171 Spring Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
 
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171 Spring Street
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 2
Car spaces: 2
Floor area: 139m2
Land area: 586m2
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Last updated 19 Jan 2026
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Property Details for 171 Spring St, Reservoir

171 Spring St, Reservoir is a 4 bedroom, 2 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 586m2 and floor size of 139m2. While the property is not currently for sale or for rent, it was last sold in December 2019.

Building Type
House
Year Built
1960
Floor Size
139m2
Land Size
586m2
Local Government
Darebin
Lot/Plan
6/LP8679

Last Listing description (December 2019)

Standing on a flat 583sqm (approx.) block with rear lane access, future success is all but guaranteed with this solid brick charmer!

With the future owner granted the rare opportunity to develop the property using the rear lane to enhance possibilities (STCA). Retain the current dwelling or subdivide the allotment it's an opportunity too good to refuse.


The home itself is defined by its fresh presentation, instant liveability and suitability for the young couple with an eye on the future or smart investor looking for real value in a blue-chip location before building is ready and underway.

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Property History for 171 Spring St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$785,000
21 Dec 2019
  • 21 Dec 2019
    Sold for $785,000
  • 26 Sep 2019
    Listed for Sale $650,000 - $710,000
  • 28 Jun 2003
    Sold for $223,500
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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 28,941 properties. Over the last 5 years, Houses in Reservoir have seen a 17.33% increase in median value, while Units have seen a 14.71% increase. As at 31 December 2025:

  • The median value for Houses in Reservoir is $984,628 while the median value for Units is $637,552.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 83 properties listed for sale, and 79 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1283 properties were sold in the past 12 months in Reservoir.

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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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