SOLD
Sold on 21 Dec 2023 for $722,000

50 Nisbett Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: -
Floor area: 89m2
Land area: 590m2
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Property Details for 50 Nisbett St, Reservoir

50 Nisbett St, Reservoir is a 3 bedroom, 1 bathroom House. The property has a land size of 590m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 3 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Floor Size
89m2
Land Size
590m2
Local Government
Darebin
Lot/Plan
61/LP59107

Last Listing description (September 2024)

Conveniently located in the Summerhill Estate, walking distance to Summerhill Shopping Centre, within moments of Northland Shopping Centre, the 86 tram, local schools, bus service around the corner, nearby parks and La Trobe University and easy access to the CBD, a lifestyle of convenience is offered to every member of your family.

Embrace the perfect blend of solid construction and urban allure in this 3-bedroom home. Revel in the panoramic city views, unwind in the spacious backyard, and entertain in style with an open-plan kitchen seamlessly integrated with a meal area. This property invites you to explore subdivision or redevelopment(STCA). Seize the opportunity to create something extraordinary in this prime Reservoir location.

Property History for 50 Nisbett St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$722,000
21 Dec 2023
Listed for Rent
$300/w
29 Jan 2021
  • 21 Dec 2023
    Sold for $722,000
  • 27 Nov 2023
    Listed for Sale RECENT SALES
  • 07 Jan 2021
    Listed for Rent $300 / 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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:

  • The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 196 properties listed for sale, and 63 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1045 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.