2/224 Spring Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
FOR SALE

2/224 Spring Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 90m2
Land area: 95m2
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Property Details for 2/224 Spring St, Reservoir

2/224 Spring St, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 2 parking spaces and was built in 2009. The property has a land size of 95m2 and floor size of 90m2.This Property is currently listed for sale with Ray White Reservoir

Building Type
Townhouse
Year Built
2009
Floor Size
90m2
Land Size
95m2
Local Government
Darebin
Lot/Plan
2/PS622509

Last Listing description (May 2026)

Perfectly positioned for convenience and lifestyle, this beautifully presented two-bedroom residence offers an outstanding opportunity for first home buyers, downsizers, and astute investors alike. Privately set while still enjoying a connected and accessible location, the home strikes the perfect balance between comfort, practicality, and everyday ease.

Upon entry, you're welcomed by a warm and inviting interior where timber flooring flows effortlessly through the main living areas, enhancing both the sense of space and timeless appeal. The light-filled living zone creates a relaxed environment to unwind or entertain, complete with split system heating and cooling to ensure year-round comfort in every season.

The home continues to impress with a well-positioned kitchen that provides ample storage and functionality, making daily living simple and efficient. Accommodation comprises two generously sized bedrooms, both fitted with soft carpeting to create a comfortable and restful retreat, while a centrally located bathroom services the home with ease.

Adding to the appeal is a secure double garage, offering valuable off-street parking for two vehicles along with additional storage options. The low-maintenance nature of the property enhances its desirability, making it an ideal choice for those seeking a lifestyle of ease without compromising on space or practicality.

Positioned within walking distance to Reservoir Train Station, this address delivers exceptional convenience for city commuters and those who value connectivity. Surrounded by local shops, cafes, parklands, and quality schooling options, everything you need is right at your doorstep.

Whether you're looking to move straight in, invest with confidence, or further enhance over time, this is a smart and versatile opportunity in one of Reservoir's most accessible and fast-growing pockets.

Property History for 2/224 Spring St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$500,000
24 Feb 2021
Listed for Rent
$380/w
07 Feb 2023
  • 21 Apr 2026
    Listed for Sale Auction: $540,000 - $590,000
  • 07 Feb 2023
    Listed for Rent $380 / week
  • 05 May 2022
    Listed for Rent - Price not available
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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 29,007 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:

  • The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
  • Houses have a median rent of $570 while Units have a median rent of $525.
There are currently 117 properties listed for sale, and 87 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1281 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.