1/51 Lane CrescentReservoir VIC 3073
Property Details for 1/51 Lane Cres, Reservoir
1/51 Lane Cres, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. 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.
Last Listing description (January 2024)
*Sale by Set Negotiation *
Enhance your standard of living with style and convenience with this position-perfect two-bedroom unit in the heart of Reservoir!
With the bustling Broadway dining and shopping strip, Reservoir Leisure Centre, Reservoir train station and bus services a short walk away and excellent local schools, La Trobe University, Plenty Road trams and the Darebin Creek Trail within close proximity, the five-star location easily caters to the lifestyle needs of a host of buyers.
Presented in sparkling condition with low-maintenance gardens and its own street frontage, this bright and stylish single-level unit also represents a solid blue-chip investment for the value-chasing investor.
Contemporary flooring, an open kitchen with stainless steel appliances and a smart indoor-outdoor design enhance the modern character of the radiant open-plan living area, while two generous-sized bedrooms (both with carpeted flooring and built-in robes) and a bright modern bathroom are zoned for privacy and comfort.
Climate-controlled with split-system heating/cooling, this fantastic starter, downsizing option or investment also features ample storage, European laundry and a single carport.
Due diligence checklist – for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 1/51 Lane Cres, Reservoir, VIC 3073
- 31 Jan 2024Sold for $515,000
- 08 Nov 2023Listed for Sale SOLD
- 13 Feb 2023Listed for Rent $370 / week
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0About 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 28,268 properties. Over the last 5 years, Houses in Reservoir have seen a 23.70% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:
- The median value for Houses in Reservoir is $922,735 while the median value for Units is $602,707.
- Houses have a median rent of $510 while Units have a median rent of $480.
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