SOLD
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Sold on 27 Apr 2024 for $782,800

220 Albert Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 703m2
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Property Details for 220 Albert St, Reservoir

220 Albert St, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 703m2. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Land Size
703m2
Local Government
Darebin
Lot/Plan
1/TP141865

Last Listing description (April 2024)

Sitting proudly on Albert Street this original home is well maintained and beautifully presented offering a rare opportunity for investors, developers and first home buyers a remarkable to capture a jewel in the market.

Regardless of whether you are looking to develop (STCA), renovate or appreciate the original fixtures and fittings, the choice is yours.

Set on a generous sized block, this home offers you two bedrooms, central bathroom, kitchen with meals area, separate lounge and large backyard.

Perfect to rent out whilst exploring your development options (STCA) or else a beautiful start to your real estate journey.

Whatever you choose, you won't be disappointed.

Enquire today.

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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.

Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Property History for 220 Albert St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$782,800
27 Apr 2024
Listed for Rent
$580/w
05 Aug 2024
  • 29 Jul 2024
    Listed for Rent $580 / week
  • 27 Apr 2024
    Sold for $782,800
  • 13 Mar 2024
    Listed for Sale Not Disclosed

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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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:

  • The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 196 properties listed for sale, and 63 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1045 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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George Ioannou
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Christina Ioannou
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Harcourts Rata & Co
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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.