173 Albert StreetReservoir VIC 3073
Property Details for 173 Albert St, Reservoir
173 Albert St, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 782m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in December 2021.
Last Listing description (August 2023)
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Superbly located close to Plenty Road tram, La Trobe Uni, Summerhill Shopping center, bus line, Northland Shopping center, schools, parklands (etc.).
A wonderful opportunity for builders, developers, and investors for now or in the future.
The existing dwelling is in good condition throughout and is comprised of 4 main rooms
Features Include:
- Full-Sized Kitchen with Gas Cooking
- Separate Living Area
- Ducted Heating
- Central Bathroom
- Separate Laundry & Toilet
- Excellent Sized bedrooms
- Separate Storage Area or Playroom
- Spacious front & Rear Yards with enough room for the whole family.
You do not come across properties like this one often!
Property History for 173 Albert St, Reservoir, VIC 3073
- 22 Jun 2023Listed for Rent $500 / week
- 14 Apr 2022Listed for Rent $430 / week
- 18 Dec 2021Sold for $1,311,000
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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.
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