OFF MARKET

1/23 Newton Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 153m2
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Last updated 11 Nov 2024
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Property Details for 1/23 Newton St, Reservoir

1/23 Newton St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1993. The property has a floor size of 153m2.

Building Type
Unit
Year Built
1993
Floor Size
153m2
Local Government
Darebin
Lot/Plan
1/PS304410

Last Listing description (May 2024)

2 Bedroom - $450 per week

Conveniently located close to local shops including Northlands shopping centre, public transport and schools. An ideal place to call home for small families, couples and students.

This renovated spacious modern unit comprises of generous sized bedrooms with mirrored built-in robes, a spacious light filled open plan kitchen, meals, and lounge area with stainless steel gas cooking appliances, dishwasher and Caesarstone benchtop.

Spacious bathroom with a shower and bath and separate toilet. Further features include a separate laundry, timber floors, split system cooling, ducted heating and private courtyard.

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Property History for 1/23 Newton St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Listed for Rent
$450/w
15 Feb 2024
  • 07 Feb 2024
    Listed for Rent $450 / week
  • 29 Jun 2011
    Listed for Rent - Price not available
  • 24 May 2006
    Listed for Rent - Price not available

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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 28,580 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 199 properties listed for sale, and 68 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.