SOLD
RECENT ADVICE
Sold on 16 Oct 2023 for $1,181,000

78 Mcfadzean Avenue
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 2
Car spaces: 8
Land area: 840.4m2
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Property Details for 78 Mcfadzean Ave, Reservoir

78 Mcfadzean Ave, Reservoir is a 4 bedroom, 2 bathroom House with 8 parking spaces. The property has a land size of 840.4m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 4 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Land Size
840.4m2
Local Government
Darebin
Lot/Plan
1181/LP8469

Last Listing description (October 2023)

Situated in easily Reservoir's most sought-after pocket is this exceptionally built & first time offered family home. Built with the highest quality materials by a European builder in the 1970's this property is built to stand the test of time. Beautifully elevated & offering plenty of street appeal this home is perfect for the growing family requiring space & room to move. The home itself offers a wide entry hall which leads to 4 supersized bedrooms, a huge lounge/family room, a spacious kitchen with ample cupboard space, an oversized meals area with attached 2nd living zone & a central bathroom with separate powder room. The rear of the home offers an enclosed sunroom which is perfect for a study station/ work from home area, kids/parents retreat & a generous sized laundry with shower.

Step outside to discover an abundance of space with a concreted rear yard ideal for parking multiple vehicles, an outdoor entertaining/BBQ area is attached to an enormous 3 car tradies garage with toilet.

A never-ending list of extras include, heating, cooling, quality appliances, alarm, security shutters, hardwood polished boards, fully concreted under house cellar, under house storage & much more!

All this situated in an elite location within close proximity to Shops, Schools, Parklands, Transport & all other amenities.

Property History for 78 Mcfadzean Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$1,181,000
16 Oct 2023
  • 14 Oct 2023
    Sold for $1,181,000
  • 20 Sep 2023
    Listed for Sale AUCTION THIS SATURDAY @ 3PM!

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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 28,268 properties. Over the last 5 years, Houses in Reservoir have seen a 23.70% increase in median value, while Units have seen a 21.16% increase. As at 31 July 2024:

  • The median value for Houses in Reservoir is $922,735 while the median value for Units is $602,707.
  • Houses have a median rent of $510 while Units have a median rent of $480.
There are currently 194 properties listed for sale, and 65 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1035 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.