1/123 North Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

1/123 North Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 130m2
Land area: 743m2
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Last updated 6 Jul 2026
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Property Details for 1/123 North Rd, Reservoir

1/123 North Rd, Reservoir is a 3 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2019. The property has a land size of 743m2 and floor size of 130m2.

Building Type
Townhouse
Year Built
2019
Floor Size
130m2
Land Size
743m2
Local Government
Darebin

Last Listing description (May 2026)

Please note, rent is paid monthly - $2,737 per calendar month ($630 per week).This two-storey townhouse delivers an outstanding low-maintenance lifestyle with its versatile floorplan, long list of features and close proximity to the best of Reservoir. Clean and tidy interior boasts three bedrooms (one downstairs) with BIR, master with WIR, one semi ensuite bathroom upstairs and one powder room downstairs as well as not one, but two lounge rooms with their own storage spaces tucked away out of sight. Kitchen with stainless steel cooking appliances and separate laundry offering access to the remote double garage and wonderfully low maintenance courtyard. Other highlights include ducted heating throughout, split-system heating and cooling in the lounge adjoining the kitchen and evaporative cooling upstairs. Located moments away from Plenty Road trams and Summerhill Shopping Centre, close to local parks and schools, easy access to Broadway, Reservoir Station and Latrobe University this property wont be available for long, register your interest today!

Property History for 1/123 North Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Listed for Rent
$480/w
13 Apr 2018
  • 24 Apr 2026
    Listed for Rent $630 / week
  • 02 Jan 2024
    Listed for Rent $550 / week
  • 06 Mar 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 29,040 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:

  • The median value for Houses in Reservoir is $957,158 while the median value for Units is $645,988.
  • Houses have a median rent of $590 while Units have a median rent of $530.
There are currently 131 properties listed for sale, and 71 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1209 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.