3/27 Lane CrescentReservoir VIC 3073
Property Details for 3/27 Lane Cres, Reservoir
3/27 Lane Cres, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in November 2023. There are other 1 bedroom Unit sold in Reservoir in the last 12 months.
Last Listing description (November 2023)
**SOLD BY ROSS KONTOSSIS 0413 224 811**
Located within a short walk to Broadway shopping centre, Reservoir leisure centre and 13km to the Melbourne CBD, this Large 1 Bedroom Unit will appeal to first home buyers, investors & downsizers. Nestled privately in a boutique block it offers a peaceful ambience with an excellent north facing yard ideal for entertaining. The internal features of the home consist of a spacious lounge and meals area adjacent to a fully equipped kitchen with Stainless Steel Gas Appliances and plenty of cupboard space.
The Master Bedroom offers a huge floorplan with built-in robe, and overlooks the rear yard. Drenched in plenty of natural light throughout the home, the central bathroom with Euro style laundry combines plenty of space within.
Further Features include Latrobe University close by, Reservoir District College & Reservoir East Primary School close-by, Split System Heating/Cooling, sunblinds & rainwater tank.
Inspections are a must.
Property History for 3/27 Lane Cres, Reservoir, VIC 3073
- 03 Nov 2023Sold for $407,000
- 05 Oct 2023Listed for Sale Private Sale $410,000
- 10 Nov 2022Listed for Rent $310 / week
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0About 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 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.
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