2/55 North Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

2/55 North Road
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: 2
Land area: 114m2
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Property Details for 2/55 North Rd, Reservoir

2/55 North Rd, Reservoir is a 1 bedroom, 1 bathroom Unit with 2 parking spaces and was built in 1970. The property has a land size of 114m2. While the property is not currently for sale or for rent, it was last sold in April 2025.

Building Type
Unit
Year Built
1970
Land Size
114m2
Local Government
Darebin
Lot/Plan
2/PS717077

Last Listing description (June 2025)

This beautifully designed villa residence embodies both comfort and modern aesthetics, boasting light-filled spaces and a free-flowing floor plan.Step inside to discover a thoughtfully designed layout, featuring a generously sized master bedroom with a walk-in robe and a second bedroom or study, perfect for those working from home. The spacious living area seamlessly connects to the well-appointed kitchen and meals zone, complete with quality stainless steel appliances, gas hotplates, and a dishwasher for effortless cooking and entertaining.The stylish bathroom includes a separate shower recess, while a European-style laundry adds to the home's convenience. Year-round comfort is ensured with a split-system heating and cooling unit, while a solar hot water service with a gas backup enhances energy efficiency.Outside, the landscaped gardens create a tranquil retreat, and the home is complete with an intercom system and a covered single carport for secure parking.Offering modern comfort in a convenient setting, this villa is an excellent opportunity for first-home buyers, downsizers, or investors alike with No active owners corporation - $389. for insurance P.A.A prime location near local cafs, schools and public transport, with easy access to Reservoir Station and the Plenty Rd tram. Explore nearby shopping hubs like Summer Hill Shopping Centre, Northland, and Preston Market.

Property History for 2/55 North Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$460,000
05 Apr 2025
Listed for Rent
21 May 2025
  • 06 May 2025
    Listed for Rent $470 / week
  • 05 Apr 2025
    Sold for $460,000
  • 11 Mar 2025
    Listed for Sale Auction: $360,000 - $396,000
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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 29,002 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 86 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.