2/118 Royal Parade, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
 
OFF MARKET

2/118 Royal Parade
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 125m2
Land area: 165m2
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Property Details for 2/118 Royal Pde, Reservoir

2/118 Royal Pde, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 2010. The property has a land size of 165m2 and floor size of 125m2. While the property is not currently for sale or for rent, it was last sold in May 2021.

Building Type
House
Year Built
2010
Floor Size
125m2
Land Size
165m2
Local Government
Darebin
Lot/Plan
2/PS628034

Last Listing description (May 2021)

Neat and tidy, low in maintenance and position-perfect in the heart of Reservoir, this fully fenced three-bedroom townhouse will find favour among empty nesters, first-time buyers and smart investors alike.

Presented to the market for the first time since built as new, this tightly-held one-owner home makes an immediate impression with its vast open-plan living domain, which excels with its generous sense of space, light-filled appearance and direct access to the private low-maintenance garden courtyard.


Quality cooking appliances and plenty of storage space are assets of the bright family-sized kitchen, and with a dishwasher at your service, the post-meals clean-up is a breeze!

Two generous-sized bedrooms and a deluxe family bathroom are zoned in privacy upstairs, while a third bedroom downstairs offers family flexibility.

Furthermore, this big and spacious yet low in maintenance townhouse also features energy-efficient solar panels, water tank for a reduction in water costs, ducted heating, separate laundry and a single lock-up garage with an additional car space in front.

Be the lucky buyer to call it home' and enjoy living within short walking distance of St Stephen's Primary School, Broadway shops and cafes, Reservoir train station, bus services, Reservoir Leisure Centre and the Darebin Creek Trail and moments from Edwardes Lake Park, Plenty Road trams, La Trobe University and the Metropolitan Ring Road.

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Property History for 2/118 Royal Pde, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$640,000
01 May 2021
  • 01 May 2021
    Sold for $640,000
  • 06 Apr 2021
    Listed for Sale ONSITE AUCTION - $580,000 - $630,000
  • 04 Mar 2009
    Sold for $385,000
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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 28,937 properties. Over the last 5 years, Houses in Reservoir have seen a 25.20% increase in median value, while Units have seen a 15.10% increase. As at 31 October 2025:

  • The median value for Houses in Reservoir is $978,475 while the median value for Units is $639,872.
  • Houses have a median rent of $550 while Units have a median rent of $503.
There are currently 127 properties listed for sale, and 84 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1270 properties were sold in the past 12 months in Reservoir.

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© Copyright 2025. 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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