SOLD
RECENT ADVICE
Sold on 16 Mar 2024 for $325,000

4/261-263 Broadway
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: -
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Property Details for 4/261-263 Broadway, Reservoir

4/261-263 Broadway, Reservoir is a 1 bedroom, 1 bathroom Apartment. While the property is not currently for sale or for rent, it was last sold in March 2024. There are other 1 bedroom Apartment sold in Reservoir in the last 12 months.

Building Type
Apartment
Local Government
Darebin
Lot/Plan
10/PS522510

Last Listing description (March 2024)

Enjoying a great location and a position delivering easy access to Broadway shopping and cafes, Reservoir Station, schools and parks, this home is the perfect vehicle to embark on your Real Estate journey! With open plan living wrapping around a kitchen fitted with stainless steel appliances this home suits first home buyers and investors alike.

* Split system
* Engineered timber floors

* Large bathroom
* Secure Entrance

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 4/261-263 Broadway, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$325,000
16 Mar 2024
Listed for Rent
$310/w
06 Mar 2019
  • 18 Mar 2024
    Sold for $325,000
  • 05 Mar 2024
    Listed for Sale SOLD - $325,000
  • 25 Feb 2019
    Listed for Rent $290 / 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 28,592 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.
There are currently 199 properties listed for sale, and 71 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1034 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Contact agent
Kannan Subramanian
Show contact details
Love Real Estate - Reservoir
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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.