61 Edwardes StreetReservoir VIC 3073
Property Details for 61 Edwardes St, Reservoir
61 Edwardes St, Reservoir is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2021. The property has a land size of 1428m2 and floor size of 123m2. While the property is not currently for sale or for rent, it was last sold in August 2024. There are other 3 bedroom Unit sold in Reservoir in the last 12 months.
Last Listing description (October 2020)
*SOLD BY NICK MYLONAS 0401 951 332*
Sitting on 1435sqm approximately is a not to be missed opportunity for astute developers to secure and absolute gem with premium development potential for multi-unit residences (STCA). As far as location goes, it doesn't get better than this. This prime address offers a host of amenities all within walking distance to Reservoir rail station, buses, schools, stunning Edwardes park lake, library and civic centre, Edwardes St shopping village, Broadway shops, sporting fields and much more and only 13kms approximately to the Melbourne CBD. Currently occupying this huge parcel of land is a spacious three bedroom home with large workshop and garage. Boasting General Residential Zone-Schedule 2 (GRZ2) and right of way access, this rare piece of real estate in an unparalleled location won't last. Inspect today and be inspired to turn your grand designs into reality.
Property History for 61 Edwardes St, Reservoir, VIC 3073
- 20 Aug 2024Sold for $600,000
- 01 Aug 2022Sold for $720,000
- 22 Jul 2021Sold for $699,000
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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 28,203 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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