3 Kerang AvenueReservoir VIC 3073
Property Details for 3 Kerang Ave, Reservoir
3 Kerang Ave, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 594m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (July 2024)
We have an exciting opportunity for builders to purchase this block of land, approximately 592 m² in size, ideal for constructing units, flats, or townhouses. It is conveniently located near a range of amenities, including public transportation, Broadway shops, cafes, restaurants, and Reservoir Train Station. Northland Shopping Centre, Reservoir East Primary School, Plenty Rd trams, La Trobe University, and Summerhill Shopping Centre are all within walking distance or close by.
Property History for 3 Kerang Ave, Reservoir, VIC 3073
- 24 Jun 2024Listed for Sale $800,000
- 20 Jun 2024Sold for $800,000
- 12 Aug 2020Sold for $630,000
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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 28,268 properties. Over the last 5 years, Houses in Reservoir have seen a 23.70% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:
- The median value for Houses in Reservoir is $922,735 while the median value for Units is $602,707.
- Houses have a median rent of $510 while Units have a median rent of $480.
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