3/2 Palm Avenue, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

3/2 Palm Avenue
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 1
Floor area: 101m2
Land area: 159m2
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Property Details for 3/2 Palm Ave, Reservoir

3/2 Palm Ave, Reservoir is a 3 bedroom, 2 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 159m2 and floor size of 101m2. While the property is not currently for sale or for rent, it was last sold in November 2024.

Building Type
Unit
Year Built
2013
Floor Size
101m2
Land Size
159m2
Local Government
Darebin
Lot/Plan
3/PS714801

Last Listing description (November 2024)

Brilliantly designed with low maintenance living in mind, this sophisticated rear hom, on a block with only 2 others, gives you absolutely no reason to compromise your love for entertaining with its generous indoor & outdoor spaces, all just moments from Broadway Shopping Village & vibing caf strip and Reservoir Train Station.

Rich solid timber floorboards showcase throughout its warm & tasteful interior which clearly defines generous living & dining zones, which flow outdoors to a private & sunny decked garden, along with a well-planned kitchen, chic bathrooms, deep euro laundry and roomy auto garage with direct garden access, making it the perfection solution for undercover alfresco entertaining options.

Other highlights include: Split system heating/cooling, gas cooking, dishwasher and so much more.

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Property History for 3/2 Palm Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$730,000
19 Nov 2024
Listed for Rent
$460/w
15 Oct 2021
  • 07 Nov 2024
    Listed for Sale Another BISI Property GONE - Before Auction
  • 27 Sep 2021
    Listed for Rent $460 / week
  • 11 Jul 2018
    Listed for Rent - Price not available
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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 28,996 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 113 properties listed for sale, and 84 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1267 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.