16 Nisbett StreetReservoir VIC 3073
Property Details for 16 Nisbett St, Reservoir
16 Nisbett St, Reservoir is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a land size of 581m2. While the property is not currently for sale or for rent, it was last sold in February 2026. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (February 2026)
SALE BY NOMINATED DATE: FRIDAY 6TH MARCH AT 12PM
Nestled in a quiet and convenient pocket of Reservoir, 16 Nisbett Street presents a remarkable opportunity for families, first-home buyers, and savvy investors alike.
Presented in very good condition, this well-maintained residence is situated on a generous 581sqm (approx.) allotment, offering a rare combination of immediate comfort and exciting future upside. Inside, the home features three spacious, light-filled bedrooms and a functional central bathroom, providing a solid, move-in-ready foundation for those looking to enjoy the home as-is or eventually add their own contemporary flair.
The true highlight of this property lies in its expansive backyard, a sprawling canvas that is becoming increasingly hard to find in the inner-north.
Whether you envision a lush garden oasis, a modern extension to cater to a growing family, or even a multi-unit development, the sheer scale of the land ensures your investment is well-protected. The classic layout radiates a genuine sense of "home," with a welcoming living area that has been meticulously cared for over the years, serving as the heart of the residence.
Property History for 16 Nisbett St, Reservoir, VIC 3073
- 28 Apr 2026Listed for Rent $540 / week
- 18 Feb 2026Sold for $780,000
- 03 Feb 2026Listed for Sale Sale By Nominated Date: $700,000 - $770,000
Recent sales nearby
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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 29,149 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
- The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
- Houses have a median rent of $600 while Units have a median rent of $538.
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