4/20-22 Rathcown RoadReservoir VIC 3073
Property Details for 4/20-22 Rathcown Rd, Reservoir
4/20-22 Rathcown Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1975. The property has a land size of 205m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.
Last Listing description (August 2024)
Nestled at the rear of a well-maintained complex, this delightful villa unit presents an affordable entry point for first buyers or savvy investors, and a rewarding opportunity for downsizers valuing single level simplicity and low maintenance living with easy connection to local amenity and acres of lush parklands.
Recently updated interiors reveal two generous bedrooms with built in robes, serviced by a bright modern bathroom with separate bath. A sun-soaked living and dining domain with warm timber flooring and split system heating/cooling adjoins the well-equipped kitchen with premium appliances and generous cabinetry. Outside, a huge, paved courtyard with desirable north facing orientation offers inviting indoor/outdoor living and enticing entertaining options on both a large and intimate scale. Add to this, a single lock up garage, full sized internal laundry, shed storage and solid brick construction for year-round comfort.
Reconnect with nature at nearby Darebin Creek with its expansive walking and cycling trails, plus Bundoora Park, Broadway shopping, city-bound transport, schools, and La Trobe University all just moments away. There's so much to love!
Property History for 4/20-22 Rathcown Rd, Reservoir, VIC 3073
- 31 Aug 2024Sold for $627,000
- 14 Aug 2024Listed for Sale Auction $495,000 - $540,000
- 24 Sep 2016Sold for $346,000
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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.
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