71 Mcmahon RoadReservoir VIC 3073
Property Details for 71 Mcmahon Rd, Reservoir
71 Mcmahon Rd, Reservoir is a 2 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 360m2. While the property is not currently for sale or for rent, it was last sold in June 2021.
Last Listing description (August 2021)
Sale by Set Date closing Tuesday 22nd June at 6pm (unless sold prior).
Nestled on a corner allotment of 360m2 approx. this renovated home is sure to tick all the boxes. Inviting interiors and a complete makeover have transformed this into a remarkable property for first home buyers and investors to reap the rewards for years to come.
Offering two huge bedrooms, central bathroom that has been stylishly designed with floor to ceiling tiles and shower. The hub of the home offers a cosy lounge room with lots of northern natural light and gas log fire, whilst the light filled kitchen offers lots of cupboard space and exceptional quality, all overlooking the private rear yard that is ideal for all year round entertaining.
Located within a short distance to the Metropolitan Ring Road, Reservoir train station, St Stephens Catholic primary school, TW Andrews reserve & Reservoir leisure centre. Only 13kms approx. to the Melbourne CBD and short drive to Northland Shopping Centre, Latrobe University, Broadway shopping precinct and Preston Market.
Additional features include split system heating & cooling, timber floors, rear decking area, garden shed, gas appliances, dishwasher, blinds throughout, secure carport plus more. (Land 360m2 approx.)
Property History for 71 Mcmahon Rd, Reservoir, VIC 3073
- 17 Jun 2021Sold for $658,500
- 26 May 2021Listed for Sale Not Disclosed
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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 28,592 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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