16 Locksley AvenueReservoir VIC 3073
Property Details for 16 Locksley Ave, Reservoir
16 Locksley Ave, Reservoir is a 2 bedroom, 2 bathroom House. The property has a land size of 519m2 and floor size of 122m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (August 2024)
On total land size of approximately 519sqm whilst set in the coveted Preston High zone. this once-loved two bedroom plus study home offers major opportunity to enhance or rebuild (STCA). Moments to popular schools, parks, transport and Spring St amenities.
- Once-loved home now with transformation potential (STCA)
- Formal lounge and dining room progress to a retro kitchen
- Back sunroom leads to deep and grassy backyard with shed
- Featuring garage with lengthy driveway off-street-parking
- Including central bathroom and internal laundry with toilet
- Resting on a coveted block, approximately 519sqm in size
- Ideally less than 11.5km to our cosmopolitan city centre
- Zoned to Preston High and Reservoir West Primary Schools
- Near Spring St amenities, transport and parks/playgrounds
Property History for 16 Locksley Ave, Reservoir, VIC 3073
- 30 Aug 2024Sold for $880,000
- 07 Aug 2024Listed for Sale $880,000
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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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