1/50 Royal Parade, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

1/50 Royal Parade
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Floor area: 123m2
Land area: 210m2
Estimated Value & Rent
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Last updated 7 Sep 2026
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Property Details for 1/50 Royal Pde, Reservoir

1/50 Royal Pde, Reservoir is a 3 bedroom, 2 bathroom Townhouse with 2 parking spaces and was built in 2019. The property has a land size of 210m2 and floor size of 123m2.

Building Type
Townhouse
Year Built
2019
Floor Size
123m2
Land Size
210m2
Local Government
Darebin
Lot/Plan
1/PS820941

Last Listing description (October 2019)

This contemporary and meticulously designed townhouse features a great open and free flowing floor plan in a convenient location. Take full advantage of its expansive light filled living areas, functional kitchen and generous sized bedrooms.
What you need to know
Accommodation

-Three carpeted bedrooms with built in robes
-Master bedroom with ensuite
-Expansive open plan lounge and living area
-Modern kitchen with island bench
-Sparkling central bathroom with bathtub and separate shower recess
-Full sized laundry
-Secure lock up double garage with internal access
Comforts
-Split system heating and cooling
-Kitchen with ceaser stone benches, gas cooktop and oven
-Low maintenance private courtyard
-Separate toilet
-Linen cupboard
-Street Frontage
Amenities
-Close to Reservoir train station
-Broadway shopping/cafe precinct
-Summerhill and Northland Shopping Centres
* Rent payable per calendar month: $2,390
Bond: $2,390

Property History for 1/50 Royal Pde, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Listed for Rent
$550/w
20 Sep 2019
  • 20 Sep 2019
    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 29,137 properties. Over the last 5 years, Houses in Reservoir have seen a -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:

  • The median value for Houses in Reservoir is $936,038 while the median value for Units is $652,602.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 117 properties listed for sale, and 101 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1156 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.