6/194 Purinuan RoadReservoir VIC 3073
Property Details for 6/194 Purinuan Rd, Reservoir
6/194 Purinuan Rd, Reservoir is a 1 bedroom, 1 bathroom Unit and was built in 1970. The property has a land size of 864m2 and floor size of 38m2. While the property is not currently for sale or for rent, it was last sold in August 2023.
Last Listing description (May 2024)
This well-maintained first floor apartment is situated within walking distance to train station, local shopping and parklands.
An ideal opportunity for the 1st time buyer to enter the real estate market at its lowest price point.
Features one good size bedroom (BIR), tiled bathroom, spacious open plan living room, dining and kitchen with scope to further improve. Includes off street parking by way of car space on title.
Currently leased on a month-to-month tenancy at $1,043 per calendar month.
Suit owner occupier or investment.
Realistically priced to sell.
Property History for 6/194 Purinuan Rd, Reservoir, VIC 3073
- 18 Aug 2023Sold for $215,000
- 15 May 2023Listed for Sale Not Disclosed
- 14 Oct 2019Listed for Rent $240 / week
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0About 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 28,582 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.
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