SOLD
Sold on 21 May 2024 for $820,000

2A Locher Avenue
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Floor area: 110m2
Land area: 465m2
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Property Details for 2a Locher Ave, Reservoir

2a Locher Ave, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces and was built in 1975. The property has a land size of 465m2 and floor size of 110m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
110m2
Land Size
465m2
Local Government
Darebin
Lot/Plan
1/LP47429

Last Listing description (January 2019)

With proportions that are perfect both inside and out, this freestanding home is the ideal all-round package in a great central location. Superbly established, it makes the most of its size which introduces a fabulous front yard and a wonderful wrap around rear yard, safely fenced and gated for the kids and their pets.

Immediately settle into character-filled spaces including three double bedrooms served by the family bathroom, and large lounge dining swinging around to the original, but well laid out kitchen. Enjoy comfortable living before a value adding cotemporary update, or full renovation.

Featuring shutters for peace and privacy, gas heating, evaporative cooling, garage with fitted shelving complemented by a shed, separate workshop and gated access to rear yard it enjoys an easy to live with location, central to local schools, Dole Reserve, the Children's Hub, bike path and bus. The Ring Road, Ruthven station, Broadway and Edwardes Street shops, cafes and eateries are readily accessible.

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

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Property History for 2a Locher Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$820,000
21 May 2024
  • 21 May 2024
    Sold for $820,000
  • 11 Nov 2017
    Sold for $690,000
  • 17 Oct 2017
    Listed for Sale $600,000 - $660,000
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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 28,263 properties. Over the last 5 years, Houses in Reservoir have seen a 22.36% increase in median value, while Units have seen a 19.72% increase. As at 30 September 2024:

  • The median value for Houses in Reservoir is $917,681 while the median value for Units is $600,755.
  • Houses have a median rent of $530 while Units have a median rent of $490.
There are currently 192 properties listed for sale, and 68 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1042 properties were sold in the past 12 months in Reservoir.

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