1/177 Rathcown Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2008. The property has a land size of 271m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in April 2022.
Dive into the property market with confidence by acquiring this value-packed two-bedroom unit moments from the heart of Reservoir.
Boasting its own frontage and enjoying a favourable north-facing orientation, it's an inspired choice for a host of buyers, from the young couple looking to take their first step on the property ladder to investors eager to add another solid earner to their portfolio of properties.
Loads of northern sunshine naturally illuminates the radiant living area, enhanced with brand new carpets underfoot and direct access to the enclosed private courtyard featuring an undercover entertaining area, while light and space are also assets of the open-plan meals/kitchen zone.
Both robed bedrooms also enjoy the luxury of brand new carpeted flooring, while a bright main bathroom, separate laundry, heating and cooling and a single lock-up garage are further highlights.
Conveniently located within minutes of Reservoir and Ruthven train stations, excellent schools, Reservoir Village shops and cafes, parks and La Trobe University.
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:
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