SOLD
RECENT ADVICE
Sold on 16 Jul 2024 for $555,000

5/224 Spring Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Save

Property Details for 5/224 Spring St, Reservoir

5/224 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 July 2024. There are other 2 bedroom Townhouse sold in Reservoir in the last 12 months.

Building Type
Townhouse
Local Government
Darebin
Lot/Plan
5/PS622509

Last Listing description (July 2024)

Quality without compromise is what first strikes when you enter this two bedroom townhouse situated a stone's throw to central Reservoir shopping and trains. Featuring gleaming hardwood floors and quality appointments throughout, this contemporary property's light-filled ambience and easy proximity to schools, transport and plethora of shopping offered by its outstanding locale promise a fabulous low-maintenance lifestyle. Impeccably presented, this outstanding double-storey home features a stylish reverse floorplan, where you can watch the sunrise over spacious dining that extends to an alfresco deck, and watch the sunset over a living space that opens to its own balcony. All complemented by a Bosch appointed stone topped soft-close kitchen that features an induction cooktop, LED lighting and snappy teal glass splashbacks. Bedrooms with built-in robes are privately zoned and share a timeless modern bathroom, while a Euro laundry, keyless entry, heating/cooling and secure carport with storage assure a chic urban lifestyle near local parks, schools and wealth of amenities this location delivers.

Property History for 5/224 Spring St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$555,000
16 Jul 2024
Listed for Rent
$350/w
23 Jan 2017
  • 16 Jul 2024
    Sold for $555,000
  • 18 Jun 2024
    Listed for Sale $550,000
  • 20 Jan 2020
    Sold for $510,000
Sign in to see more transactions

Commute Calculator

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, 1043 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

Market Insights
Reservoir Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Reservoir Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
Contact agent
Peter Leahy
Show contact details
Peter Leahy Real Estate - Coburg
Preferred contact:
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.