3 Banbury Road, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

3 Banbury Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 492m2
Estimated Value & Rent
Estimated Value
Estimated Rent
Confidence
Last updated 13 Jul 2026
Low

High
Save

Property Details for 3 Banbury Rd, Reservoir

3 Banbury Rd, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 492m2. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
House
Land Size
492m2
Local Government
Darebin
Lot/Plan
17/LP11616

Last Listing description (July 2026)

Set on a generous flat allotment in one of Reservoir's most convenient and family-friendly pockets, this much-loved home offers the perfect opportunity for young families, first home buyers or those looking to create their forever home.Filled with warmth and character, the home features three generous bedrooms, including a spacious master, a central bathroom with separate WC, a comfortable front living room, and a practical kitchen with adjoining meals area. Move in and enjoy as is, update over time, or renovate to suit your family's lifestyle.Step outside and discover a backyard that truly sets this property apart. Offering an abundance of space for children and pets to play, weekend entertaining, gardening or even a future extension (STCA), it provides the flexibility that growing families are searching for. A lock-up garage and gated side driveway add further convenience and functionality.Perfectly positioned within walking distance of Edwardes Lake Park, local bus services, Gilbert Road's popular cafs and restaurants, Edwardes Street shopping precinct, schools and everyday amenities, this is a location where convenience and community come together.Whether you're taking your first step into the market or searching for a home with the space to grow, this is an opportunity to secure a sizeable parcel of land in a location you'll enjoy for years to come, with the added bonus of future redevelopment potential (STCA).

Property History for 3 Banbury Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$621,000
22 Mar 2023
  • 26 Jun 2026
    Listed for Sale $720,000 - $790,000
  • 22 Mar 2023
    Sold for $621,000
  • 28 Feb 2023
    Listed for Sale AUCTION: : $580,000 to $630,000
Sign in to see more transactions
Commute Calculator

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 29,147 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:

  • The median value for Houses in Reservoir is $957,158 while the median value for Units is $645,988.
  • Houses have a median rent of $590 while Units have a median rent of $530.
There are currently 125 properties listed for sale, and 80 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1198 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

Market Insights
Reservoir Trends for Houses
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Reservoir Trends for Units
Median Value

N/A

-
View Trend
Median Growth

N/A

View Trend
Median Rent

N/A

-
View Trend
Rental Yield

N/A

-
View Trend
Median Value: The middle value of all properties across the geography based on the Automated Valuation Model.


Median Value over 1 year
Neighbourhood Insights
Age
Household
Occupancy
No data to show
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.