SOLD
RECENT ADVICE
Sold on 22 Oct 2024 for $1,380,000

11 Sharpe Street
Reservoir VIC 3073

Bedrooms: 7
Bathrooms: 3
Car spaces: -
Floor area: 143m2
Land area: 768m2
Sold By
Nelson Alexander Reservoir
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Property Details for 11 Sharpe St, Reservoir

11 Sharpe St, Reservoir is a 7 bedroom, 3 bathroom House and was built in 1950. The property has a land size of 768m2 and floor size of 143m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 7 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
143m2
Land Size
768m2
Local Government
Darebin
Lot/Plan
2/LP29068

Last Listing description (October 2024)

Occupying a generous allotment, this unique property delivers a rare opportunity to secure two homes on one title, enabling you to look confidently to the future while exploring boundless possibilities.

Fresh paint enhances period features of recently polished timber floors, leadlight windows, block-mounted switches, and tessellated tiles in the bathroom and ensuite, perfectly complemented by contemporary luxuries of multiple split system units and in-roof storage in the interior of the front residence. Four bedrooms partner perfectly with a spacious living room that integrates a modern kitchen and opens to a spacious deck.

A relaxing space for outdoor enjoyment, it links the front house to the rear dwelling. Here you'll discover a perfectly presented interior where a spacious living-meals (complete with split system unit) and anchored by a stainless-steel equipped kitchen, separate the main bedroom (split system unit) from the two remaining bedrooms for peace and privacy.

Making the most of the impressive proportions of the private yard are extras including multiple sheds, wood-fire pizza oven, a powered workshop, glass house, lush lawn, veggie beds and a chicken coop. Enhancing sustainability is a solar system offering 7.7 kW through 28 panels.

Astute investors can capitalise by enjoying two income streams. Owner-occupiers can offset the mortgage, living in one and renting out the other, while large or multi-generational families can enjoy the security of having the family together without sacrificing privacy.

Minutes from the centre of Reservoir, Regent Station and bus, whatever path you take, this is sure to reward.

Property History for 11 Sharpe St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$1,380,000
22 Oct 2024
  • 22 Oct 2024
    Sold for $1,380,000
  • 25 Sep 2024
    Listed for Sale Under Offer
  • 07 Jun 2023
    Transferred
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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 28,591 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 72 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1039 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.