3/78 Orrong AvenueReservoir VIC 3073
Property Details for 3/78 Orrong Ave, Reservoir
3/78 Orrong Ave, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom Townhouse sold in Reservoir in the last 12 months.
Last Listing description (December 2023)
Embrace a car-free lifestyle and save on your fuel bill with this superbly located - and incredibly spacious - three-bedroom, two-bathroom townhouse.
Located in the vibrant heart of Reservoir, nothing is beyond reach from this stylishly presented residence, which offers a fantastic opportunity for a host of buyers. The amazing low-maintenance lifestyle within an easy stroll of Edwardes Street and Broadway shops and cafes, Reservoir train station, bus transport, TW Andrews Reserve and Reservoir Leisure Centre is sure to please investors and downsizers alike. Packaged with outstanding access to excellent schools, Edwardes Lake Park, Plenty Road trams, La Trobe University and Summerhill and Northland shopping centres, young couples and professionals also have a convenient lifestyle that ticks all the boxes!
Inside, comfortable living arrives in the form of an elevated open-plan living domain, which is soaked in sunshine, dressed with polished timber flooring and intelligently designed to frame the soothing district views on offer. For a closer look, simply step out onto the full-length balcony while enjoying relaxed brunches or cocktails at sunsets.
Cook in style in the sleek open kitchen, while a ground-floor bedroom (with private balcony) coupled with a further two spacious bedrooms upstairs (one with access to an enclosed terrace) offer restful accommodation.
For those preferring to commute around town by car can store their vehicles safely in the two secure car spaces; a European laundry, abundant storage and split-system heating/cooling are further highlights of this immediately enjoyable abode.
Property History for 3/78 Orrong Ave, Reservoir, VIC 3073
- 21 Nov 2023Sold for $580,000
- 29 Aug 2023Listed for Sale SALE
- 25 Oct 2017Sold for $612,000
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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 28,263 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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