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Sold on 12 Oct 2024 for $421,000

5B Colthur Street
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
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Property Details for 5b Colthur St, Reservoir

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

Building Type
Unit
Local Government
Darebin
Lot/Plan
5/PS618503

Last Listing description (October 2024)

If you are looking to break into the property market, downsize or simply grow your portfolio this is the property for you!

Situated in an enviable location, you are within proximity to Edwards Lake, Edward Street amenities, bus/tram stops, local shops & Reservoir train station.

Upon entry you are greeted with the light filled open plan living area adjacent to a modern functional kitchen with an abundance of cupboard space and spacious dining.

Also featuring a stylish central bathroom, large bedroom with BIR & your own private courtyard with an undercover area which will nicely set the scene to entertain friends or accommodate the family pet.

Other extras include stainless steel appliances, split system heating & cooling, and so much more.

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Material Facts Apply - please refer to the contract of sale and vendor statement for material facts and seek legal advice if required.

Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property.
While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

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Property History for 5b Colthur St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$421,000
12 Oct 2024
Listed for Rent
$320/w
12 May 2021
  • 12 Oct 2024
    Sold for $421,000
  • 16 Sep 2024
    Listed for Sale $421,000
  • 16 Apr 2021
    Listed for Rent $320 / 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 28,178 properties. Over the last 5 years, Houses in Reservoir have seen a 22.36% increase in median value, while Units have seen a 19.72% increase. As at 30 September 2024:

  • The median value for Houses in Reservoir is $917,681 while the median value for Units is $600,755.
  • Houses have a median rent of $530 while Units have a median rent of $490.
There are currently 185 properties listed for sale, and 56 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1045 properties were sold in the past 12 months in Reservoir.

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