2/98 Mcmahon RoadReservoir VIC 3073
Property Details for 2/98 Mcmahon Rd, Reservoir
2/98 Mcmahon Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1995. The property has a land size of 237m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (May 2021)
This single level home complements its indoor-outdoor spaces with a location that ensures prized proximity to Reservoir and Ruthven stations and Broadway, High, Spring and Edwardes Streets and all the dining, latte, shopping options and professional services they offer. Sold by Darren Jones Real Estate. The rear home of an appealing duo, a surprisingly generous allotment, introduces a garage with workshop space and extra parking to the front and large back yard that includes a sun-soaked decked alfresco and plenty of lawn. In between, youll discover a large lounge flowing into a family-meals overlooked by the solid timber kitchen and two bedrooms, including a main where the walk-through robe takes you directly to the family bathroom.
~ Gas heating. Ducted cooling
~ Easy flow floorplan from the front door to rear deck
~ Laundry with storage
~ Bus at either end of the street
~ Footsteps to St Stephens Primary
~ Scope for your own value-adding enhancements
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Property History for 2/98 Mcmahon Rd, Reservoir, VIC 3073
- 08 May 2021Sold for $720,000
- 08 Apr 2021Listed for Sale $530,000 - $580,000
- 30 Jun 2009Sold for $317,000
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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 28,592 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.
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