SOLD
RECENT ADVICE
Sold on 09 Jan 2024 for $585,000

1/2 Station Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 168m2
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Property Details for 1/2 Station St, Reservoir

1/2 Station St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 168m2. While the property is not currently for sale or for rent, it was last sold in January 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Land Size
168m2

Last Listing description (January 2024)

Exhibiting flawlessly styled interiors, this charming two-bedroom unit, holding a coveted position at the forefront of a boutique block of four, presents a pleasant surprise for discerning buyers in search of a high-quality, low-maintenance lifestyle. Tucked away in one of Regent's most sought-after avenues, and conveniently located just a short stroll from Gilbert Road trams, Regent Station, and the vibrant High Street, this inviting property is ideal for the investors.

Featuring a Scandinavian-inspired ambiance with its timber flooring and expansive windows, the living and dining areas boast ample proportions and an abundance of natural light. The well-appointed kitchen and the hassle-free courtyard provide a secluded outdoor retreat. Two comfortable bedrooms are serviced by a central bathroom, dedicated laundry facilities, heating, cooling, and parking for one car. This turnkey property ensures effortless contemporary living in a prime Regent locale.

Property History for 1/2 Station St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$585,000
09 Jan 2024
Listed for Rent
$350/w
06 Sep 2022
  • 15 Dec 2023
    Sold for $585,000
  • 08 Nov 2023
    Listed for Sale Not Disclosed
  • 24 Aug 2022
    Listed for Rent $350 / week
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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 28,581 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 197 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1040 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Larry Li
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Chris Moxon
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Barry Plant - Bundoora
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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.