4/16 Bernard StreetReservoir VIC 3073
Property Details for 4/16 Bernard St, Reservoir
4/16 Bernard St, Reservoir is a 2 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 106m2 and floor size of 87m2. While the property is not currently for sale or for rent, it was last sold in May 2021.
Last Listing description (May 2021)
**ONLY 1 AVAILABLE**
Ray White Projects proudly presents a boutique collection of architect designed 2 bedroom townhouses catering for the discerning modern buyer, located right in the CBD of Reservoir. Construction starting now with no pre-sales required giving buyers the confidence knowing they'll be in their brand-new property very soon.
This development invites you to high quality contemporary living, featuring exceptionally spacious interiors, large north-facing balconies and living areas, and privately zoned bedrooms, resulting in a perfectly harmonious amalgamation of practicality and extravagance. Immersed in premium finishes where oak timber flooring intermingles with divine elements of stone and high quality floor to ceiling tiled bathrooms, and enhanced with lavish designer appliances including gas cooktop, electric oven, built-in rangehood and dishwasher.
Perfectly located only metres from the vibrant Broadway shopping strip and the newly renovated Reservoir Train Station and Edwardes St link, this is the opportunity to purchase right in the heart of Reservoir, or for the astute investor knowing in this location your investment will rarely see a day without a rental return.
Property History for 4/16 Bernard St, Reservoir, VIC 3073
- 03 May 2021Sold for $616,000
- 04 Feb 2020Listed for Sale Sale
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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 28,592 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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