221 Spring Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

221 Spring Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 2
Car spaces: 2
Floor area: 85m2
Land area: 578m2
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Property Details for 221 Spring St, Reservoir

221 Spring St, Reservoir is a 2 bedroom, 2 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 578m2 and floor size of 85m2. While the property is not currently for sale or for rent, it was last transferred in May 2024.

Building Type
House
Year Built
1950
Floor Size
85m2
Land Size
578m2
Local Government
Darebin
Lot/Plan
217/LP2843

Last Listing description (December 2019)

A traditional residence that has fulfilled its role to perfection for many years now provides new owners with the opportunity to enhance and enjoy a fabulous family home of their own in a completely convenient location close to schools, parks, Reservoir station and Edwardes Street shopping. Today's substantial formal and informal living and dining areas include an immaculately maintained open-plan kitchen that incorporates plentiful storage before revealing a full-width, entirely under-cover patio and an engaging north-westerly garden backdrop. These impressive, original proportions, complemented by ducted heating and split system heating/cooling units, a classic barbeque pavillion, lock-up 2 car garage and extra parking, offer a brilliant basis for future family success on an allotment that provides a range of rewarding possibilities, STCA, in a setting acknowledged for its significant lifestyle advantages.

Property History for 221 Spring St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Transferred
02 May 2024
  • 02 May 2024
    Transferred
  • 14 Dec 2019
    Sold for $973,000
  • 19 Nov 2019
    Listed for Sale $750,000 - $790,000
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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 28,941 properties. Over the last 5 years, Houses in Reservoir have seen a 17.33% increase in median value, while Units have seen a 14.71% increase. As at 31 December 2025:

  • The median value for Houses in Reservoir is $984,628 while the median value for Units is $637,552.
  • Houses have a median rent of $550 while Units have a median rent of $520.
There are currently 105 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1293 properties were sold in the past 12 months in Reservoir.

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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.