1 Dorrington AvenueReservoir VIC 3073
Property Details for 1 Dorrington Ave, Reservoir
1 Dorrington Ave, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 624m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (April 2024)
Explore a plethora of opportunities with this potential-packed three-bedroom home in a prized Residential Growth Zone - Schedule 3 (RGZ3) locale. Ripe with potential on the Preston border, venture down the path of future success with this exciting home on a huge 623.5m (approx.) corner allotment of land!
Exuding blank canvas appeal on a generously proportioned corner allotment, be inspired to develop (STCA). After all, this popular neighbourhood is within walking distance of, Plenty Rd trams, and the revamped Summerhill Shopping Centre and only a short distance to Bundoora Park, La Trobe University, Northland Shopping Centre and trendy Plenty Rd and High St cafes.
Property History for 1 Dorrington Ave, Reservoir, VIC 3073
- 09 Dec 2023Sold for $730,000
- 15 Nov 2023Listed for Sale Auction: $720,000 - $790,000
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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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:
- The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
- Houses have a median rent of $520 while Units have a median rent of $480.
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