8 Mcfadzean AvenueReservoir VIC 3073
Property Details for 8 Mcfadzean Ave, Reservoir
8 Mcfadzean Ave, Reservoir is a 1 bedroom, 1 bathroom Unit and was built in 2012. The property has a land size of 203m2 and floor size of 62m2. While the property is not currently for sale or for rent, it was last sold in June 2024. There are other 1 bedroom Unit sold in Reservoir in the last 12 months.
Last Listing description (July 2024)
Merely metres to the local cafe and the bus, a short walk to Edwardes Lake Park and just a few minutes from the station and the shopping, dining and cafe options on offer in the heart of Reservoir - this perfectly positioned home is shouting out to busy professionals, first home buyers, re-sizers and investors....in fact, anyone chasing a relaxed lock and leave lifestyle!
Wrapped in an easy-to-manage yard that introduces a private rear yard with space for alfresco entertaining, the perfectly presented interior boasts fresh paint, complementing polished timber floors throughout its light and bright living and accommodation spaces.
A generously proportioned open-plan living stretching out from the stainless steel-equipped kitchen sweeps through to a bedroom offering a fitted walk-in robe and sitting opposite the sparkling, stylish bathroom.
Leading the list of extras is NBN connection, split system unit, concealed laundry, roller blinds and off-street parking accessed from Barry Street.
Property History for 8 Mcfadzean Ave, Reservoir, VIC 3073
- 29 Jun 2024Sold for $465,000
- 06 Jun 2024Listed for Sale Auction $410,000 - $450,000
- 08 Dec 2020Listed for Rent $320 / week
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0About 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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