SOLD
Sold on 29 May 2024 for $370,000

3/25-27 Elsey Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 61m2
Land area: 75m2
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Property Details for 3/25-27 Elsey Rd, Reservoir

Building Type
Land
Year Built
1960
Floor Size
61m2
Land Size
75m2
Local Government
Darebin
Lot/Plan
3/SP25220

Last Listing description (August 2024)

Step into the realm of possibility with this delightful two-bedroom unit, a treasure trove of potential awaiting your creative genius. From the moment you step through the door, you'll be greeted by the blank canvas of your dreams, ready and waiting for your inspired touch.

Let your imagination run wild as you envision the endless possibilities for transformation. With every wall, every corner, and every room waiting to be infused with your unique style, this is where your vision comes to life.

Grab your paintbrush and slip on those overalls, because it's time to dive into the exhilarating world of renovation. As you roll up your sleeves and set to work, you'll feel the thrill of possibility coursing through your veins.

Picture yourself crafting the perfect living space, tailored to your every desire. From the cozy warmth of the formal lounge to the heart of the home in the original-condition kitchen, every inch of this unit is yours to mold and shape.

And the location? It's simply unbeatable. Nestled within walking distance of parks and not just one, but two train stations, convenience is at your fingertips. Whether you're commuting to work or simply exploring the neighbourhood, everything you need is right outside your door.

So, what are you waiting for? Seize this opportunity to turn your renovation dreams into reality. With a little imagination and a lot of passion, the effort you invest will undoubtedly be worth it. Don't just buy a home-create it.

Property History for 3/25-27 Elsey Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$370,000
29 May 2024
  • 29 May 2024
    Sold for $370,000
  • 13 May 2024
    Listed for Sale Not Disclosed
  • 14 Feb 2006
    Sold for $186,000
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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 28,217 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 174 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1027 properties were sold in the past 12 months in Reservoir.

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Stockdale & Leggo Reservoir
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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.