231 Spring StreetReservoir VIC 3073
Property Details for 231 Spring St, Reservoir
231 Spring St, Reservoir is a 3 bedroom, 2 bathroom House with 2 parking spaces and was built in 1935. The property has a land size of 678m2 and floor size of 106m2. While the property is not currently for sale or for rent, it was last sold in May 2018.
Last Listing description (September 2024)
It doesn't get much better than this, perfectly positioned in the heart of Reservoir with a town planning permit for 15 townhouses or discover what possibilities with 1365sqm of residential growth zone 3land ( STCA).
The permits consist of 9 x 3 bedrooms and 6 x 2 bedroom townhouses all with free flowing light filled living and an efficient contemporary design.
Its prime position allows a short walk to Edwards Street shopping & caf precinct, Edwards Park lake, Broadway, Reservoir train station, St Gabriel's Primary, High Street and much more.
Property History for 231 Spring St, Reservoir, VIC 3073
- 04 Apr 2023Listed for Sale $3,200,000 - $3,500,000
- 18 Feb 2021Listed for Rent - Price not available
- 12 Nov 2019Listed for Rent - Price not available
Recent sales nearby
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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 28,938 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:
- The median value for Houses in Reservoir is $970,763 while the median value for Units is $639,892.
- Houses have a median rent of $550 while Units have a median rent of $510.
Suburb Insights for Reservoir 3073
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