2/131 North Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 120m2 and floor size of 75m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.
A tree lined street in the always sought after Oakhill Estate ensures the appeal of this inviting single level unit as your first address, as a way to downsize with designer style or as an investment offering the prospect of reliable returns.
One of only three, complemented by the convenience of its own secure garage, the spaces promise exceptional Reservoir success. Original polished hardwood floorboards contribute significant beauty to a well-organized, impressively updated two bedroom format featuring a generous living room where reverse cycle heating/cooling keeps things perfectly comfortable.
The separate kitchen/meals area's stylish tiles, stone benches and stainless steel appliances deliver modern efficiency that's matched by a bathroom fitted with a separate bath and shower.
A separate laundry, low-maintenance courtyard and the garage add to the profile of a property that's desirably close to Reservoir East Primary School, Broadway's eateries, Summerhill Shopping Centre and Plenty Road tram routes
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:
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