SOLD
Sold on 04 May 2024 for $720,000

72 Tambo Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 120m2
Land area: 141m2
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Nelson Alexander Reservoir
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Property Details for 72 Tambo Ave, Reservoir

72 Tambo Ave, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2016. The property has a land size of 141m2 and floor size of 120m2. While the property is not currently for sale or for rent, it was last sold in May 2024. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit
Year Built
2016
Floor Size
120m2
Land Size
141m2
Local Government
Darebin
Lot/Plan
3/PS812089

Last Listing description (May 2024)

Delivering prestige lock and leave living in a tree-lined street, quality and craftsmanship come together in this easy-care home with no body corporate that promises a luxurious, low-maintenance lifestyle close to shops, cafes, parklands and transport.

Beyond a welcome entry, timber floors and unmarked paintwork in neutral tones enhance light-filled contemporary spaces that are instantly inviting. An open study, ideal as a sitting area if desired, is complemented by the open plan living and dining zone seamlessly integrating a deluxe kitchen.

Appointed with quality stainless steel appliances and stone tops over gloss-finished soft close cabinetry in on-trend shades, it has been thoughtfully positioned so the chef is a part of every event, but it's not the first thing you see as you enter.

Blurring the lines between inside and out, glass doors ensure a seamless transition to an outdoor area that blends timber and bluestone paved entertainment spaces, enjoying the ideal combination of morning sun and late afternoon shade.

A relaxing reading area fitted with bookshelves anchors the first floor with two spacious bedrooms sharing a stone-finished bathroom complete with an oversized shower and a deep bath.

Multiple split system units ensure year-round comfort and lead a list of extras, including NBN connection, a stone-finished laundry, guest powder room, video entry, alarm, Colorbond fencing, and a remote garage with internal access.

Located for lifestyle, Reservoir East Primary, Yarra Ave shops and convenience store Summerhill Shopping Centre, the tram on Plenty Road and the offerings in the heart of Reservoir, including the station, are all within an easy walk.

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Property History for 72 Tambo Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$720,000
04 May 2024
  • 04 May 2024
    Sold for $720,000
  • 28 Mar 2024
    Listed for Sale Auction $690,000 - $740,000
  • 05 Dec 2017
    Sold for $600,000

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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 28,263 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 192 properties listed for sale, and 68 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1042 properties were sold in the past 12 months in Reservoir.

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