217 Broadway Reservoir VIC 3073
Property Details for 217 Broadway, Reservoir
217 Broadway, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 650m2 and floor size of 121m2. While the property is not currently for sale or for rent, it was last sold in May 2026. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (June 2026)
Set on a 651sqm (approx.) corner allotment with 17.1m frontage (approx.) and valuable rear laneway access, this is a rare opportunity to secure a prime development site within a high-growth Reservoir location.
Zoned Residential Growth Zone Schedule 3 (RGZ3), the site supports medium to high-density development (STCA). The corner position and laneway access remove the need for a common driveway, allowing for potential individual titles and improved design efficiency.
The existing dwelling provides holding income while planning approvals are explored.
Ideally located close to Broadway shopping precinct, Reservoir Train Station, schools, parklands and major arterials, this is a strategic acquisition for developers and investors seeking strong long-term returns.
EXPRESSION OF INTEREST- 31st MARCH 2026 - Price Reduced- Vendor Committed to Sell
Property History for 217 Broadway, Reservoir, VIC 3073
- 08 May 2026Sold for $1,235,000
- 10 Feb 2026Listed for Sale Not Disclosed
- 30 Jan 2024Transferred
Recent sales nearby
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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 29,149 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
- The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
- Houses have a median rent of $600 while Units have a median rent of $538.
Suburb Insights for Reservoir 3073
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