SOLD
Sold on 02 Aug 2024 for $850,000

16 Station Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 121m2
Land area: 370m2
Sold By
Nelson Alexander Reservoir
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Property Details for 16 Station St, Reservoir

16 Station St, Reservoir is a 2 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 370m2 and floor size of 121m2. 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.

Building Type
House
Floor Size
121m2
Land Size
370m2
Local Government
Darebin
Lot/Plan
29/LP2567

Last Listing description (August 2024)

Tightly held by the one family since 1968, this blonde brick beauty is ready for new owners to introduce an inspirational update and create a sanctuary that celebrates the past while delivering a perfect environment for contemporary living.

Facade detail, timber floors, ornate ceilings, decorative cornice and picture rails deliver classic aspects to an interior that introduces a spacious lounge flowing through to a generous dining area served by an original, functional, eat-in kitchen. The living spaces are complemented by two bedrooms sharing a bathroom, so retro, it's almost back in vogue!

In a location that's continually evolving and offers compelling future growth potential, the 370m2 corner allotment (approx) introduces a generous rear yard. Complete with a crazy paved alfresco area, a lemon tree, a garage opening off Robinsons Road, and a large workshop, it provides a fabulous area for relaxed entertaining while delivering space for an extension or even re-development (STCA).

They say that location is key and being opposite Regent Station and Bus Stop, and with High Street, the iconic Preston market and Reservoir's thriving shopping, dining and cafe hubs a short walk or train ride away, everything you need is truly at your doorstep.

Property History for 16 Station St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$850,000
02 Aug 2024
  • 02 Aug 2024
    Sold for $850,000
  • 17 Jul 2024
    Listed for Sale Under Offer
  • 27 Nov 2017
    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 28,264 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.
There are currently 181 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1049 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.