel appliances and plentiful cabinetry. Space for respite has also been carefully considered with three bright bedrooms each serviced by a lovely bathroom. Additional highlights also include polished hardwood floors, quality window furnishings, ducted heating and cooling, solar panels and car accommodation for four. Positioned only minutes from Summerhill shopping and eateries, great local schools and universities (La Trobe, RMIT, Reservoir East Primary and Reservoir High), parklands, Edwardes Street shopping and public transportation including the 86 Tram on Plenty Road.
Property History for 1/16 Yarra Ave, Reservoir, VIC 3073
- 10 Oct 2022Sold for $630,000
- 20 Sep 2022Listed for Sale AUCTION - $550,000 - $600,000
- 18 Dec 2014Listed for Rent - Price not available
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0About 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 28,582 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.
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