2/116 Spring StreetReservoir VIC 3073
Property Details for 2/116 Spring St, Reservoir
2/116 Spring St, Reservoir is a 3 bedroom, 2 bathroom House with 1 parking spaces. The property has a floor size of 134m2.
Last Listing description (May 2017)
This single level home offers instant and irresistible appeal for investors, young professionals or retirees scaling down or searching for low maintenance, lock and leave living.
Enjoying street frontage and its own driveway to the single car garage, it sits in an enviable location with the bus at the door, shops across the road, Regent station around the corner and all the shopping, dining and cafe options of Reservoir an easy stroll away.
Timber floors and a series of lightwell's enhance easy living comprising formal living, three bedrooms including generous main with full ensuite and walk in robe, family bathroom with the convenience of a separate toilet and a generous open plan living space. Stretching the full width of the house, it includes a modern kitchen with quality stainless steel appliances, and opens to a paved outdoor entertainment area in a private rear yard.
Property History for 2/116 Spring St, Reservoir, VIC 3073
- 20 Feb 2017Listed for Sale Auction
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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