7/261-263 Broadway, Reservoir, VIC 3073 sold on 21 August 2025 | OnTheHouse
 
SOLD
Sold on 21 Aug 2025 for $305,000

7/261-263 Broadway
Reservoir VIC 3073

Bedrooms: 1
Bathrooms: 1
Car spaces: 1
Land area: 41m2
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Property Details for 7/261-263 Broadway, Reservoir

Building Type
Commercial
Year Built
2006
Land Size
41m2
Local Government
Darebin
Lot/Plan
7/PS522510

Last Listing description (November 2025)

This beautiful one bedroom apartment, with a modern open plan living space, is perfect for anyone wanting to be near shops and public transport in the heart of Reservoir. With a land size of 418 m, it includes a kitchen/living space, a carpeted bedroom with a built-in-wardrobe, one bathroom, a porch and a laundry recess. Split system heating/cooling offers a well deserved respite from the Melbourne weather. Access to a shared rooftop space and an additional storage area, would be yours.This excellent location is a five minute walk from Reservoir train station, close to Reservoir Leisure Centre and Edwardes Lake Park, and offers easy access to High Street, Preston Market, Northlands Shopping Centre, RMIT, and La Trobe University. Plenty of parking is accessible at the rear of the complex.This apartment has been in high demand for renters for several years. It's brilliant location and renting history makes it an excellent fit for investors, students, commuters, and couples alike.Don't hesitate to contact us with any questions.

Property History for 7/261-263 Broadway, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$305,000
21 Aug 2025
Listed for Rent
$280/w
03 Jul 2021
  • 21 Aug 2025
    Sold for $305,000
  • 11 May 2025
    Listed for Sale $312,000
  • 18 Jun 2021
    Listed for Rent $280 / week
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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 118 properties listed for sale, and 81 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1257 properties were sold in the past 12 months in Reservoir.

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© 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.

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