SOLD
Sold on 31 May 2024 for $590,000

5/24 Ashley Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 59m2
Land area: 104m2
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Property Details for 5/24 Ashley St, Reservoir

5/24 Ashley St, Reservoir is a 2 bedroom, 1 bathroom House and was built in 1975. The property has a land size of 104m2 and floor size of 59m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Year Built
1975
Floor Size
59m2
Land Size
104m2
Local Government
Darebin
Lot/Plan
5/PS319968

Last Listing description (April 2024)

Looking for a cosy, low-maintenance two-bedroom unit in a convenient location? Look no further! This lovely unit is situated within a quiet block, providing a peaceful living environment.

As you step inside, you'll find a spacious lounge room with split-system heating and cooling, leading to a kitchen and meals area that is bathed in natural light and features ample cupboard space and a dishwasher. Both bedrooms have built-in robes and are serviced by a central updated bathroom.

Additionally, this unit comes with off-street parking, a separate laundry, and a private alfresco decked courtyard. It's located within walking distance to Edwardes Street shops, cafes, Edwards Lake and Reservoir Train Station, making it a convenient and accessible choice.

Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 5/24 Ashley St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$590,000
31 May 2024
Listed for Rent
$370/w
04 Aug 2022
  • 31 May 2024
    Sold for $590,000
  • 18 Mar 2024
    Listed for Sale $550,000
  • 02 Jul 2022
    Listed for Rent $370 / 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 28,268 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.