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Sold on 12 Oct 2024 - Price Unavailable

4B Mcfadzean Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Land area: 137m2
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Nelson Alexander Reservoir
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Property Details for 4b Mcfadzean Ave, Reservoir

4b Mcfadzean Ave, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2014. The property has a land size of 137m2. While the property is not currently for sale or for rent, it was last sold in October 2024. There are other 2 bedroom Townhouse sold in Reservoir in the last 12 months.

Building Type
Townhouse
Year Built
2014
Land Size
137m2
Local Government
Darebin
Lot/Plan
2/PS714523

Last Listing description (October 2024)

Accessed via a manicured, easy-care garden set behind a picket fence, this town residence, within easy reach of almost every Reservoir amenity, is either the perfect option for young and growing families launching themselves onto the property ladder or an excellent investment.

The polished herringbone patterned parquetry timber floors lend a sophisticated yet durable charm to an expansive ground floor, which comprises a spacious lounge flowing through to the kitchen-meals.

Finished with stone bench tops over soft-close cabinetry, including a versatile island ideal for meals, conversation, and preparation, it's perfect for everyday meals or culinary adventures.

Sliding glass doors introduce a spacious courtyard complete with pre-formed concrete seating and benches ready for your BBQ. The first floor includes two spacious bedrooms, both featuring built-in robes and sharing a spotless contemporary bathroom.

Multiple split system units, a concealed laundry, guest powder room, NBN connection and a remote garage with internal access and an epoxy floor lead the list of desired extras.

Footsteps to the bus and local shops and cafe, it is a short stroll from the scenic walking trails around Edwardes Lake and within easy reach of Reservoir's bustling cafe culture, dining and shopping options and the station.

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Property History for 4b Mcfadzean Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
12 Oct 2024
Listed for Rent
$360/w
25 Feb 2014
  • 12 Oct 2024
    Sold
  • 19 Sep 2024
    Listed for Sale Auction $680,000 - $720,000
  • 27 Dec 2019
    Sold for $640,000
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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 28,217 properties. Over the last 5 years, Houses in Reservoir have seen a 22.36% increase in median value, while Units have seen a 19.72% increase. As at 30 September 2024:

  • The median value for Houses in Reservoir is $917,681 while the median value for Units is $600,755.
  • Houses have a median rent of $530 while Units have a median rent of $490.
There are currently 174 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1027 properties were sold in the past 12 months in Reservoir.

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