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Sold on 16 Sep 2024 for $915,000

955 High Street
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 1
Car spaces: -
Floor area: 148m2
Land area: 653m2
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hockingstuart Preston/Reservoir
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Property Details for 955 High St, Reservoir

955 High St, Reservoir is a 4 bedroom, 1 bathroom House and was built in 1960. The property has a land size of 653m2 and floor size of 148m2. While the property is not currently for sale or for rent, it was last sold in September 2024. There are other 4 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Year Built
1960
Floor Size
148m2
Land Size
653m2
Local Government
Darebin
Lot/Plan
504/LP7180

Last Listing description (October 2024)

What a captivating combination! An original, ready to renovate home rich in retro character on a strategic corner allotment of 653m2, zoned GRZ2, offering desirable development scope, STCA or converting to a medical clinic as a second investment opportunity.

This fantastic home offers a flexible floorplan featuring 4-bedroom with a central bathroom, includes the flexibility to living and sunroom areas, an open plan kitchen with an overlooking a separate dining domain, the ducted heating and evaporative air-conditioning.

A huge rear garden featuring pleasing depth and a sizeable parking up to 4 cars, further complements the opportunity to capture a property providing exceptional prospects as a family residence, equally enticing potential for accommodating a series of fresh contemporary designs - and a highly rewarding Reservoir future from either perspective, enhanced by the significant added asset of the rear laneway to Barry Street.

The site is conveniently located within a few minutes' walk from the newly-upgraded Reservoir Station, Edward Street and Broadway shops (including Coles and IGA) and only moments away from other key amenities including Ruthven Station, Preston Market and Northland Shopping Centre. Prime investment opportunities such as these are rare and not to be missed!

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Property History for 955 High St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$915,000
16 Sep 2024
Listed for Rent
$370/w
17 Jun 2010
  • 16 Sep 2024
    Sold for $915,000
  • 26 Jul 2022
    Listed for Sale $980,000
  • 19 Nov 2021
    Listed for Sale EOI $1,050,000 - $1,150,000
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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 28,219 properties. Over the last 5 years, Houses in Reservoir have seen a 22.36% increase in median value, while Units have seen a 19.72% increase. As at 30 September 2024:

  • The median value for Houses in Reservoir is $917,681 while the median value for Units is $600,755.
  • Houses have a median rent of $530 while Units have a median rent of $490.
There are currently 180 properties listed for sale, and 62 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1021 properties were sold in the past 12 months in Reservoir.

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