2/119-125 Mahoneys RoadReservoir VIC 3073
Property Details for 2/119-125 Mahoneys Rd, Reservoir
2/119-125 Mahoneys Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 178m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in January 2021.
Last Listing description (February 2022)
Keenly priced, this spacious single-level unit is tailor-made for an astute first home buyer or investor seeking a solid return. Offering a roomy and comfortable layout consisting of a generous living/dining zone with an adjoining kitchen, opening out to an abundant private rear yard. Two oversized bedrooms with mirrored built-in-robes , a centrally poised main bathroom with full-sized laundry complete this enticing package. Features include reverse cycle air conditioning, ducted heating, roller shitters & secure single garage. Ideally positioned to offer close proximity to bus services, M80 Ring Road with an array of schools and shopping options also nearby. Note: Currently returning $1434pcm to an excellent tenant on a month-month lease.
Outgoings
OC Fees: $940.80 pa
Property History for 2/119-125 Mahoneys Rd, Reservoir, VIC 3073
- 12 Jan 2021Sold for $412,000
- 01 Dec 2020Listed for Sale $400,000 - $425,000
- 22 Jun 2016Sold for $348,000
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0About 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 28,592 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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