3 Nisbett Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
 
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3 Nisbett Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 2
Floor area: 89m2
Land area: 433m2
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Last updated 15 Dec 2025
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Property Details for 3 Nisbett St, Reservoir

3 Nisbett St, Reservoir is a 3 bedroom, 1 bathroom House with 2 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.

Building Type
House
Floor Size
89m2
Land Size
433m2
Local Government
Darebin
Lot/Plan
2/LP122193

Last Listing description (February 2021)

*Please be advised all properties are by private inspection only. Please contact us directly to arrange an inspection.

Whether you're a homebuyer keen to secure a home to make your own or developer with visions of grandeur, this is the kind of property that demands your attention.

Sited on a fantastic 434sqm (approx.) block that's only 13.5km (approx.) from Melbourne's CBD and even closer to Northland Shopping Centre, Preston North East Primary School, the 86 tram, nearby parks, La Trobe University and Summerhill Shopping Centre, the block is ripe for development (STCA) or you can comfortably live in.

Neat and tidy with polished timber floorboards, loads of natural light, a warm contemporary colour scheme, large lounge room with split system heating/cooling, spacious 3 bedrooms, a bright bathroom and a well-appointed kitchen, lease it out for an attractive return or call it a home'!

This is a great opportunity not to be missed. Inspect today!

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

This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, we do not take responsibility for any inaccuracies. Accordingly, all interested parties should make their own enquiries to verify the information.

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Property History for 3 Nisbett St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$580,000
29 Dec 2020
  • 29 Dec 2020
    Sold for $580,000
  • 16 Jul 2020
    Listed for Sale $570,000 - $590,000
  • 19 Sep 2014
    Listed for Sale SOLD - $360,000
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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 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 87 properties listed for sale, and 73 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1269 properties were sold in the past 12 months in Reservoir.

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Cotality Copyright and Legal Disclaimers about Property Data

© Copyright 2025. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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.

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