SOLD
Sold on 26 Mar 2024 for $464,000

1C Wattlebrae Street
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Floor area: 54m2
Land area: 107m2
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Nelson Alexander Reservoir
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Property Details for 1c Wattlebrae St, Reservoir

1c Wattlebrae St, Reservoir is a 1 bedroom, 1 bathroom Unit and was built in 2005. The property has a land size of 107m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
54m2
Land Size
107m2
Local Government
Darebin
Lot/Plan
3/PS515022

Last Listing description (March 2024)

If you're looking for a low-maintenance, easy lifestyle with everything you need within a relaxed stroll, you'll be instantly impressed by this single-level home that delivers all the lock and leave benefits of an apartment with townhouse dimensions and flexibility, all in a fabulously central location!

Free of body corporate and tucked between a front yard with a picket fence and parking and a rear garden that includes a decked alfresco area under a wind-out awning (so you control the sun and shade) are perfectly presented spaces ready for those starting out, or slowing down.

Laminate timber floors complement an easy living layout that features a large bedroom with a built-in robe served by a contemporary bathroom, fully tiled and finished with matt black fittings.

A kitchen equipped with stainless steel appliances anchors a generous open-plan living area stretching out through sliding doors to the alfresco area.

Split system climate control, roller shutters, timeless plantation shutters and a shed lead the inclusions list.

Enjoying a location on the Regent side of Reservoir, it is footsteps from Hillcroft Park, an easy walk to the local village and bus on Gilbert Road and not much further to Edwardes Lake Park. Reservoir Station and the dining, shopping and cafe options in the heart of Reservoir are all within a relaxed stroll.

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Property History for 1c Wattlebrae St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$464,000
26 Mar 2024
Listed for Rent
$310/w
08 Feb 2018
  • 26 Mar 2024
    Sold for $464,000
  • 07 Mar 2024
    Listed for Sale Under Offer
  • 29 Jan 2018
    Listed for Rent $280 / week
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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 22.36% increase in median value, while Units have seen a 19.72% increase. As at 30 September 2024:

  • The median value for Houses in Reservoir is $917,681 while the median value for Units is $600,755.
  • Houses have a median rent of $530 while Units have a median rent of $490.
There are currently 191 properties listed for sale, and 71 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1042 properties were sold in the past 12 months in Reservoir.

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