4/83 Spring St, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in February 2024. There are other 2 bedroom Townhouse sold in Reservoir in the last 12 months.
This double storey, light and bright traditional living townhouse offers modern and comfortable living and in a secure, small complex. Located on the border of Regent and only a 1.1km (approx.) walk to Preston Market and Regent Train Station as well as Bus Services with easy access into the CBD. Suitable for first home buyers, investors, or downsizers; this an opportunity not worth missing.
Downstairs accommodating a spacious light filled lounge area, modern kitchen with dishwasher and gas cooktop, plenty of cupboard space and large island bench top as well as an open plan dining area, separate full-sized laundry, and powder room. Upstairs further equipped with two spacious bedrooms (each with built in robes), study nook and stylish bathroom with shower.
The property further offers reverse cycle air conditioning downstairs and, in both bedrooms, roller shutters on every window for extra security, undercover remote-controlled private carport, and a grassed and decked backyard perfect for those who love to entertain.
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:
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