5/61 Reservoir Rd, Hope Valley is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1978. The property has a land size of 239m2. While the property is not currently for sale or for rent, it was last sold in September 2023.
Investors eager to bolster their portfolio with a low-maintenance and rental-ready property in a prized location need look no further than this easy-care unit.
This easy-care unit offers a functional and inviting layout, featuring two bedrooms and one bathroom. The kitchen and living area are bathed in soft natural light, creating a welcoming ambiance. With neutral flooring and ducted air-conditioner, comfort is ensured all year-round. The well-appointed kitchen boasts ample bench space and storage, making it an easy for any aspiring chief and perfect for hosting your loved ones.
The size of Hope Valley is approximately 5.1 square kilometres. There are 23 parks, covering nearly 35.0% of the total area. The population of Hope Valley in 2016 was 7887 people. By 2021 the population was 8184 showing a population growth of 3.8% in the area during that time. The predominant age group in Hope Valley is 30-39 years. Households in Hope Valley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hope Valley work in a professional occupation.In 2021, 66.40% of the homes in Hope Valley were owner-occupied compared with 65.20% in 2016.
Hope Valley has 3,359 properties. Over the last 5 years, Houses in Hope Valley have seen a 90.92% increase in median value, while Units have seen a 108.11% increase. As at 31 May 2026:
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