OFF MARKET

1/212 Spring Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Land area: 950m2
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Property Details for 1/212 Spring St, Reservoir

1/212 Spring St, Reservoir is a 2 bedroom, 1 bathroom Unit. The property has a land size of 950m2. While the property is not currently for sale or for rent, it was last sold in January 2021.

Building Type
Unit
Land Size
950m2
Local Government
Darebin
Lot/Plan
1/PS801319

Last Listing description (February 2021)

First Homeowners Grant & Stamp Duty Savings available if you qualify

Make a stylish entry into Reservoir as an owner-occupier or investor with this instantly loveable and brand new two-bedroom unit.

Brand new & presented in pristine condition with loads of natural light with a stainless steel dishwasher in the excellent kitchen, move straight in without a worry in the world or lease it out immediately and line your pockets with income. Either way, you can't lose!

Its desirable easy-care character is ideal for the professional couple with busy lifestyles or empty nesters craving a low-maintenance aspect, while living within short walking distance of Reservoir Primary School, St. Gabriel's Primary School, Edwardes Lake, bus services and moments from Broadway and Edwardes Street shops and cafes, Reservoir train stations, La Trobe University and the Metropolitan Ring Road is perfect for a host of buyers.

Enjoy the impressive size and scale of the light-filled open-plan living/dining domain on entry, as well as the privacy afforded to both generous-sized bedrooms.

A tranquil outdoor dining area in the private courtyard presents a quiet space to enjoy your morning coffee or alfresco dinner, while split-system cooling, European laundry, charming outdoor decked entertaining area.

Property History for 1/212 Spring St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$485,000
13 Jan 2021
  • 13 Jan 2021
    Sold for $485,000
  • 18 Nov 2020
    Listed for Sale $450,000 - $495,000

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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 28,582 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.
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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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.