8/71 Pine StreetReservoir VIC 3073
Property Details for 8/71 Pine St, Reservoir
8/71 Pine St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 86.49m2. While the property is not currently for sale or for rent, it was last sold in October 2023. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.
Last Listing description (October 2023)
Delivering total lockup and leave convenience, this neat two bedroom unit is ideal for enthusiastic starters and astute investors, as it offers versatile spaces flooded in north-facing sunlight.
Set amongst only 9 others within a well-maintained allotment and boasting a private rear position with designated car space, the property embodies a flowing interior complemented by hardwood floors and a white-wash coat of paint.
The bright family/meals domain features a heater and a/c unit, while the immaculate kitchen is equipped in gas cooking appliances and a tiled splashback.
There is also a low-maintenance and paved entertainer's courtyard. Additionally, comfy robed bedrooms accompany a central bathroom with adjoining large laundry. Ready to move straight in, plus offering the potential to further enhance (STCA) if preferred.
Unmatched in location, it's enviably surrounded by lush Edwardes Lake parkland, Spring Street amenities, Reservoir Station and just a quick drive to major freeway access.
Property History for 8/71 Pine St, Reservoir, VIC 3073
- 02 Oct 2023Sold for $400,000
- 20 Dec 2019Listed for Rent $290 / week
- 19 Nov 2019Listed 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 28,264 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.
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