OFF MARKET

1B Clements Grove
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 74m2
Land area: 216m2
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Property Details for 1b Clements Gr, Reservoir

1b Clements Gr, Reservoir is a 2 bedroom, 1 bathroom Unit and was built in 2000. The property has a land size of 216m2 and floor size of 74m2. While the property is not currently for sale or for rent, it was last sold in June 2022.

Building Type
Unit
Year Built
2000
Floor Size
74m2
Land Size
216m2
Local Government
Darebin
Lot/Plan
3/PS524185

Last Listing description (July 2022)

This architecturally designed two-bedroom affordable unit comes with no Body Corporate/Strata and offers a grand opportunity for buyers to get a foot in the door into the property market. Set on 217 Sqm of land, this free standing unit is definitely an eye capturer.

Step inside this tranquil heaven brings your the master bedroom with WIR whilst bedroom 2 sits next to it. The floating floorboards enhance a large, light-filled open plan living room with a tiled meals area and a fully equipped kitchen with stainless steel appliances for easy living and entertaining & fitted with European laundry.
This unit comes with front-yard and backyard so garden lovers are most welcome as this is a good opportunity to downsize and still keep your passion of gardening.

A few steps from the bus, around the corner from the park, within easy reach of Broadway, High and Spring Streets along with La Trobe Uni and Northland, Reservoir Train Station, Reservoir Leisure Centre/swimming pool within 500meters proximity it enjoys its own street frontage.

Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.

Property History for 1b Clements Gr, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$475,000
11 Jun 2022
Listed for Rent
$390/w
14 Feb 2022
  • 11 Jun 2022
    Sold for $475,000
  • 08 Mar 2022
    Listed for Rent $390 / week
  • 13 Oct 2021
    Listed for Sale Asking $480,000 to $520,000
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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 28,263 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 196 properties listed for sale, and 62 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1043 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.