FOR SALE
Private Sale $750,000 - $800,000

48 Banbury Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 534m2
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Ideal First Home

This well-maintained timber family home offers an excellent floorplan with space and comfort for the growing family.
Situated close to all amenities including shopping, public transport, Edwardes Park Lake, schools (etc.).
Includes stylish hardwood timber flooring, delightful timber kitchen, central heating throughout, split system cooling, side drive to garage, outdoor pergola, and plenty of room to entertain or for the kids to play.
Land 534m2 approx.
You'll be impressed!
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Property Details for 48 Banbury Rd, Reservoir

48 Banbury Rd, Reservoir is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 534m2. The place is currently for sale with Barry Plant - Reservoir.

Building Type
House
Land Size
534m2

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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 28,264 properties. Over the last 5 years, Houses in Reservoir have seen a 23.05% increase in median value, while Units have seen a 21.24% increase. As at 31 August 2024:

  • The median value for Houses in Reservoir is $928,587 while the median value for Units is $602,189.
  • Houses have a median rent of $520 while Units have a median rent of $480.
There are currently 181 properties listed for sale, and 67 properties listed for rent in Reservoir on OnTheHouse. According to CoreLogic's data, 1049 properties were sold in the past 12 months in Reservoir.

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Harry Kontossis
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Barry Plant - Reservoir
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