1/54 Lane Crescent, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

1/54 Lane Crescent
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 79m2
Land area: 257m2
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Property Details for 1/54 Lane Cres, Reservoir

1/54 Lane Cres, Reservoir is a 2 bedroom, 1 bathroom Unit and was built in 1995. The property has a land size of 257m2 and floor size of 79m2. While the property is not currently for sale or for rent, it was last sold in October 2018.

Building Type
Unit
Year Built
1995
Floor Size
79m2
Land Size
257m2
Local Government
Darebin
Lot/Plan
1/PS644065

Last Listing description (December 2018)

Perfectly proportioned and well presented is a home that offers everyday comforts on a sizeable block of 257sqms approx. with no common area (Driveway only).
Surrounded by convenience and situated in a quiet tree lined street only a short stroll to Broadway, Reservoir train station and within close proximity to Plenty Road Tram and Summer Hill shops is a fantastic opportunity for home buyers and investors to purchase a home that you can move straight into and enjoy or reap the rewards from the strong rental returns.
The attractive fa ade and manicured gardens invite you to a cosy home that has been styled over the years creating a free flowing floorplan bathed in natural light with polished timber floors, a spacious kitchen with sleek appliances and generous cupboard space that overlooks the formal lounge. With central heating and evaporative cooling throughout the property this home has everything you need to enjoy.

Two bedrooms all with BIRs, a central bathroom with grand shower and bath tub, separate laundry with added toilet. Step outside and enjoy the peaceful and low maintenance under cover courtyard. Walk out the front door to a manicured garden with plenty of room for kids or pets to play, side gate access room to park caravan or boat.
This property is a must see, don't miss out on this rare opportunity in the heart of Reservoir!

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767 High Street Epping
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510 Plenty Road Mill Park
952-954 High Street Reservoir
http://rata.harcourts.com.au/Home/statement-of-information
Due diligence checklist - for home and residential property buyers - http://www.consumer.vic.gov.au/duediligencechecklist.
This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information.

Property History for 1/54 Lane Cres, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$545,000
27 Oct 2018
  • 27 Oct 2018
    Sold for $545,000
  • 02 Jul 2018
    Listed for Sale Auction
  • 06 Dec 2011
    Sold for $355,000
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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% 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 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.

Reservoir has 29,146 properties. Over the last 5 years, Houses in Reservoir have seen a -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:

  • The median value for Houses in Reservoir is $936,038 while the median value for Units is $652,602.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 122 properties listed for sale, and 95 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1155 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.