Reservoir VIC 3073, Australia
Also written as Unit 5, 16 Compton Street.
Based on curated rent estimate.
Confidence ratings show how closely the estimate matches the comparable property data we currently have.
There is a stronger pool of recent, relevant comparison data and the subject property lines up closely with those comparable properties.
There is a reasonable amount of comparison data, but the closest matches may vary more in type, size, timing or location.
There are fewer recent comparable properties available, or the known examples are less similar to the subject property.
These figures are estimates and broad indications only. They are generated from recorded property attributes and available third-party market data, without a physical inspection of the property.
They are not a professional valuation, appraisal, legal opinion or financial recommendation. No person should rely on them as the sole basis for a purchase, sale, lease, lending or investment decision.
Yardize does not guarantee the accuracy or completeness of any rent estimate, value estimate, range or confidence score, and no legal claim can be made against us for reliance on this information.
Based on the comparable property evidence currently available.
| Event | Date | Price | Price per m² |
|---|---|---|---|
| Sale | 20 May 2023 | $400,000 | — |
| Sale | 5 Apr 1977 | $28,000 | — |
The unit features two bedrooms and one bathroom, making it suitable for small families or investors
The unit sits on a 56 m² parcel of land, offering a compact footprint typical of city‑style apartments
It is classified as a unit, which generally means it shares walls with neighboring dwellings and may be part of a larger complex
The property is within walking distance of Reservoir railway station (about 0.4 km) and serviced by numerous bus routes, including the 301, 382, and 555. Two tram lines also terminate or pass nearby on Gilbert Road and Plenty Road
The Reservoir Post Office is roughly 0.3 km away, a short walk from the unit
There are several parks nearby, such as J E Moore Park (0.9 km) and Crispe Park (0.9 km), and Edwardes Lake is also less than a kilometre away, providing green space for walking and leisure
Residents have easy access to the Northland Shopping Centre, Preston Market, and the Edwardes Street and Broadway shopping strips, all within a few kilometres of the property
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