175 Broadway Reservoir VIC 3073
Property Details for 175 Broadway, Reservoir
175 Broadway, Reservoir is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 691m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (March 2024)
Secure your path to future success with this intelligent investment nestled in the heart of Reservoir.
The single-level layout is designed to maximize space, creating a warm and inviting atmosphere. Natural light floods the interior, highlighting the generously sized bedrooms, polished timber floorboards, and lofty ceilings that enhance the overall sense of height and space in every room.
Situated on a substantial 697sqm (approx.) plot with RGZ3 ZONING, this property offers the flexibility to develop either now or in the future, allowing you the luxury of time on your side (STCA). In the interim, capitalize on a steady stream of income by leasing the property. Alternatively, given its modern presentation, spacious living areas, ample storage options, and a prime location just a short walk from Broadway shops and cafes, Reservoir train station, Reservoir East Primary School, and Reservoir Leisure Centre, you might find yourself eager to move your family in sooner.
The well-appointed kitchen is a highlight, featuring beautiful stone benchtops, a large island bench, and an impressive 900mm freestanding stainless steel cooker. The grass-free backyard offers secure storage for multiple vehicles, a work trailer, boat, or caravan. An additional loft storage room further adds to your storage solutions.
Benefit from excellent accessibility to Plenty Rd trams, La Trobe University, and Northland Shopping Centre, enhancing the overall appeal of this life-changing opportunity.
Property History for 175 Broadway, Reservoir, VIC 3073
- 02 Mar 2024Sold for $1,020,000
- 06 Feb 2024Listed for Sale Not Disclosed
- 03 Aug 2017Listed for Rent - Price not available
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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 28,202 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.
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