2/22-24 Reservoir Road, Hope Valley, SA 5090 | Property Value & History | OnTheHouse
 
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2/22-24 Reservoir Road
Hope Valley SA 5090

Bedrooms: 2
Bathrooms: 1
Car spaces: -
Floor area: 66m2
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Last updated 22 Jun 2026
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Property Details for 2/22-24 Reservoir Rd, Hope Valley

2/22-24 Reservoir Rd, Hope Valley is a 2 bedroom, 1 bathroom Unit and was built in 1987. The property has a floor size of 66m2.

Building Type
Unit
Year Built
1987
Floor Size
66m2
Local Government
Tea Tree Gully

Last Listing description (June 2019)

*Small dog permitted to reside at unit*

With a fabulous location only 10 minutes walk to Tea Tree Plaza, across the road from a reserve and with public transport at your doorstep, this wonderful red brick unit offers a unique start up opportunity for first homebuyers, a terrific down-scaler for the middle agers or a fabulous low maintenance investment property offering generous rental returns.


Crisp floating floors and a pleasant neutral colour scheme greet us as we enter to a generous living room. A combined kitchen / meals is adjacent where a serviceable kitchen overlooks the eating area and sliding glass doors offer access to the rear yard. Natural light gently infuses while a split system air conditioner moderates the temperature.

There are 2 bedrooms, both spacious and comfortable, both offering fresh carpets and ceiling fans. A full bathroom boasts separate bath and shower with a separate laundry completing the wet areas.

A generous rear courtyard provides a safe place for the kids to play, offering a patio area to relax outdoors, a tool shed and lawn coverage. A single garage with roller door will accommodate the family, completing a very tidy unit in a great family friendly group.

Briefly:
* Red brick unit in quiet group of 6
* Great starter, down scaler or investment
* Floating floors and neutral tones to the living areas
* Generous lounge
* Combined kitchen / dining with sliding door to rear yard
* Serviceable kitchen with upgraded stove
* 2 spacious bedrooms, both with fresh carpets and ceiling fans
* Full bathroom with separate bath and shower
* Separate laundry with exterior access
* Generous rear courtyard with patio, lawn and garden shed
* Single garage with roller door
* NBN connected
* 2.4m ceilings

Perfectly located with public transport at your doorstep and within easy reach of desirable amenities. Tea Tree Plaza is only 10 minutes walk away at the end of Reservoir Road along with Modbury Hospital, Bunnings Hardware and other lifestyle shopping outlets.
Local schools include Modbury High, Torrens Valley Christian School, Highbury Primary and Modbury West School and there are plenty of reserves and parks close by for your recreation and exercise.

A great, easy care, live in or rent out opportunity

Property Details:
Council | Tea Tree Gully
Zone | Residential
House | 88sqm approx
Built | 1987
Council Rates | $1,179.00 Per Annum
Water Rates | $154.25 Per Quarter
ESL Rates | $165.55 Per Annum
Strata Rates | $337.50 Per Quarter

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Property History for 2/22-24 Reservoir Rd, Hope Valley, SA 5090

A timeline of how this property has performed in the market
Listed for Rent
$260/w
21 Oct 2015
  • 27 Mar 2019
    Listed for Sale Not Disclosed
  • 16 Jun 2018
    Listed for Sale $249,000 - $260,000
  • 12 Oct 2015
    Listed for Rent - Price not available
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About Hope Valley 5090

The size of Hope Valley is approximately 5.1 square kilometres. There are 23 parks, covering nearly 35.0% of the total area. The population of Hope Valley in 2016 was 7887 people. By 2021 the population was 8184 showing a population growth of 3.8% in the area during that time. The predominant age group in Hope Valley is 30-39 years. Households in Hope Valley are primarily childless couples and are likely to be repaying $1400 - $1799 per month on mortgage repayments. In general, people in Hope Valley work in a professional occupation.In 2021, 66.40% of the homes in Hope Valley were owner-occupied compared with 65.20% in 2016.

Hope Valley has 3,359 properties. Over the last 5 years, Houses in Hope Valley have seen a 90.92% increase in median value, while Units have seen a 108.11% increase. As at 31 May 2026:

  • The median value for Houses in Hope Valley is $921,777 while the median value for Units is $650,303.
  • Houses have a median rent of $610 while Units have a median rent of $543.
There are currently 16 properties listed for sale, and 4 properties listed for rent in Hope valley on OnTheHouse. According to Cotality's data, 160 properties were sold in the past 12 months in Hope valley.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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