2/8 Palm AvenueReservoir VIC 3073
Property Details for 2/8 Palm Ave, Reservoir
2/8 Palm Ave, Reservoir is a 2 bedroom, 2 bathroom Townhouse and was built in 2017. The property has a land size of 122m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in September 2017.
Last Listing description (September 2022)
The perfect blend of style, sophistication and location is what's on offer at Palm Avenue. Architect designed, easy flowing floor plan for today's busy lifestyle. Ground floor presents open plan living including modern kitchen, island bench, meals, lounge, powder room, and study area, upstairs captures the essence of renovation, with two generous master ensuites. Other features include heating, courtyard and garage. Blue ribbon location, within walking distance to Broadway, Edwardes Street and Reservoir train station.
Property History for 2/8 Palm Ave, Reservoir, VIC 3073
- 23 Jun 2022Listed for Sale SOLD
- 09 Sep 2017Sold for $636,000
- 15 Aug 2017Listed for Sale Contact Agent
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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 28,581 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.
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