2/24 Banff Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

2/24 Banff Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Floor area: 70m2
Land area: 133m2
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Last updated 18 May 2026
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Property Details for 2/24 Banff St, Reservoir

2/24 Banff St, Reservoir is a 2 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1978. The property has a land size of 133m2 and floor size of 70m2. While the property is not currently for sale or for rent, it was last sold in December 2024.

Building Type
Unit
Year Built
1978
Floor Size
70m2
Land Size
133m2
Local Government
Darebin
Lot/Plan
2/RP9011

Last Listing description (December 2024)

Expressions of Interest closes Saturday 21st December at 12:00pm

Experience the perfect combination of comfort, style, and sustainability with this exceptional 2-bedroom villa, ideally located in the heart of Reservoir. This beautifully maintained property boasts two spacious bedrooms, each featuring built-in wardrobes, providing ample storage and a peaceful retreat. The kitchen is thoughtfully designed for convenience and functionality, making meal preparation easy, while the inviting living area offers a cozy space for relaxation or entertaining guests.
This single-storey brick unit is one of only three on the block, offering a sense of privacy and exclusivity. With no body corporate fees and a 16-panel solar power system, this home is both cost-effective and environmentally friendly. The generous lounge features floorboards and a Coonara fireplace, while a split system heating and cooling unit ensures comfort year-round, though this feature is not reflected on the floor plan. The property also includes a single lock-up garage and an additional car space right outside the front doora rare find in properties like this.

Both bedrooms are generously sized, with built-in robes, fans, and floorboards. The spacious central family bathroom includes heat lamps, while the separate laundry provides ample storage space. For added security and peace of mind, roller shutters and sensor lights are installed. A private, low-maintenance courtyard leads directly to the garage, and the home includes multiple TV points for added conveniencetwo in the lounge and one in each bedroom.
The villa is part of a small, owner-occupied community, with no renters, offering a sense of stability and pride of ownership. Its prime location ensures you're just moments away from local shops, vibrant cafes, reputable schools, and public transport, making it the ideal place to call home. Dont miss the chance to own this stylish, efficient villa in a sought-after area.

Property History for 2/24 Banff St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$550,000
06 Dec 2024
  • 06 Dec 2024
    Sold for $550,000
  • 04 Dec 2024
    Listed for Sale $540,000 - $580,000
  • 20 Aug 2024
    Listed for Sale SALE $500,000 - $550,000
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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 28,993 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 119 properties listed for sale, and 76 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1279 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.