8/3 Broughton AvenueReservoir VIC 3073
Property Details for 8/3 Broughton Ave, Reservoir
8/3 Broughton Ave, Reservoir is a 2 bedroom, 2 bathroom Unit with 2 parking spaces and was built in 1957. The property has a land size of 191m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last sold in January 2013.
Last Listing description (December 2010)
A Magnificent Development or Secure Investment
This sound clinker brick home offers a flexible floor plan with multiple bedrooms, ideal as an investment with a possible rental return of $750 per week, or a magnificent development site on 670m2 approx. Updated throughout the years, the home boasts 6 bedrooms, 3 with BIR's, central heating, timber floors, separate living room, magnificent bathroom, central kitchen and meals area, second bathroom and separate laundry. An additional feature is to purchase 3 Broughton Avenue, Reservoir and create a magnificent development site on 1340m2 approx. Set in a fantastic location, close to Regent station, local shops and lots more.
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Property History for 8/3 Broughton Ave, Reservoir, VIC 3073
- 23 Jan 2013Sold for $415,000
- 29 Sep 2011Listed for Rent - Price not available
- 21 Nov 2010Listed 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 28,604 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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