3 Nisbett St, Reservoir is a 2 bedroom, 2 bathroom Townhouse with 1 parking spaces. The property has a land size of 433m2 and floor size of 89m2. While the property is not currently for sale or for rent, it was last sold in December 2020.
Perfectly positioned in an increasingly popular Reservoir pocket, this brand-new two-bedroom townhouse delivers a stylish, low-maintenance lifestyle with the added appeal of smart sustainable inclusions.Set within a boutique new development at 6 Nisbett Street, Unit 3 offers a well-planned double-storey layout designed for modern living. The home combines contemporary street appeal with a quality external palette of selected face brickwork, Axon cladding and Cemintel concrete-look finishes, creating a polished architectural presence from the outset.The ground floor is centred around a light-filled open-plan living and meals zone, flowing to a modern kitchen and adjoining outdoor deck. A dedicated laundry, convenient powder room and secure single garage add excellent everyday functionality, making the home well suited to first-home buyers, young professionals, downsizers or investors seeking a low-maintenance new build.Upstairs, two generous bedrooms provide comfortable accommodation. The main bedroom includes its own ensuite and robe, while the second bedroom is also fitted with a built-in robe and is serviced by a central bathroom.Quality finishes continue throughout, including timber floorboards to the ground-floor living areas and carpet to the bedrooms. Double-glazed aluminium windows and split-system air conditioning further enhance year-round comfort.Sustainability and future-ready living have also been considered, with a 3000L slimline rainwater tank connected to sanitary flushing and a dedicated 30A EV charging point located in the garage.Enjoy the convenience of Reservoir living, with local shops, schools, parks, public transport and lifestyle amenities all within easy reach.A brand-new, turn-key opportunity offering style, practicality and long-term appeal in one of Melbourne's well-connected northern suburbs."
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:
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