5/2 Mccomas Street, Reservoir, VIC 3073 | Property Value & History | OnTheHouse
OFF MARKET

5/2 Mccomas Street
Reservoir VIC 3073

Bedrooms: 4
Bathrooms: 3
Car spaces: 2
Land area: 790m2
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Last updated 20 Apr 2026
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Property Details for 5/2 Mccomas St, Reservoir

5/2 Mccomas St, Reservoir is a 4 bedroom, 3 bathroom Townhouse with 2 parking spaces. The property has a land size of 790m2.

Building Type
Townhouse
Land Size
790m2
Local Government
Darebin

Last Listing description (February 2026)

A boutique collection of five brand-new, architecturally designed townhouses delivering the perfect blend of modern lifestyle, eco-conscious features, and long-term investment appeal.

With construction set to commence soon and completion anticipated by Q2 2026, this is your exclusive chance to secure off-the-plan at today's prices and enjoy potential stamp duty savings.

Each townhouse has been thoughtfully designed to maximise comfort, light, and space with a mix of 2 to 4 bedrooms, private outdoor zones, secure off-street parking, and open-plan living layouts to suit a variety of buyers.

Townhouse Specifications & Price Guide:
Unit 1 4 Bed + Study | 3 Bath | 2 Car $960,000$990,000
Unit 2 3 Bed + Study + Multipurpose | 3 Bath | 2 Car $960,000$990,000
Unit 3 2 Bed + Study | 2 Bath | 1 Car $720,000$780,000
Unit 4 3 Bed | 2 Bath | 2 Car $850,000$880,000
Unit 5 2 Bed + Study | 2 Bath | 1 Car $690,000$740,000
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Outstanding Features & Inclusions:

Lifestyle & Design Appeal
Open-plan living with contemporary finishes
Private decks, courtyards, and balconies for every home
Smart storage solutions & efficient layouts
Premium appliances and modern fixtures throughout

Eco-Conscious Comfort
1.5kW solar power system per dwelling
EV-ready infrastructure
2000L rainwater tanks plumbed to WCs
WSUD-compliant permeable driveways
Energy-efficient design with passive solar orientation
Low-maintenance native landscaping
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Investment Highlights:

Projected rental yield: 4.8% 5.3% (est.)
Median 3BR rent in Reservoir: $600/week
Low vacancy rate:
No permit risk endorsed town planning already in place
Prime position in a strong growth corridor with rising demand
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A Location That Connects You to Everything:

6 min drive to Reservoir Station and Broadway shops
5 min to Northland Shopping Centre
850m to Reservoir Primary School
Only 10km to Melbourne CBD

Set in an established, family-friendly neighbourhood, 2 McComas Street offers a convenient lifestyle with transport, education, shopping, and green spaces all close by.
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Why Buy Off-the-Plan?
Lock in today's pricing
Enjoy stamp duty concessions (if eligible)
Choose your preferred floorplan
Benefit from a brand-new build with structural warranty
Customisation options (depending on construction stage)
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Now Selling Enquire Today

With limited availability and growing interest, now is the time to secure your off-the-plan townhouse in this premium Reservoir development. Whether you're a first home buyer, growing family, downsizer or investor - this project offers exceptional value and lifestyle benefits.

Contact us today to receive the full information pack, endorsed plans, and pricing details or to reserve your preferred townhouse before they're gone.

Property History for 5/2 Mccomas St, Reservoir, VIC 3073

A timeline of how this property has performed in the market
  • 13 Feb 2026
    Listed for Sale Private Sale - Contact Agent
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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 29,020 properties. Over the last 5 years, Houses in Reservoir have seen a 11.75% increase in median value, while Units have seen a 13.93% increase. As at 31 March 2026:

  • The median value for Houses in Reservoir is $980,016 while the median value for Units is $656,806.
  • Houses have a median rent of $565 while Units have a median rent of $520.
There are currently 118 properties listed for sale, and 66 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1291 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.