122 North Rd, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 719m2 and floor size of 129m2. While the property is not currently for sale or for rent, it was last sold in December 2022.
The potential is immense. The location is superb. The opportunity? It could not be more perfect!
With the potential for redevelopment (STCA) on a flat 711.7sqm (approx.) allotment, an amazing opportunity presents itself for the astute buyer to make their mark on the fringe of the Oakhill Estate.
The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of 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 29,025 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:
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