OFF MARKET

5/13 Newton Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 107m2
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Property Details for 5/13 Newton St, Reservoir

Building Type
Commercial
Year Built
2022
Floor Size
90m2
Land Size
107m2
Local Government
Darebin
Lot/Plan
5/PS845147

Last Listing description (July 2024)

This intelligently designed two-bedroom brand new townhouse absolutely everything you want with low-maintenance living in mind. Quality built with a multitude of extras, this lovely home is a celebration of modern living with its strong contemporary appeal, beautiful presentation and use of high-quality finishes.
Open-plan living delights with its generous proportions, as does the sleek kitchen styled with benchtops, a large breakfast bar and floorboards, high ceilings, loads of light and a generous sense of space. Once up the rich timber staircase, it's all about retreating and relaxing. You'll be greeted by a cosy light-filled space - perfect for a reading nook, kids' play area or home office - plus a balcony, ensuring you can still soak up the fresh air and sunshine. The interior's integration with an easy-care courtyard makes indoor-outdoor entertaining possible, while square-set high ceilings, contemporary timber floorboards, loads of natural light, split-system heating/cooling and a single garage with access add further appeal.
Living on the coveted Reservoir-Preston border will also benefit your lifestyle thanks to the walking distance access to Northland Shopping Centre, bus transport, the Darebin Creek Trail and Preston North East Primary School and close proximity of Plenty Road trams, La Trobe University, Preston Market and popular eateries along the famed High Street strip.

Property History for 5/13 Newton St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$550,000
29 Jul 2023
  • 29 Jul 2023
    Sold for $550,000
  • 12 Feb 2023
    Listed for Sale Contact Agent
  • 18 Aug 2022
    Listed for Sale Not Disclosed

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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 28,268 properties. Over the last 5 years, Houses in Reservoir have seen a 23.70% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:

  • The median value for Houses in Reservoir is $922,735 while the median value for Units is $602,707.
  • Houses have a median rent of $510 while Units have a median rent of $480.
There are currently 194 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1035 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.