3/24 Banff StreetReservoir VIC 3073
Property Details for 3/24 Banff St, Reservoir
3/24 Banff St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 178m2 and floor size of 82m2. While the property is not currently for sale or for rent, it was last sold in June 2023.
Last Listing description (July 2023)
Tucked away at the rear of only three, rendered for easy care and complementing generous internal dimensions with a wrap-around rear yard introducing lawn and a paved alfresco space bordered by privacy plantings, this single-level home presents a perfect opportunity for first home buyers, resizers, and astute investors.
A short walk to parklands, a choice of bus routes, the primary school and Gertz Avenue Village, the heart of Reservoir is minutes away in one direction, and the Ring Road is just as close in the other!
Timber floors enhance an interior, offering a lounge dining overlooked by a kitchen finished with plenty of storage and preparation options and two robed bedrooms sharing a family bathroom. Ready to move in and enjoy it offers scope to add value as time and budget allow.
* Split system climate control unit
* Garage
* Laundry with storage
* Timber floors
* Minutes from the heart of Reservoir, with its shopping, dining, and cafe options
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
Property History for 3/24 Banff St, Reservoir, VIC 3073
- 09 Jun 2023Sold for $510,000
- 15 May 2023Listed for Sale UNDER CONTRACT
- 24 Mar 2022Listed for Rent $335 / 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.
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