5/224 Spring StreetReservoir VIC 3073
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.
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
- 16 Jul 2024Sold for $555,000
- 18 Jun 2024Listed for Sale $550,000
- 20 Jan 2020Sold for $510,000
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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.
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