3/32 Banff Street, Reservoir, VIC 3073 sold on 28 July 2025 | OnTheHouse
SOLD
Sold on 28 Jul 2025 for $511,000

3/32 Banff Street
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 1
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Property Details for 3/32 Banff St, Reservoir

3/32 Banff St, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom Unit sold in Reservoir in the last 12 months.

Building Type
Unit

Last Listing description (July 2025)

Nestled in a quiet and highly sought-after pocket of Reservoir, this delightful two-bedroom unit offers the perfect blend of comfort, convenience, and modern living. Located in a boutique block, this home is ideal for first-home buyers, downsizers, or savvy investors seeking a solid addition to their portfolio.

Key Features:
* Spacious Open-Plan Living: The light-filled living and dining area flows seamlessly, providing a warm and welcoming space to relax or entertain.

* Modern Kitchen: Equipped with quality appliances, ample storage, and sleek countertops, this kitchen is perfect for home cooks and entertainers alike.
* Two Generous Bedrooms: Both bedrooms feature built-in robes and are serviced by a stylish central bathroom.
* Low-Maintenance Courtyard: Enjoy outdoor living in the private courtyard, ideal for a morning coffee or evening unwind.
* Additional Amenities: Includes a single parking, split-system heating and cooling, and a European laundry.

Prime Location:
Positioned just moments from the bustling Edwardes Street and Broadway shopping strip, Reservoir Train Station, you'll enjoy the convenience of cafes, shops, and public transport at your doorstep. Plus, with easy access to schools and major arterials, this home truly has it all.

Due diligence checklist – for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist

Property History for 3/32 Banff St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$511,000
28 Jul 2025
Listed for Rent
$380/w
02 Dec 2022
  • 28 Jul 2025
    Sold for $511,000
  • 17 Jan 2025
    Listed for Sale SOLD - $511,000
  • 25 Nov 2022
    Listed for Rent $380 / week
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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 28,940 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.
There are currently 118 properties listed for sale, and 79 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1271 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Shane Yamin
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Love Real Estate - 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.