2/54 Lane Cres, Reservoir is a 1 bedroom, 1 bathroom Unit and was built in 2011. The property has a land size of 131m2 and floor size of 58m2. While the property is not currently for sale or for rent, it was last sold in November 2021.
*** COVID-19 ***Please Note: Due to current Government restrictions, an inspection of this property is by Private Appointment only. We welcome you to contact us if you wish to inspect the property and we will be glad to make an appointment at a time that is convenient for you. We are also happy to offer a digital inspection via FaceTime or WhatsApp. Please feel free to contact us today to arrange an inspection!Located in the heart of Reservoir is this immaculately presented modern unit. Comprising of 1 good size bedroom with built in robe, separate study nook, open plan living with modern kitchen, stainless steel appliances, spacious lounge overlooking a secluded landscaped courtyard, central modern bathroom and separate laundry. Features include split system heating/cooling, polished floors, and single lock up garage. Just minutes away from public transport, shops, schools, and parklands, this little gem won't last long!
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:
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