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Sold on 05 Jun 2024 - Price Unavailable

5/71 Pine Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 5/71 Pine St, Reservoir

5/71 Pine St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Local Government
Darebin
Lot/Plan
5/RP8765

Last Listing description (June 2024)

Ideally placed for a lifestyle of ease, this two-bedroom home is a short walk to a thriving village on Gilbert Road and the parklands around Edwardes Lake. Adding to the location appeal, the heart of Reservoir, its dining and shopping options, and the station is not much further in the other direction.

Timber floors and unmarked paintwork feature throughout a perfectly presented interior, introducing a spacious open-plan living area anchored by a well-designed kitchen. Blending plenty of preparation and storage options with a stainless-steel cooker, it opens to a private courtyard ready for relaxed alfresco entertaining!

Complementing the living spaces are two generously proportioned bedrooms. Fitted with built-in robes, they share a spotless, updated bathroom finished with floor-to-ceiling tiles and featuring the convenience of laundry facilities.

Transformed for effortless living, it's ready for all ages to move in and enjoy, and it is an attractive option for investors.

* Covered parking on the title
* Split system unit
* Heater
* Linen cupboard
* Easy care Colorbond fencing
* Generous low-maintenance courtyard

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

Property History for 5/71 Pine St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
05 Jun 2024
Listed for Rent
$280/w
24 Jan 2022
  • 07 Jun 2024
    Sold for $415,000
  • 24 May 2024
    Listed for Sale SOLD
  • 03 Nov 2021
    Listed for Rent $280 / 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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Contact agent
Kannan Subramanian
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Javit Denizhan
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Love Real Estate - 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.