SOLD
Sold on 19 Dec 2023 for $2,175,000

3 Nicholson Avenue
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Land area: 741m2
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Property Details for 3 Nicholson Ave, Reservoir

3 Nicholson Ave, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 741m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Land Size
741m2
Local Government
Darebin
Lot/Plan
93/LP11063

Last Listing description (March 2019)

Only minutes from Plenty Road Tram, La Trobe University and local shopping. This home features 2 bedrooms, large backyard and double garage. With spacious living, formal dining room and a large undercover area, ideal for entertaining - this property represents great value in a convenient location
What you need to know
Accommodation:

- 2 generous bedrooms
- Large living area
- Kitchen and adjoining meals area
- Bathroom tub and separate shower recess
- Large backyard
Comforts:
- Gas cooktop and oven
- Separate toilet
- Full size laundry
- Bungalow at backyard
- Double Garage
Amenities:
- Only moments to parks
- Plenty Road Tram
- Summerhill and Northland Shopping Centres
- Broadway shops and cafes
- La Trobe University
* Rent payable per calendar month: $1,347

Property History for 3 Nicholson Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$2,175,000
19 Dec 2023
Listed for Rent
$310/w
03 Mar 2019
  • 19 Dec 2023
    Sold for $2,175,000
  • 27 Jan 2022
    Sold for $1,150,000
  • 19 Feb 2019
    Listed 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 28,264 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.
There are currently 196 properties listed for sale, and 63 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1045 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.