SOLD
Sold on 21 Feb 2024 for $890,000

20 Locher Avenue
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 120m2
Land area: 706m2
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Nelson Alexander Reservoir
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Property Details for 20 Locher Ave, Reservoir

20 Locher Ave, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 706m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Floor Size
120m2
Land Size
706m2
Local Government
Darebin
Lot/Plan
71/LP42287

Last Listing description (April 2024)

Family elegance on a wonderfully wide block

With its top-quality enhancements, impeccable presentation and expansive outdoors to enjoy, this mid-century home presents an outstanding family lifestyle opportunity in a wonderfully quiet and convenient Reservoir neighbourhood.

Ready to simply move in and start living, the home's refined interior comprises three bedrooms (large master) all with full-height robes, as well as a luxurious fully tiled bathroom with rain-head shower and additional powder room. Flanked by wall-to-wall front windows for an abundance of natural light, the spacious and versatile open living/dining area is further enhanced by a stone-top kitchen complete with moveable island bench, 900mm cooking appliances and Bosch dishwasher. Other fine features of the home include ducted heating and split-system a/c, gas-log fireplace (living area), ceiling fans to all bedrooms, original steel-frame windows and stylish plantation shutters. Step outside to discover an alfresco-style entertaining area looking out to the wide backyard with immaculate lawn and external (third) WC, plus a double carport and additional garage/storage shed.

Walking distance to Cheddar Road buses, Keon Park Children's Hub and acres of parkland, it also offers easy access to local schools, Ruthven Station and Broadway's vibrant shopping precinct.

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Property History for 20 Locher Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$890,000
21 Feb 2024
  • 21 Feb 2024
    Sold for $890,000
  • 01 Nov 2023
    Listed for Sale Under Offer
  • 16 Jun 2017
    Sold for $790,000
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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 28,594 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.
There are currently 197 properties listed for sale, and 73 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1048 properties were sold in the past 12 months in Reservoir.

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