24 Yarra AvenueReservoir VIC 3073
Property Details for 24 Yarra Ave, Reservoir
Last Listing description (January 2019)
A rare opportunity exists to purchase this sound investment situated in a vibrant shopping strip close to all amenities including public transport, schools and major arterial roads.
Features retail shop with preparation room and storage area. Excellent access from rear lane to property plus ample customer parking.
RENTAL - $19,200 PER ANNUM
LEASE 3 YEARS
LAND 184M2 (APPROX.) (6M X 30M APPROX.)
TENANT PAYS ALL OUTGOINGS & GST
RENTAL REVIEWS FIXED AT 4% ANNUALLY
INSPECT BY APPOINTMENT CALL HARRY KONTOSSIS 0419 337 719
INVEST IN YOUR FUTURE.
Property History for 24 Yarra Ave, Reservoir, VIC 3073
- 25 May 2023Sold for $300,000
- 24 Nov 2018Sold for $536,000
- 19 Oct 2018Listed for Sale Auction this Saturday at 11:00am
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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 28,999 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.
Suburb Insights for Reservoir 3073
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