SOLD
Sold on 22 Jun 2024 for $721,000

2/20 Erskine Avenue
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 95m2
Land area: 261m2
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Fletchers Bundoora
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Property Details for 2/20 Erskine Ave, Reservoir

2/20 Erskine Ave, Reservoir is a 3 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 261m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Year Built
1960
Floor Size
95m2
Land Size
261m2
Local Government
Darebin
Lot/Plan
2/SP31875

Last Listing description (June 2024)

Nestled in a prime locale, this rare gem presents an exceptional opportunity for both homeowners and investors alike. Boasting original charm and meticulous upkeep, this unit offers the flexibility to move in immediately, embark on your dream renovation, or secure a solid investment for the future.
Inside, discover three generously proportioned bedrooms, each with built-in robes, ensuring ample storage space for all your needs. The bright central bathroom with a separate shower and bath is designed for convenience and relaxation. Multiple living zones, including a spacious lounge room and a family/meals area, provide versatile spaces for both relaxation and entertainment. The well-appointed kitchen with ample cabinetry space caters to all your culinary needs and preferences.
Step outside to uncover a private, low-maintenance courtyard and a single lock-up garage and single driveway space that offers secure off street parking and additional storage options. Ducted heating and split system cooling available to ensure year-round comfort regardless of the season.

Just moments away from Summerhill Shopping Centre, offering a plethora of shopping and dining options right at your doorstep. Easy access to public transport, including Tram Route 86 to City Waterfront Docklands, providing effortless connectivity to the heart of Melbourne. Close proximity to schools ensures quality education options for families with children. Adjacent to KP Hardman Reserve, providing lush green spaces and recreational amenities for outdoor enthusiasts.
Don't miss out on the opportunity to make this wonderful property your own. Whether you're seeking a comfortable abode to call home or a savvy investment opportunity.

Terms: 10% deposit, balance 30/60 days

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Property History for 2/20 Erskine Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$721,000
22 Jun 2024
  • 22 Jun 2024
    Sold for $721,000
  • 22 May 2024
    Listed for Sale $600,000 - $660,000
  • 16 Mar 2005
    Sold for $245,000

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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 28,731 properties. Over the last 5 years, Houses in Reservoir have seen a 8.84% increase in median value, while Units have seen a 14.22% increase. As at 28 February 2025:

  • The median value for Houses in Reservoir is $890,885 while the median value for Units is $601,375.
  • Houses have a median rent of $540 while Units have a median rent of $500.
There are currently 191 properties listed for sale, and 79 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1058 properties were sold in the past 12 months in Reservoir.

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