197B Albert Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

197B Albert Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 2
Car spaces: 1
Floor area: 112m2
Land area: 225m2
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Last updated 9 Feb 2026
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Property Details for 197b Albert St, Reservoir

197b Albert St, Reservoir is a 2 bedroom, 2 bathroom House with 1 parking spaces and was built in 2016. The property has a land size of 225m2 and floor size of 112m2.

Building Type
House
Year Built
2016
Floor Size
112m2
Land Size
225m2
Local Government
Darebin

Last Listing description (December 2015)

Here is the chance to move into your very own brand new house at an affordable price and oh so close to every service and amenity you will ever need. A terrific design comprises two double bedrooms and boasts spacious living areas with a large open plan casual zone combining beautifully with a sparkling kitchen with stainless steel appliances. Large, light filled windows open onto a private courtyard that is ideal for year round enjoyment; it lets you bring the outside in and the inside out with ease. Quality fixtures and fittings are a real treat. Add a second bathroom and ample off street parking is a real bonus too. A spectacular location places you within short walking distance to the Plenty Road tram, Northland Shopping Centre and the fully redeveloped Summerhill Shopping precinct. Quality workmanship, inspiring design and idyllic location, ensures comfort without concession.

Property History for 197b Albert St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
  • 04 May 2015
    Listed for Sale $420,000
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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 28,944 properties. Over the last 5 years, Houses in Reservoir have seen a 19.48% increase in median value, while Units have seen a 14.48% increase. As at 31 January 2026:

  • The median value for Houses in Reservoir is $996,610 while the median value for Units is $637,650.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 106 properties listed for sale, and 68 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1303 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.