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Sold on 14 Sep 2024 for $890,000

42 Yarra Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 115m2
Land area: 640m2
Sold By
Nelson Alexander Reservoir
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Property Details for 42 Yarra Ave, Reservoir

42 Yarra Ave, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 640m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 2 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Floor Size
115m2
Land Size
640m2
Local Government
Darebin
Lot/Plan
22/LP58897

Last Listing description (September 2024)

Beautifully refreshed and brimming with natural light, this charming abode on a generous garden block is a serene slice of heaven! Perfect for an idyllic first home, delightful downsizer or appealing investment in a prized family pocket, the options are endless for this tranquil gem near Reservoirs central amenities.Leafy garden frontage welcomes you through to the lovely verandah deck, while polished timber flooring makes a stunning impression from the minute you step inside. Relax in the warmth of the sun-soaked lounge with fireplace and split system, flowing seamlessly through an open plan dining zone to the stylish well-kept kitchen. Two spacious bedrooms offer ample comfort, each serviced by the full central bathroom with bath, shower and separate toilet.A huge paved patio extends out from the rear of the home, complete with a alfresco dining area and plenty of space to entertain! The lush rear garden adds a private leafy sanctuary to enjoy nature, tend to the plant life or safely play with the kids. Parking is provided in the lengthy driveway to the side of the home, leading down to a lock-up garage/workshop at the rear.Walk to Reservoir East Primary, Reservoir Leisure Centre and fantastic shops, cafs and restaurants along The Broadway in Reservoir Village. Summerhill Shopping Centre offers further shops and supermarkets, while Plenty Road trams and Reservoir Station connect to La Trobe University, RMIT Bundoora, Preston Market and all the excitement of High Street on your way to the city. Also within minutes are Northland Shopping Centre, the Darebin Creek Trail, popular Primary/Secondary schooling and easy Western Ring Road entry.

Property History for 42 Yarra Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$890,000
14 Sep 2024
  • 14 Sep 2024
    Sold for $890,000
  • 21 Aug 2024
    Listed for Sale Auction $750,000 - $795,000
  • 28 Jul 2001
    Sold for $188,000

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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 28,203 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 181 properties listed for sale, and 60 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1025 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.