Back 5 Palm Ave
Off Market

5 Palm Ave

Reservoir VIC 3073

3
1
2
601 m²
House
Last sold for $760,000
Graham LoveGraham Love, last sold this property on 24 March 2018 after 21 days on market.

Overview

Set For Success In A Super Spot

Traditional character and a very generous 601m2 (approx.) north facing allotment combine in an attractive opportunity with this inviting family home. Situated so that local shops, parks, the bus and Reservoir's station, shopping dining and entertainment options deliver lifestyle appeal within an easy stroll. Desired enhancements include timber floors, plate rails, and decorative cornice. Three bedrooms, central bathroom formal living, and updated kitchen deliver the perfect base to add a contemporary edge and extension (stca) * Garage with fitted benches * Gated parking * Potential to rebuild (stca) * Enhanced with period detail * 601m2 allotment (approx) * Heating and air conditioner Due diligence checklist - for home and residential property buyers http://www.consumer.vic.gov.au/duediligencechecklist

Features

3 bedrooms
1 bathroom
2 carspaces
601 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 5 Palm Ave is $933.33k.

Median value
$933.33k
Estimated value range
$624k - $1.7m
Median days on market
25
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Reservoir. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 5 Palm Ave

2023
Rented
Undisclosed
Leased on 24 Nov 2023 by Love & Co Real Estate - Reservoir
2018
Rented
Undisclosed
Leased on 27 Jun 2018 by Love & Co Real Estate - Reservoir
2018
Sold
$760,000
Auction Sale on 24 Mar 2018 by Graham Love, of Love & Co Real Estate - Reservoir

Happy sellers in Reservoir

86%
86% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 93 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom houses in Reservoir

In the last 12 months, 274 three-bedroom houses similar to 5 Palm Ave, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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