OFF MARKET

4/78 Royal Parade
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 80m2
Land area: 131m2
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Last updated 11 Nov 2024
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Property Details for 4/78 Royal Pde, Reservoir

4/78 Royal Pde, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 131m2 and floor size of 80m2. While the property is not currently for sale or for rent, it was last sold in July 2015.

Building Type
Unit
Year Built
2016
Floor Size
80m2
Land Size
131m2
Local Government
Darebin
Lot/Plan
4/PS726838

Last Listing description (May 2024)

Situated in a handy location walking distance to Broadway shops, Reservoir station, Bus Services, Parks and schools is a modern unit that offers a quality finish and easy living.
Filled with natural light the property showcases polished timber floors, ducted heating, split system cooling, window furnishings open plan lounge and dining, galley style kitchen with stone bench tops, glass splash back and Westinghouse appliances including dishwasher. Offering two generous size bedrooms with carpet and BIR's. European style laundry, central bathroom with shower and toilet. Low maintenance courtyard with storage shed and water tank. Off street under cover parking available via drive way to secure carport.

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Property History for 4/78 Royal Pde, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$386,500
20 Jul 2015
Listed for Rent
$480/w
21 May 2024
  • 21 May 2024
    Listed for Rent $480 / week
  • 20 Apr 2022
    Listed for Rent $350 / week
  • 22 Oct 2018
    Listed for Rent $340 / 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 28,582 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 197 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1040 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.