OFF MARKET

16 Croft Crescent
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 724m2
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Last updated 11 Nov 2024
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Property Details for 16 Croft Cres, Reservoir

16 Croft Cres, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 724m2. While the property is not currently for sale or for rent, it was last sold in September 2021.

Building Type
House
Land Size
724m2
Local Government
Darebin
Lot/Plan
86/LP30539

Last Listing description (November 2022)

SOLD BY HARRY KONTOSSIS 0419 337 719

Please be advised we will be taking offers prior to Auction and therefore require you to register your interest by no later than 5.00pm Thursday 9th September 2021.

Kindly register your details to Harry Kontossis via telephone 0419 337 719 or email hkontossis@barryplant.com.au

This large parcel of land of approx. 730m2 offers a huge frontage of approx. 47m and lends itself ideally to development of townhouses / units (S.T.C.A).

Situated in this most convenient location, within walking distance to shopping, schools, public transport, parklands, Edwardes Park Lake (etc.).

Features original solid brick home of main 5 rooms with potential to renovate and extend.

Land 730m2 approx.

An ideal opportunity not to be missed!

Property History for 16 Croft Cres, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$1,105,000
12 Sep 2021
  • 12 Sep 2021
    Sold for $1,105,000
  • 23 Aug 2021
    Listed for Sale Contact Agent

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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 201 properties listed for sale, and 67 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.