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Sold on 12 Oct 2024 for $453,600

4/14 Drysdale Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 69m2
Land area: 120m2
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Property Details for 4/14 Drysdale St, Reservoir

4/14 Drysdale St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 120m2 and floor size of 69m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Year Built
1970
Floor Size
69m2
Land Size
120m2
Local Government
Darebin
Lot/Plan
4/PS442983

Last Listing description (October 2024)

This stylish two-bedroom unit offers an urban oasis right on the edge of the vibrant Preston neighbourhood, providing a perfect blend of location, lifestyle, and affordability. Situated just moments from the 86 tram line, you'll enjoy easy access to a thriving cultural scene, with cafes, shops, and music venues all within reach.

The property's ample outdoor space makes it ideal for those seeking a sustainable lifestyle, offering the potential for a vegetable garden or even a chicken coop. Immerse yourself in the lively Darebin community, where creativity, sustainability, and connection with like-minded individuals take centre stage.

Inside, the unit offers modern comfort, with light-filled living spaces, generous bedrooms, fresh finishes, and the added convenience of a dedicated parking spot right at your doorstep. Whether you're working from home or looking for a family-friendly environment, this property caters to your needs, with nearby playgrounds, parks, and day care centres, as well as quick access to the CBD and the vibrant inner north.

Offering excellent investment potential without the hefty price tag of established inner-city suburbs, this is a prime opportunity to secure your place in Reservoir, one of Melbourne's most exciting up-and-coming areas. Don't miss your chance to be part of the next big thing in the inner north.

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Property History for 4/14 Drysdale St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$453,600
12 Oct 2024
Listed for Rent
$430/w
22 Nov 2023
  • 12 Oct 2024
    Sold for $453,600
  • 16 Sep 2024
    Listed for Sale $400,000 - $440,000
  • 08 Nov 2023
    Listed for Rent $430 / 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 28,178 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 185 properties listed for sale, and 56 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1045 properties were sold in the past 12 months in Reservoir.

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