OFF MARKET

2/4 Nicholson Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 135m2
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Last updated 14 Oct 2024
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Property Details for 2/4 Nicholson Ave, Reservoir

2/4 Nicholson Ave, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 135m2. While the property is not currently for sale or for rent, it was last sold in December 2020.

Building Type
Unit
Land Size
135m2
Local Government
Darebin
Lot/Plan
2/PS544537

Last Listing description (December 2020)

Investors, first homebuyers and downsizers here's your chance to own a smart and stylish two-bedroom unit that's presented as new in a premier lifestyle location!

One of only three on the private block, enjoy the convenience of living within footsteps of Summerhill Shopping Centre, Reservoir East Primary School, Reservoir High School, the Darebin Creek Trail and Plenty Road trams, which provides a quick and easy commute to La Trobe and RMIT universities, Bundoora Park, High Street bars and cafes and Melbourne's CBD.


Presented in immaculate condition and awash with natural light, call it home' and you'll also enjoy living with total peace of mind given the unit's pristine presentation and low-maintenance lifestyle appeal.

Sparkling polished parquetry timber flooring add a sophisticated sense of style to the sun-kissed open-plan living domain, where high ceilings accentuate the feeling of space and sliding doors integrate indoor-outdoor living.

Cook up a storm in the large modern kitchen, which excels with its generosity of space, stainless steel appliances and walk-in pantry, and admire the easy-care nature of the private grass-free courtyard, which is the epitome of low-maintenance living.

Back inside, two robed bedrooms with carpet flooring make up the sleeping quarters, while a bright central bathroom provides a touch of contemporary luxury and convenience.

Furthermore, this fabulous first home, downsizing option or investment also features a European-style laundry, evaporative cooling, Nobo wall heating panels and a single carport.

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Property History for 2/4 Nicholson Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$537,000
12 Dec 2020
  • 12 Dec 2020
    Sold for $537,000
  • 22 Oct 2020
    Listed for Sale $500,000 - $550,000

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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 28,178 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 185 properties listed for sale, and 56 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1045 properties were sold in the past 12 months in Reservoir.

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