OFF MARKET

1/21 Kerang Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 91m2
Land area: 261m2
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Property Details for 1/21 Kerang Ave, Reservoir

1/21 Kerang Ave, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1955. The property has a land size of 261m2 and floor size of 91m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
Unit
Year Built
1955
Floor Size
91m2
Land Size
261m2
Local Government
Darebin
Lot/Plan
1/PS720210

Last Listing description (November 2021)

OBVIOUS
Stylish lock-and-leave living in a prized lifestyle location is yours to enjoy as the future renter of this fully renovated single-level unit. Set at the front on a block of only two units and presented as new with rich timber floors, a modern colour scheme and quality contemporary finishes, this property is a quality offering for the Reservoir market. A modern kitchen with an island breakfast bench and stone surfaces offers a stylish cooking experience, and for those who love to entertain, a trendy garden courtyard enhanced with a sunny deck is primed for your summertime BBQs in the sunshine.

Back inside, on-trend floor-to-ceiling tiling, an oversized frameless shower and a deluxe soaker bath dress the main family bathroom with hotel-style luxury, while both bedrooms are of generous proportions and offer plenty of comfort.

SEALS THE DEAL
Climate-controlled with evaporative cooling and ducted heating, this instantly appealing unit also features its own street frontage and a lock-up garage for secure off-street parking. Located only 160 metres from KP Hardman Reserve, 700 metres from Summerhill Shopping Centre, 2.1 kilometres from La Trobe University and 3.6 kilometres from Preston Market, this location is perfect for all types of renters.

Property History for 1/21 Kerang Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$765,000
28 Sep 2021
Listed for Rent
$430/w
24 Nov 2021
  • 12 Nov 2021
    Listed for Rent $430 / week
  • 28 Sep 2021
    Sold for $765,000
  • 09 Sep 2021
    Listed for Sale ONLINE AUCTION - $620,000 - $680,000
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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, 1043 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.