SOLD
Sold on 04 Jul 2024 for $1,005,000

28 Barwon Avenue
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 673m2
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Property Details for 28 Barwon Ave, Reservoir

28 Barwon Ave, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 673m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Land Size
673m2
Local Government
Darebin
Lot/Plan
79/LP11103

Last Listing description (July 2024)

Discover the Perfect Family Home with Impressive Allotment Size and Development Potential (STCA). Welcome to 28 Barwon Avenue, Reservoir, a charming family home nestled in one of Melbourne's most sought-after suburbs. This exceptional property offers a remarkable opportunity for homeowners and investors alike, featuring an expansive allotment size of approximately 673m. With 3 spacious bedrooms, 1 bathroom, and ample parking space for more than 2 cars, this residence is perfectly designed for comfortable family living.

Key Features include a generous allotment size, spacious bedrooms, modern living area, functional kitchen, and convenient parking.

Situated in the heart of Reservoir, 28 Barwon Avenue offers the best of suburban living with easy access to local amenities. Enjoy close proximity to schools such as La Trobe University and Reservoir High School, parks including Darebin Creek Reserve at your doorstep, shopping centres such as Northland, Preston Market and High Street Shopping and dining precinct, and Summerhill Shopping Centre. There are plenty of public transport options, ensuring all your needs are met with ease.

The expansive backyard provides a blank canvas for your outdoor dreams. Whether you envision a lush garden, a playground for children, or an alfresco dining area, the possibilities are endless. Additionally, with such a substantial allotment, there's exciting potential for development (STCA), making this an ideal investment opportunity. Dont miss this exceptional opportunity to secure a fantastic family home on a substantial block in a prime location!

Property History for 28 Barwon Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$1,005,000
04 Jul 2024
Listed for Rent
$430/w
08 May 2021
  • 04 Jul 2024
    Sold for $1,005,000
  • 05 Jun 2024
    Listed for Sale $1,050,000
  • 16 Apr 2021
    Listed for Rent $430 / week
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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.
There are currently 203 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1043 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.