SOLD
Sold on 09 Dec 2023 for $950,000

7 Macartney Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 125m2
Land area: 562m2
Sold By
Laura Mancin
Nelson Alexander Reservoir
Peter Neofytou
Nelson Alexander Reservoir
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Property Details for 7 Macartney St, Reservoir

7 Macartney St, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 562m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in December 2023. There are other 2 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Year Built
1950
Floor Size
125m2
Land Size
562m2
Local Government
Darebin
Lot/Plan
1/LP17260

Last Listing description (December 2023)

Simply captivating, this generously proportioned clinker brick residence has been beautifully updated, displaying an excellent blend of distinctive style and charisma, all while preserving its inherent character and allure.

In an impressive, landscaped garden with a variety of natives and established fruit trees, it is well setback from the street with a side drive, in a central Reservoir location close to Edwardes Street, Broadway, and Reservoir Station. Relaxed and inviting with a wide central hallway, lofty ceilings, and polished timber floors, it exudes warmth and elegance from the moment you step inside. Light & spacious it features two double bedrooms (BIRs), central bathroom with original terrazzo floor and pedestal basin, elegant formal living room, separate formal dining, and well appointed, updated kitchen (ample storage & dishwasher) plus, large rear sunroom/2nd living. Outside enjoy the private garden and studio/third bedroom with polished concrete floor and built in robes. Other notable features include gas ducted heating, air conditioning, ceiling fans, alarm remote, separate WC, separate laundry, and garden shed.

Walk to local shops and cafes, trains, buses, and parks and easily accessible to schools, Edwardes Lake, High Street, Preston Market, La Trobe University, Northland, major arterials, and the CBD.

Property History for 7 Macartney St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$950,000
09 Dec 2023
Listed for Rent
$460/w
04 May 2022
  • 09 Dec 2023
    Sold for $950,000
  • 15 Nov 2023
    Listed for Sale Auction $870,000 - $930,000
  • 26 Apr 2022
    Listed for Rent $460 / 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.

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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.