1A Palm AvenueReservoir VIC 3073
Property Details for 1a Palm Ave, Reservoir
1a Palm Ave, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. The property has a land size of 162m2. While the property is not currently for sale or for rent, it was last sold in March 2024.
Last Listing description (May 2024)
Kick off your first home experience, downsize while upgrading your lifestyle or invest with confidence with this bright and stylish two-bedroom unit in the heart of Reservoir!
Boasting no common land, no Body Corporate fees and its own striking street frontage with a private driveway leading into a remote single garage, the positive appeal extends to the radiant single-level interior hallmarked by its low-maintenance aspect and sparkling contemporary presentation.
Carpeted floors add a touch of luxury and comfort to both robed bedrooms, while a sleek kitchen with stone benchtops, stainless steel appliances and ample storage delivers quality and style to the radiant open-plan living, which is bathed in natural light and extends with ease onto a private low-maintenance courtyard.
Enhanced with split-system heating/cooling, polished timber floorboards, study and a European laundry, embrace a low-maintenance lifestyle upgrade or secure a prized investment within short walking distance of Broadway and Edwardes Street shops and cafes, Reservoir and Ruthven train stations, bus services and Reservoir Leisure Centre and moments from schools, Northland Shopping Centre, Preston Market and the Metropolitan Ring Road.
Property History for 1a Palm Ave, Reservoir, VIC 3073
- 30 Mar 2024Sold for $600,000
- 05 Mar 2024Listed for Sale Auction: $520,000 - $570,000
- 07 Jul 2020Listed for Rent - Price not available
Recent sales nearby
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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 29,004 properties. Over the last 5 years, Houses in Reservoir have seen a 4.72% increase in median value, while Units have seen a 12.44% increase. As at 31 May 2026:
- The median value for Houses in Reservoir is $969,613 while the median value for Units is $643,747.
- Houses have a median rent of $580 while Units have a median rent of $530.
Suburb Insights for Reservoir 3073
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