2/54 North Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

2/54 North Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 3
Floor area: 100m2
Land area: 372m2
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Last updated 25 May 2026
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Property Details for 2/54 North Rd, Reservoir

2/54 North Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 2004. The property has a land size of 372m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2005.

Building Type
Unit
Year Built
2004
Floor Size
100m2
Land Size
372m2
Local Government
Darebin
Lot/Plan
2/PS509089

Last Listing description (October 2008)

$250,000-$280,000. INVESTORS/FIRST HOME BUYERS HAVE A GOOD LOOK HERE!
ON A BUDGET AND WANTING TO ENTER THE PROPERTY MARKET EITHER AS A HOME BUYER OR INVESTOR; WELL HERE IS YOUR OPPORTUNITY TO POUNCE. OPEN PLAN LIVING, POLISHED FLOORBOARDS AND TWO SPACIOUS BEDROOMS, BIR ARE ONLY A FEW POINTS OF THIS LOW MAINTENANCE HOME, FURTHER COMPLIMENTED WITH CARPORT, COURTYARD AND A SENSATIONAL LOCATION, WALK TO PLENTY ROAD TRAM, BUS AND SUMMERHILL SHOPPING CENTRE. CURRENTLY TENANTED RETURNING $13,548 PER ANNUM.

Property History for 2/54 North Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$230,000
31 Oct 2005
Listed for Rent
$260/w
30 May 2008
  • 08 Aug 2008
    Listed for Sale $275,000
  • 10 Apr 2008
    Listed for Rent - Price not available
  • 31 Oct 2005
    Sold for $230,000
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About 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 28,994 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 118 properties listed for sale, and 81 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1276 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.