18 Banff StreetReservoir VIC 3073
Property Details for 18 Banff St, Reservoir
18 Banff St, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 1063m2 and floor size of 105m2.This Property is currently listed for sale with Ray White Bundoora
Last Listing description (July 2026)
Set on an impressive 1,063m (approx.) parcel of land, this triple-fronted brick home presents an outstanding opportunity for developers, renovators, investors, or those looking to build their dream home (STCA). Offered in largely original condition, the home comprises three well-proportioned bedrooms, a central bathroom, separate toilet, and a welcoming entrance hallway leading to a spacious lounge and separate dining area. The functional kitchen incorporates a generous dining area, while an additional family sunroom provides extra room to relax and unwind. Outside, the possibilities continue with a substantial brick garage that easily accommodates two vehicles, along with a workshop, storage sheds, and excellent rear access. The block's wide rear section further enhances its future potential. Comfort is ensured with ducted heating, evaporative cooling, and a classic terracotta tiled roof, while the expansive landholding offers endless scope to renovate, extend, redevelop, or start anew (STCA).Positioned in a sought-after Reservoir location close to schools, shops, transport, and parklands, this is a rare opportunity to secure a substantial landholding with exciting prospects for the future.
Land size: 1063m2
Deposit: 10% of the purchase price
Rental assessment: $500-$550 per week
Property History for 18 Banff St, Reservoir, VIC 3073
- 11 Jul 2026Sold
- 16 Jun 2026Listed for Sale $870,000 - $930,000
Recent sales nearby
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0About 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 29,139 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:
- The median value for Houses in Reservoir is $957,158 while the median value for Units is $645,988.
- Houses have a median rent of $590 while Units have a median rent of $530.
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