2/7 Lane Crescent, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

2/7 Lane Crescent
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Floor area: 55m2
Land area: 650m2
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Property Details for 2/7 Lane Cres, Reservoir

2/7 Lane Cres, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2012. The property has a land size of 650m2 and floor size of 55m2. While the property is not currently for sale or for rent, it was last sold in October 2024.

Building Type
Unit
Year Built
2012
Floor Size
55m2
Land Size
650m2
Local Government
Darebin
Lot/Plan
2/PS703096

Last Listing description (November 2024)

Sleek Stylish Starter!This immaculate single-bedroom home presents an exceptional opportunity for buyers seeking a low-maintenance lifestyle, making it perfect for downsizers, investors, or first-time homeowners. The property features a sleek and modern design, showcasing high-quality finishes throughout. Inside, you'll find a spacious study that can easily serve as a second bedroom, a large bathroom, and a stylish kitchen equipped with Blanco appliances. This kitchen is seamlessly integrated into the open-plan living area, creating a bright and inviting space for relaxation and entertaining.Step outside to discover a private courtyard that enhances the appeal of the home, offering a tranquil retreat for outdoor living, the outdoor deck offers an additional space to unwind and enjoy the surroundings, further enhancing this impressive package. Additional features include split system climate control for year-round comfort, convenient laundry facilities, and dedicated car parking on title. Polished timber floors add a touch of elegance, while a storage shed provides extra space for your belongings.This home ensures a sense of privacy and independence. Its ideal northerly aspect floods the interior with natural light, creating a warm and welcoming atmosphere. Located just a short walk from Reservoir shops, parks, public transport, and a leisure center, this property combines convenience and comfort, making it an outstanding choice for anyone looking to enjoy an easy-care lifestyle.

Property History for 2/7 Lane Cres, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$490,000
16 Oct 2024
Listed for Rent
$310/w
20 Jan 2016
  • 23 Oct 2024
    Listed for Sale Under Offer
  • 16 Oct 2024
    Sold for $490,000
  • 18 Mar 2019
    Sold for $392,500
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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 29,147 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:

  • The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
  • Houses have a median rent of $600 while Units have a median rent of $538.
There are currently 125 properties listed for sale, and 95 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1184 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.