OFF MARKET

5/11 George Street
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 50m2
Land area: 37m2
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Property Details for 5/11 George St, Reservoir

5/11 George St, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1960. The property has a land size of 37m2 and floor size of 50m2. While the property is not currently for sale or for rent, it was last sold in March 2022.

Building Type
Unit
Year Built
1960
Floor Size
50m2
Land Size
37m2
Local Government
Darebin
Lot/Plan
5/RP14996

Last Listing description (May 2022)

* Sale By Set Negotiation - Offers close Tuesday 5th April at 6:00pm *

Located for lifestyle a short walk to Edwardes lake park, local shops, cafes, takeaways and bakery and just as close to Reservoir Station and the bustling hub of central Reservoir, this one-bedroom home unlocks a fabulous opportunity for first home buyers and investors alike. The ground floor introduces light and airy open-plan spaces. Enjoying a relaxing garden outlook and anchored by a neat kitchen, it opens to a peaceful and private rear courtyard with plenty of spaces for alfresco cooking, dining, and lounging! Timber floors are a highlight to the first-floor bedroom. Large enough to include a study nook, it enjoys the easy-living convenience of a sleek, contemporary ensuite bathroom featuring floor to ceiling tiles and a luxurious double frameless shower!

* Parking on title/allocated parking/off-street parking

* Garden outlook from living meals
* Spacious, private alfresco area
* The convenience of laundry facilities
* Easy care tiled floor to ground floor
* Timber floors to the first-floor bedroom

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 5/11 George St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$390,000
22 Mar 2022
Listed for Rent
$290/w
09 Feb 2021
  • 22 Mar 2022
    Sold for $390,000
  • 07 Mar 2022
    Listed for Sale Under Contract
  • 15 Jan 2021
    Listed for Rent $305 / week
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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 28,581 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 197 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1040 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.