SOLD
RECENT ADVICE
Sold on 16 Jul 2024 for $635,000

5/64-66 Orrong Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 90m2
Land area: 153m2
Sold By
Fletchers Bundoora
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Property Details for 5/64-66 Orrong Ave, Reservoir

5/64-66 Orrong Ave, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2005. The property has a land size of 153m2 and floor size of 90m2. While the property is not currently for sale or for rent, it was last sold in July 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Year Built
2005
Floor Size
90m2
Land Size
153m2
Local Government
Darebin
Lot/Plan
3/PS524189

Last Listing description (July 2024)

This sophisticated residence is supremely set at the rear of a small group of homes. Tailored for executive living and entertaining, sun washed interiors seamlessly flow across its single level layout, with engineered timber flooring underfoot and stylish neutral tones, an airy sense of expanse is felt. The interior introduces a welcoming entrance passageway that flows past two large bedrooms and family bathroom/laundry, before stepping into an open plan kitchen, dining and living zone at the rear. The elegant kitchen showcases Asko appliances along with plentiful storage. The lovely courtyard boasts a large storage shed and a garden-bed filled with herbs and a lemon tree. Added attributes also include split system heating and cooling, carpets, window furnishings and a single carport. Positioned in such an enviable location, just moments to public transport, local cafes, parklands and Broadway & Edwardes Street shopping Village.

Terms: 10% deposit, balance 30/60/90 days

Property History for 5/64-66 Orrong Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$635,000
16 Jul 2024
Listed for Rent
$350/w
03 Jun 2019
  • 16 Jul 2024
    Sold for $635,000
  • 03 Jul 2024
    Listed for Sale $590,000 - $620,000
  • 23 Oct 2021
    Sold for $620,000
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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.
There are currently 194 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1038 properties were sold in the past 12 months in Reservoir.

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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.