8 Banbury Road, Reservoir, VIC 3073 sold on 05 July 2025 | OnTheHouse
SOLD
Sold on 05 Jul 2025 for $755,000

8 Banbury Road
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 2
Land area: 446m2
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Property Details for 8 Banbury Rd, Reservoir

8 Banbury Rd, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 446m2. While the property is not currently for sale or for rent, it was last sold in July 2025. There are other 2 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Land Size
446m2

Last Listing description (July 2025)

Here's an exciting and affordable opportunity for first home buyers on a budget, keen renovators or builders looking for their next project in a prime lifestyle location.

This property in need of significant renovation, offers a blank canvas for those with a vision. Whether you're prepared to roll up your sleeves and embark on a major renovation project or explore the potential for a knockdown-rebuild development (STCA), this property promises substantial rewards for your hard work.

Positioned just moments from the iconic Edwardes Lake Park, enjoy all the lifestyle benefits of inner city living in this very desirable parkside location, 1.5kms of waterfront, picturesque walking tracks and recreational facilities, easy walk to the vibrant Reservoir Village with trendy cafes and thriving brunching scene, supermarkets, retail shops, Reservoir Train Station, Gilbert Rd tram, bus services and local schools.

Act quickly or miss out!

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Material Facts - please refer to the contract of sale and vendor statement for material facts.

Land size sourced from land.vic.gov.au. 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, Harcourts Rata & Co takes no responsibility for any inaccuracies.
Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.

Property History for 8 Banbury Rd, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$755,000
05 Jul 2025
  • 05 Jul 2025
    Sold for $755,000
  • 06 Jun 2025
    Listed for Sale Not Disclosed
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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 119 properties listed for sale, and 79 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1271 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Ilia Menkinoski
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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.