SOLD
Sold on 01 Aug 2024 for $600,000

2/5 Wright Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 106m2
Sold By
Nelson Alexander Reservoir
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Property Details for 2/5 Wright St, Reservoir

2/5 Wright St, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2012. The property has a land size of 106m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Townhouse sold in Reservoir in the last 12 months.

Building Type
Townhouse
Year Built
2012
Floor Size
94m2
Land Size
106m2
Local Government
Darebin
Lot/Plan
2/PS705804

Last Listing description (August 2024)

Discover your dream home in this low maintenance two-bedroom townhouse, perfectly positioned in a small boutique block directly across from beautiful parklands. Step inside to an inviting open plan concept, featuring a modern kitchen with tiled splashback and adjoining meals area. The living area seamlessly extends onto a landscaped rear courtyard creating an idyllic environment for relaxing or entertaining. A separate powder room downstairs adds to the practicality of the layout, along with a Euro-style laundry.

Upstairs, you'll find two generously sized bedrooms, each featuring mirrored built-in robes that add a touch of elegance and provide plenty of storage space complemented by a stylish central bathroom. A study nook provides the perfect space for working from home or quiet study sessions. Other highlights include split system a/c & a secure carport with roller door.

Located in a prime area, you are just minutes away from Reservoir Station and the vibrant Edwardes Street shops. Enjoy easy access to Preston Market and an array of local schools, making it an ideal location for convenience and lifestyle. This townhouse is the perfect blend of modern living and convenience, making it an ideal choice without compromising on quality or location.

Property History for 2/5 Wright St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$600,000
01 Aug 2024
Listed for Rent
$450/w
26 Jun 2023
  • 01 Aug 2024
    Sold for $600,000
  • 10 Jul 2024
    Listed for Sale Auction $580,000 - $620,000
  • 26 Jun 2023
    Listed for Rent $450 / 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 28,592 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, 1043 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.