OFF MARKET

3/32 Orrong Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 97m2
Land area: 95m2
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Last updated 11 Nov 2024
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Property Details for 3/32 Orrong Ave, Reservoir

3/32 Orrong Ave, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 95m2 and floor size of 97m2. While the property is not currently for sale or for rent, it was last sold in February 2023.

Building Type
Townhouse
Year Built
2015
Floor Size
97m2
Land Size
95m2
Local Government
Darebin
Lot/Plan
3/PS736752

Last Listing description (May 2023)

Contemporary in presentation, position-perfect in the heart of Reservoir and a great first home, downsizing option or investment, it's not so much a question of whether you should buy this smart two-bedroom townhouse, but if you can afford to let this fantastic find fall into someone else's hands.

Presented as new with sparkling polished timber floorboards, stunning high ceilings, quality finishes and loads of natural light throughout, those who opt to call this place home will also delight in the stylish character and low-maintenance aspect of this immediately enjoyable two-storey residence.

Two carpeted bedrooms with built-in robes, a spacious study nook and a modern bathroom benefit from their private position upstairs, leaving the large open-plan living domain to spread out across the entire ground floor.

Enjoy breakfast with the birds or intimate dinners at sunset in the private courtyard which flows off the open-plan living and dining space. Cook in style in the deluxe kitchen, which makes a statement of quality and functionality with stainless steel appliances, stone benchtops and good size pantry. The generous paved courtyard has been immaculately landscaped boasting lush greenery and a thriving vegetable garden.

Furthermore, this instantly appealing townhouse also features split-system heating/cooling on both levels, ducted heating, a carport, downstairs powder room, separate laundry and extra under stair storage for comfortable living.

This fabulous townhouse is accentuated by its superb lifestyle location, which is within walking distance of Broadway and Edwardes Street shops and cafes, bus services, Reservoir train station, Reservoir Leisure Centre and close to High Street bars and restaurants, schools, Preston Market, Edwardes Lake Park and La Trobe University.

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Property History for 3/32 Orrong Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$530,000
11 Feb 2023
  • 11 Feb 2023
    Sold for $530,000
  • 17 Jan 2023
    Listed for Sale Auction: $500,000 - $550,000
  • 28 Oct 2015
    Sold for $396,000

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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 28,582 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 201 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1039 properties were sold in the past 12 months in Reservoir.

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