SOLD
RECENT ADVICE
Sold on 12 Apr 2024 for $710,000

5/173A Spring Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/173a Spring St, Reservoir

5/173a Spring St, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in April 2024. There are other 2 bedroom Townhouse sold in Reservoir in the last 12 months.

Building Type
Townhouse
Local Government
Darebin
Lot/Plan
5/PS422967

Last Listing description (April 2024)

Experience the best of urban living in this spacious town home nestled well back from the street in an immaculately maintained boutique block.

Comprising of a spacious living area, separate Kitchen & meals, two generous sized bedrooms including master with walk-in robe, this home offers both comfort and convenience. The central bathroom has a bathtub and shower, while the polished floorboards give it a contemporary feel.

Plus, there's a powder room, a single lock-up garage with remote and a separate laundry.

Don't forget the north-facing courtyard, perfect for entertaining and enjoying the sun!

The location is unbeatable with easy access to Regent & Reservoir train stations, local schools, cafes, shopping precincts, Edwardes Lake, all close by as well as easy access to High Street eateries and Preston Market.

This is a great opportunity for first home buyers and downsizers who want a low-maintenance lifestyle without compromising on space. Don't miss out on being a part of this thriving suburb!

Property History for 5/173a Spring St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$710,000
12 Apr 2024
Listed for Rent
$440/w
25 Jan 2023
  • 12 Apr 2024
    Sold for $710,000
  • 27 Mar 2024
    Listed for Sale Not Disclosed
  • 08 Nov 2022
    Listed for Rent $440 / 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 28,592 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.
There are currently 203 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1046 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Tony Elezovic
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Robert Elezovic
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Raine & Horne Brunswick
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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.