FOR SALE
AUCTION $790,000 - $850,000

15 Banbury Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 4
Floor area: 490m2
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Auction Time
Sat 7 Dec 11:00 am
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No upcoming inspections scheduled.
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Spacious and Versatile Gem in a Great Reservoir Location

Welcome to 15 Banbury Road, a home that perfectly balances comfort, convenience, and versatility in one of Reservoir's most desirable locations. This property offers a thoughtfully designed floor plan that's ideal for families needing space, investors seeking a valuable asset, and professionals looking for a convenient, connected base.
Inside, light-filled living areas provide a warm and inviting atmosphere, creating an ideal setting for relaxation, family gatherings, or entertaining friends. The home has been meticulously kept, with minimal work required to move in and enjoy. The interiors are in excellent condition, offering a well-preserved space that is ready for immediate living, while still providing the opportunity to add your personal touch over time if desired. The well-appointed kitchen, complete with abundant storage and generous workspace, is perfect for everything from everyday family meals to hosting guests with ease.
One of the highlights of this property is the expansive outdoor area-a brilliant space to host guests and spend time with loved ones. With plenty of room for outdoor dining, weekend barbecues, or simply enjoying the fresh air, this versatile space is perfect for creating cherished memories. Whether you're envisioning a vibrant garden, a play area for children, or a cozy spot for relaxing afternoons, this outdoor oasis offers endless possibilities for enjoyment and connection.
Located in a prime position, 15 Banbury Road is just minutes from local schools, parks, shops, and public transport options, ensuring all the essentials are close at hand. Being less than a 2 minute walk to Edwardes Lake, you're able to enjoy all that this beautiful park has to offer, whilst still being so close to home! Enjoy the convenience of being just moments away from the vibrant Edwardes Street shops and Reservoir Train Station, offering easy access to all your daily necessities. This convenient location makes it perfect not only for families but also for professionals who need quick commutes or for downsizers looking for a vibrant community.
Combining space, potential, and an unbeatable location, this versatile and welcoming property offers endless possibilities in the heart of Reservoir. Don't miss the chance to make 15 Banbury Road your own.
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Property Details for 15 Banbury Rd, Reservoir

15 Banbury Rd, Reservoir is a 3 bedroom, 1 bathroom House with 4 parking spaces. The property has a floor size of 490m2. The place is currently for sale with Ray White Preston.

Building Type
House
Floor Size
490m2

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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 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% 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 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.

Reservoir has 28,595 properties. Over the last 5 years, Houses in Reservoir have seen a 18.33% increase in median value, while Units have seen a 18.50% increase. As at 31 October 2024:

  • The median value for Houses in Reservoir is $914,960 while the median value for Units is $603,893.
  • Houses have a median rent of $530 while Units have a median rent of $500.
There are currently 202 properties listed for sale, and 70 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1043 properties were sold in the past 12 months in Reservoir.

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Ian Dempsey
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Ethan Maratheftis
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Ray White Preston
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