4/42 Banff Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

4/42 Banff Street
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: -
Car spaces: -
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Last updated 6 Jul 2026
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Property Details for 4/42 Banff St, Reservoir

4/42 Banff St, Reservoir is a 3 bedroom, bathroom Unit. While the property is not currently for sale or for rent, it was last sold in March 2023.

Building Type
Unit
Local Government
Darebin
Lot/Plan
4/PS844835

Last Listing description (March 2023)

BRAND NEW TOWNHOUSE WAITING TO BE YOURS

Encapsulating all that is desirable in a contemporary town residence, this superb brand new home is enhanced by quality fixtures and fittings plus an immaculate presentation. Brilliantly positioned just a few minutes walk from public transport, parklands, local shopping strips and a number of schools, all of which point to an ultra-convenient low maintenance lifestyle, making this home an ideal prospect across all buyer groups. The home features a welcoming entrance that flows past a downstairs bedroom with mirrored built in robes before accessing an open plan kitchen, meals and living zone with doors opening out to a beautifully paved courtyard garden. The stylish kitchen showcases stone counter tops, stainless steel appliances and plentiful storage. Upstairs houses an additional two bedrooms as well as two stunning bathrooms. Additional highlights also include, European laundry, double glazed windows, storage, plush carpets, engineered flooring, timber staircase, split system heating/cooling throughout, double garage with rear yard access and lovely garden surrounds.

Property History for 4/42 Banff St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$637,500
17 Mar 2023
  • 22 Mar 2023
    Sold - Price Undisclosed
  • 12 Dec 2022
    Listed for Sale $640,000 - $655,000
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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 29,142 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 123 properties listed for sale, and 75 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1199 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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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.