5/159 North RoadReservoir VIC 3073
Property Details for 5/159 North Rd, Reservoir
5/159 North Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 98m2 and floor size of 8m2. While the property is not currently for sale or for rent, it was last sold in August 2021.
Last Listing description (September 2021)
**Please be advised this auction will be held online. Please contact us to register to attend.**
Immaculate presentation, low in maintenance and a sought-after location on the fringe of the Oakhill Estate make this radiant single-level unit irresistible to first-time buyers, downsizers and investors.
Freshly painted and boasting its own street frontage and single car space, this immediately enjoyable unit introduces a light and bright open-plan living area, plenty of natural light throughout and a spacious kitchen with ample storage.
Two robed bedrooms are zoned for privacy and serviced by a modern bathroom, while a generous deck in the low-maintenance rear courtyard is perfect for entertaining in the sunshine.
Climate-controlled with a gas heater in the living area and an air-conditioning unit in the main bedroom, this single-level delight is located within walking distance of Broadway shops and cafs, Reservoir train station and parks and minutes from Plenty Road trams, schools, Northland and Summerhill shopping centres, the High Street dining precinct and La Trobe University.
Property History for 5/159 North Rd, Reservoir, VIC 3073
- 07 Aug 2021Sold for $486,000
- 06 Jul 2021Listed for Sale ONLINE AUCTION: Saturday 7th August at 1pm
- 22 Feb 2021Listed for Rent - Price not available
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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.
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