3/85 Pine StreetReservoir VIC 3073
Property Details for 3/85 Pine St, Reservoir
3/85 Pine St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1990. The property has a land size of 166m2 and floor size of 86m2. While the property is not currently for sale or for rent, it was last sold in July 2022.
Last Listing description (August 2022)
Clean, neat, well-sized and well-maintained, this single-level two-bedroom unit offers excellent value and a real opportunity in a prized heart-of-Reservoir location.
Ideal for first-time buyers looking to get their foot on the property ladder or downsizers wishing to enjoy their golden years with a superior level of everyday convenience, it's also a smart move for the savvy investor, who has a fantastic chance to secure a proven earner within easy walking distance of Edwardes Street shops and cafes, bus services, Reservoir train station, medical centres, St Gabriel's Primary School and Edwardes Lake Park.
While a lifestyle of convenience is guaranteed outside, a low-maintenance layout makes life easy inside. Enjoy the benefits of a spacious living area on entry, dressed with contemporary flooring and flowing effortlessly through to the sun-soaked open-plan meals/kitchen area enjoying direct access to the private easy-care courtyard.
Both bedrooms are fitted with built-in robes for added convenience and serviced by a large family bathroom, while a full-sized laundry, single garage, split-system heating and cooling, ducted heating, modern kitchen with gas cooking and plenty of storage throughout are further highlights.
Property History for 3/85 Pine St, Reservoir, VIC 3073
- 30 Jul 2022Sold for $676,500
- 07 Jun 2022Listed for Sale Asking $699,000
- 18 Feb 2021Listed for Rent - Price not available
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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 28,592 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.
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