Median sale price for houses in Reservoir is $860,000, up 4.9% from last year.
Median sale price for units in Reservoir is $619,000, down 1.7% from last year.
Properties sold for houses in Reservoir is 815, down 3.0% from last year.
Properties sold for units in Reservoir is 307, down 17.0% from last year.
Auction clearance for houses in Reservoir is 68.1%, up 7.4% from last year.
Auction clearance for units in Reservoir is 68.6%, down 4.6% from last year.
Av days on market for houses in Reservoir is 45, down 15.1% from last year.
Av days on market for units in Reservoir is 28, down 26.3% from last year.
Before a prospective renter walks through the door, much of the work that determines a successful tenancy should already be underway.
You check your phone, hoping for an update. Another inspection has finished, and you’re waiting to hear whether someone has applied.
Buying an investment property is exciting. Between finance, contracts, building inspections and settlement, there is a lot happening in a relatively short period of time.
A residential rental provider can increase the rent in Victoria, but increasing the rent is no longer as simple as choosing a new weekly amount and giving the renter notice.
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