OFF MARKET

3/5 Wright Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 94m2
Land area: 160m2
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Last updated 28 Oct 2024
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Property Details for 3/5 Wright St, Reservoir

3/5 Wright St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 160m2 and floor size of 94m2. While the property is not currently for sale or for rent, it was last sold in March 2020.

Building Type
Unit
Year Built
2012
Floor Size
94m2
Land Size
160m2
Local Government
Darebin
Lot/Plan
3/PS705804

Last Listing description (December 2023)

This modern and well-maintained villa unit is in a block of only three and is situated within close proximity to public transport, Reservoir shopping, schools and opposite parklands.

Featuring;
- Split system cooling/heating throughout

- Polished timber flooring
- 2 spacious bedrooms with BIR's
- Open plan kitchen with breakfast bench
- Ample cupboard space
- Meals area and a great sized living area with plenty of natural light
- Modern bathroom with double shower and toilet
- Separate European laundry
- Large rear yard with undercover area ideal for entertaining and synthetic grass area which provides low maintenance and style
- One car lock up open garage

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Property History for 3/5 Wright St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$595,000
14 Mar 2020
Listed for Rent
$450/w
21 Nov 2023
  • 08 Nov 2023
    Listed for Rent $450 / week
  • 29 Dec 2022
    Listed for Rent $450 / week
  • 08 Apr 2021
    Listed for Rent $400 / 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 28,217 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 172 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1020 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.