5/1 Griffiths StreetReservoir VIC 3073
Property Details for 5/1 Griffiths St, Reservoir
5/1 Griffiths St, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in October 2021.
Last Listing description (December 2021)
With streetscape sure to impress and overlooking Edwards Lake Park this stunning boutique apartment is situated in the heart of Reservoir with an enviable location to match.
Light filled and open plan in design, the contemporary kitchen consists of a gas stove top, dishwasher, quality stainless steel appliances and ample cupboard space. The large bedroom boasting in space equipped with a built in robe adjoining the large en-suite.
The family/meals area ensures enough space for family and friends to easily spread out and enjoy which leads out to the open balcony perfect for a low maintenance relaxing lifestyle making it ideal for a first home buyer or an astute investor. Other features that compliment this home are heating and cooling, European Laundry, secured car space on title and a storage unit.
Enjoy the outdoors strolling around beautiful parklands, local cafes, reputable schools and shops. Don't miss out on this amazing opportunity - inspections will not disappoint!
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Material Facts - please refer to the contract of sale and vendor statement for any/all material facts.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information.
Property History for 5/1 Griffiths St, Reservoir, VIC 3073
- 12 Oct 2021Sold for $430,000
- 04 Oct 2021Listed for Sale $415,000 - $440,000
- 15 Apr 2021Listed for Sale $415,000
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0About 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 28,592 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:
- 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.
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