122 North Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

122 North Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 129m2
Land area: 719m2
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Property Details for 122 North Rd, Reservoir

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.

Building Type
House
Year Built
1960
Floor Size
129m2
Land Size
719m2
Local Government
Darebin
Lot/Plan
5/TP23510

Last Listing description (May 2021)

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.


Just because you can develop (STCA), it doesn't mean you have to, particularly considering the excellent presentation and immediate liveability of this beautifully updated weatherboard home.

All three bedrooms are of large proportions and serviced by a stylishly renovated fully-tiled family bathroom, while a light and bright fireside living area and huge family-sized kitchen with updated stainless steel appliances offers space and functionality for everyday family living.

Such is the amount of space on offer in the large north-facing grassed backyard that you could extend the home as the family grows or build an extra dwelling (STCA), while beautiful high ceilings, polished pine floorboards, plenty of natural light, separate laundry and generous off-street parking are further highlights.

Enhancing the appeal of this first-class opportunity is the five-star location, which delivers immense lifestyle benefits thanks to the swift access to Broadway shops and cafs, Regent and Reservoir train stations, Plenty Road trams, schools, Northland and Summerhill shopping centres, La Trobe University and parks.

Property History for 122 North Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$7,018
16 Dec 2022
Listed for Rent
$450/w
31 Mar 2020
  • 16 Dec 2022
    Sold for $7,018
  • 14 May 2021
    Sold for $1,100,000
  • 07 May 2021
    Transferred
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About Reservoir 3073

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:

  • The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
  • Houses have a median rent of $570 while Units have a median rent of $525.
There are currently 125 properties listed for sale, and 72 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1292 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.