OFF MARKET

2/41 Mcmahon Road
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 44m2
Land area: 87m2
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Property Details for 2/41 Mcmahon Rd, Reservoir

2/41 Mcmahon Rd, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 87m2 and floor size of 44m2. While the property is not currently for sale or for rent, it was last sold in February 2020.

Building Type
Unit
Year Built
2015
Floor Size
44m2
Land Size
87m2
Local Government
Darebin
Lot/Plan
2/PS643436

Last Listing description (February 2020)

Dressed to impress with strong contemporary appeal in a premier lifestyle location delivering convenience at every turn, experience the true joy of lock-and-leave Reservoir living with this architecturally-designed one-bedroom unit.Indoor-outdoor living is a design feature celebrated by the chic open-plan living domain, which extends onto a private courtyard shaded with mature trees, while a sleek open kitchen with stainless steel appliances, stone benchtops and an easy-to-clean splashback enhances your cooking experience. The amount of cooking you do, however, is debatable given the outstanding access to some of Melbourne's foodie hotspots along the famed High Street strip and nearby Preston Market.Built-in robes offer generous storage options inside the comfortable bedroom, while polished hardwood timber floors combine with the striking high ceilings and natural light to create a vibrant yet relaxing interior.Those commuting daily into the CBD will love the convenient access to Reservoir train station, while the close proximity of the Darebin Creek Trail encourages a fit and active lifestyle.Close to Broadway shops and cafes, bus and tram services, La Trobe University and Northland Shopping Centre, don't miss it!

Property History for 2/41 Mcmahon Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$391,500
22 Feb 2020
Listed for Rent
$305/w
15 May 2018
  • 22 Feb 2020
    Sold for $391,500
  • 28 Jan 2020
    Listed for Sale $300,000 - $330,000
  • 08 May 2018
    Listed for Rent - Price not available
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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 28,592 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.
There are currently 203 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1046 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.