2/7 Lane Cres, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 650m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in November 2024. There are other 1 bedroom Unit sold in Reservoir in the last 12 months.
Sleek Stylish Starter!This immaculate single-bedroom home presents an exceptional opportunity for buyers seeking a low-maintenance lifestyle, making it perfect for downsizers, investors, or first-time homeowners. The property features a sleek and modern design, showcasing high-quality finishes throughout. Inside, you'll find a spacious study that can easily serve as a second bedroom, a large bathroom, and a stylish kitchen equipped with Blanco appliances. This kitchen is seamlessly integrated into the open-plan living area, creating a bright and inviting space for relaxation and entertaining.Step outside to discover a private courtyard that enhances the appeal of the home, offering a tranquil retreat for outdoor living, the outdoor deck offers an additional space to unwind and enjoy the surroundings, further enhancing this impressive package. Additional features include split system climate control for year-round comfort, convenient laundry facilities, and dedicated car parking on title. Polished timber floors add a touch of elegance, while a storage shed provides extra space for your belongings.This home ensures a sense of privacy and independence. Its ideal northerly aspect floods the interior with natural light, creating a warm and welcoming atmosphere. Located just a short walk from Reservoir shops, parks, public transport, and a leisure center, this property combines convenience and comfort, making it an outstanding choice for anyone looking to enjoy an easy-care lifestyle.
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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