OFF MARKET

2/289-291 Broadway
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: -
Land area: 440m2
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Property Details for 2/289-291 Broadway, Reservoir

2/289-291 Broadway, Reservoir is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 440m2. While the property is not currently for sale or for rent, it was last sold in February 2021.

Building Type
Unit
Year Built
2012
Land Size
440m2
Local Government
Darebin
Lot/Plan
2/PS648810

Last Listing description (April 2021)

Wander down from this securely positioned, striking apartment where a world of convenience awaits, the vibrant Broadway and Edwards Street shopping strips, with a thriving cafe /brunching culture, Reservoir Train Station for direct commute to the CBD, leisurely stroll to Edwards Lake, recreational reserves and all essential amenities are all near by. Offering a carefree lock up and go lifestyle, ideal for first home buyers, professionals and astute investors, this one bedroom apartment situated on the second level, comprises a smart open plan design incorporating well appointed kitchen with gas cooktop/electric oven incorporating meals, living area opening to private balcony, a stylish bathroom and Euro style laundry.

Property History for 2/289-291 Broadway, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$242,000
03 Feb 2021
Listed for Rent
$295/w
28 Jun 2017
  • 03 Feb 2021
    Sold for $242,000
  • 15 Jan 2021
    Listed for Sale $220,000-$240,000
  • 05 Jun 2017
    Listed for Rent $295 / 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 28,581 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.
There are currently 197 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1040 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.