OFF MARKET

2/57 Yarra Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 107m2
Land area: 119m2
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Property Details for 2/57 Yarra Ave, Reservoir

2/57 Yarra Ave, Reservoir is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2019. The property has a land size of 119m2 and floor size of 107m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
Unit
Year Built
2019
Floor Size
107m2
Land Size
119m2
Local Government
Darebin
Lot/Plan
2/PS822996

Last Listing description (July 2021)

Situated in a boutique block of only three units, this townhouse offers superior space, design and natural light. Ideal for the first home buyer looking to break into the market or the astute investor wanting to plan for future growth.

The spacious ground floor showcases a design that is made for modern living. An exceptional kitchen showcasing stainless steel appliances, gas cooktop, excellent bench space and storage. Perfect for any aspiring master chef or for those who enjoy entertaining. Solid timber floors flow through the open plan living and dining area and with a built in entertainment unit it's clear to see this home was designed for comfort and ease of living. The courtyard is where this property separates itself from the rest. Incredibly functional with ample room to have family and friends over for a BBQ, A veggie garden and access to the garage only add to the appeal.

Boasting two generously sized bedrooms both with built in robes and plush carpet underfoot, the master bedroom enjoys a private ensuite. A central bathroom featuring separate shower and bathtub service the rest of the home and having a powder room on each level only add to the versatility. Additional features include split system air conditioning, full laundry, secure garage and double glazing.

Enjoy superb access to all the local shopping districts such as Summer Hill Shopping Centre, Broadway and High Street where you will find a plethora of cafes, restaurants and specialty shops. Well connected by public transport either via Reservoir Station, Tram route 86 or bus routes 556 and 566 just to list a few, all within a short walk. Great educational opportunities are also nearby such as Reservoir High School, Reservoir East Primary and La Trobe University.

Property History for 2/57 Yarra Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$686,000
15 May 2021
  • 15 May 2021
    Sold for $686,000
  • 15 Apr 2021
    Listed for Sale Auction
  • 08 May 2019
    Sold for $597,000

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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 28,268 properties. Over the last 5 years, Houses in Reservoir have seen a 23.70% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:

  • The median value for Houses in Reservoir is $922,735 while the median value for Units is $602,707.
  • Houses have a median rent of $510 while Units have a median rent of $480.
There are currently 194 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1035 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.