2/86-88 Royal ParadeReservoir VIC 3073
Property Details for 2/86-88 Royal Pde, Reservoir
2/86-88 Royal Pde, Reservoir is a 1 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2015. The property has a land size of 114m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in November 2015.
Last Listing description (October 2015)
THESE BRAND NEW UNITS EMBRACE FUNCTIONALITY AND THE ESSENCE OF MODERN LIVING. WITH SPACIOUS, LIGHT FILLED LIVING AREAS AND WELL SIZED COURTYARDS, THESE BRAND NEW UNITS WON'T LAST LONG! FEATURES INCLUDE; ANDBULL;COMPRISING (1) CARPETED BEDROOM COMPLETE WITH BUILT IN ROBES ANDBULL;SPARKLING FULLY TILED BATHROOMS WITH LARGE SHOWER ANDBULL;OPEN PLAN LIVING ROOM ADJOINING KITCHEN MEALS AREA WITH POLISHED HARDWOOD FLOORS ANDBULL;STYLISH MODERN KITCHEN WITH STAINLESS STEEL APPLIANCES, GAS STOVE TOP AND STONE BENCH TOPS ANDBULL;SPLIT SYSTEM HEATING AND COOLING IN BEDROOMS AND LIVING AREA'S ANDBULL;SOLAR HOT WATER SERVICE WITH GAS BACKUP ANDBULL;EUROPEAN LAUNDRY ANDBULL;STORAGE SHED ANDBULL;UNIT 2 WITH TWO CAR SPACES, UNIT 3 WITH ONE. CONVENIENTLY LOCATED CLOSE TO RESERVOIR TRAIN STATION, EDWARDES STREET/BROADWAY SHOPPING CAF PRECINCTS, PARKLANDS, LA TROBE UNIVERSITY, NORTHLAND SHOPPING CENTRE AND THE NEW SUMMERHILL SHOPPING COMPLEX. * RENT PAYABLE PER CALENDAR MONTH: $1347 BOND: $1347
Property History for 2/86-88 Royal Pde, Reservoir, VIC 3073
- 14 Mar 2016Listed for Sale Not Disclosed
- 23 Nov 2015Sold for $355,000
- 26 Oct 2015Listed for Sale Not Disclosed
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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 29,137 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.
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