47 Lane Cres, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 636m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 3 bedroom House sold in Reservoir in the last 12 months.
SOLD BY ADRIAN ANTONELLO 0412 003 318
This original family home delivers endless opportunities for first home buyers, Investors and renovators while developers will love the outstanding potential on offer with its perfect rectangular allotment of 636 sqms (STCA).
The home offers a traditional floor plan of formal lounge, with split system, hardwood floors, 3 bedrooms, central bathroom, separate kitchen and meals area, side drive to garage and a deep rear yard.
The location is handy to all amenities including bus services, Reservoir leisure center, Parks, Latrobe University, Reservoir Station Broadway shops, schools and so much more.
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:
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