OFF MARKET

8/71 Pine Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 56m2
Land area: 86m2
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Property Details for 8/71 Pine St, Reservoir

8/71 Pine St, Reservoir is a 2 bedroom, 1 bathroom Unit and was built in 1980. The property has a land size of 86m2 and floor size of 56m2. While the property is not currently for sale or for rent, it was last sold in October 2023.

Building Type
Unit
Year Built
1980
Floor Size
56m2
Land Size
86m2
Local Government
Darebin
Lot/Plan
8/RP8765

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

A timeline of how this property has performed in the market
Last Sold
$400,000
02 Oct 2023
Listed for Rent
$280/w
27 Jan 2021
  • 02 Oct 2023
    Sold for $400,000
  • 20 Dec 2019
    Listed for Rent $290 / week
  • 19 Nov 2019
    Listed 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 28,581 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.
There are currently 197 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1040 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.