2/71 Pine Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

2/71 Pine Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
Floor area: 54m2
Land area: 90m2
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Property Details for 2/71 Pine St, Reservoir

2/71 Pine St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 1970. The property has a land size of 90m2 and floor size of 54m2. While the property is not currently for sale or for rent, it was last sold in March 1978.

Building Type
Unit
Year Built
1970
Floor Size
54m2
Land Size
90m2
Local Government
Darebin
Lot/Plan
2/RP8765

Last Listing description (November 2023)

The location, location, location equation is a wrap, so now get serious and check out the potential, potential, potential that comes with this two-bedroom unit in the heart of Reservoir.

Let's face it - when you can get into the sought-after Reservoir market within walking distance of uber trendy Edwardes Street and its collection of shops and chic cafs, schools, Edwardes Lake Park and Reservoir train station, it's an opportunity you don't want to miss.

So, the next step is to snap up this appealing unit, which is a blank canvas and therefore ripe for a renaissance as your renovation dreams become reality.

You get to start with two spacious bedrooms serviced by a neat bathroom and embrace a large, light-filled lounge as you step through the front door, flowing through to a well-appointed kitchen.

Step out into the rear and you'll find a low (even no) maintenance courtyard which, like the unit, is an opportunity for the new owners to go for broke and complete the overhaul with a green thumb (or two) and your courtyard could become a kaleidoscope of colour - completing the smartest decision you might ever make.

This is a prime opportunity for first-home buyers to get in at an entry-level price, enhance the interior with a contemporary touch and suddenly find themselves sitting on a fabulous little nest egg. Ditto for a downsizer with a bit of DIY experience to complete the conversion from potential to a little pearler.

Property History for 2/71 Pine St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$25,000
10 Mar 1978
Listed for Rent
29 Jan 2019
  • 20 Jan 2022
    Listed for Sale $450,000
  • 02 Jan 2019
    Listed for Rent - Price not available
  • 19 Jul 2016
    Listed for Rent - Price not available
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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of 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 29,028 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:

  • The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
  • Houses have a median rent of $570 while Units have a median rent of $525.
There are currently 117 properties listed for sale, and 87 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1288 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.