OFF MARKET

1/17 Newton Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 128m2
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Property Details for 1/17 Newton St, Reservoir

1/17 Newton St, Reservoir is a 2 bedroom, 1 bathroom Unit and was built in 1990. The property has a land size of 128m2. While the property is not currently for sale or for rent, it was last sold in May 2022.

Building Type
Unit
Year Built
1990
Land Size
128m2
Local Government
Darebin
Lot/Plan
1/PS311873

Last Listing description (November 2022)

SOLD BY ROSS KONTOSSIS 0413 224 811

Located within a short walk to Northland Shopping Centre, Bus Services, local parks & caf's and 11km to the Melbourne CBD, this large 2 Bedroom villa Unit in a boutique block will appeal to first home buyers, investors and downsizers alike. Nestled privately at the front it offers a peaceful ambience with an excellent rear yard ideal for year round entertaining. The internal features of the home consist of a spacious Lounge and meals area adjacent to a fully equipped kitchen with cooktop & oven whilst having plenty of cupboard space. The two bedrooms (both with BIR's) are cleverly zoned away from the living and between the central bathroom which offers a shower over bath for those with young children, whilst there is a large laundry with extra cupboard space which is extremely rare in units these days. Further features include great access back into Melbourne CBD, car space, heating, lots of storage and drenched in natural light throughout. Inspections are a must!

Property History for 1/17 Newton St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$460,000
24 May 2022
  • 24 May 2022
    Sold for $460,000
  • 03 May 2022
    Listed for Sale Under Contract
  • 20 Nov 2021
    Transferred
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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 28,203 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 182 properties listed for sale, and 60 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1023 properties were sold in the past 12 months in Reservoir.

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