41 Locher AvenueReservoir VIC 3073
Property Details for 41 Locher Ave, Reservoir
41 Locher Ave, Reservoir is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 586m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in July 2023.
Last Listing description (July 2023)
Procure an enviable slice of a Reservoir lifestyle with this richly rewarding classic brick home in one of the suburbs most central pockets, just minutes from schools, local parklands, trains and bus, eateries and multiple shopping hubs, it's a must see for those who are wanting to add contemporary flair to a solid home base. The endearing interior spaces of this warm and welcoming home includes an open plan meals and living zone alongside a designated kitchen area. The lovely kitchen showcases plentiful storage and quality appliances. The three spacious bedrooms share a family bathroom and family sized laundry. A decked pergola introduces you to a deep rear yard with plenty of room for an extension if desired (STCA) also boasting plenty of storage and a single garage. Added highlights also include split system heating cooling, polished hardwood flooring, contemporary window furnishings and plenty of off-street parking.
Property History for 41 Locher Ave, Reservoir, VIC 3073
- 15 Jul 2023Sold for $607,500
- 20 Jun 2023Listed for Sale AUCTION: $590,000 - $640,000
- 23 Feb 2019Transferred
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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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