3 Banbury Road, Reservoir, Vic 3073

$720,000 - $790,000

House
Type
3
Bedrooms
1
Bathrooms
1
Parkings

Published on Friday, June 26, 2026 ( See property details for 3 Banbury Road, Reservoir, Vic 3073)

$720,000 - $790,000

  • AI-generated summary for guidance only. We can’t guarantee accuracy -please verify all details independently before deciding.

A spacious family home on a large flat block in Reservoir, offering versatile living options and future redevelopment potential.

🏑 Property Highlights

  • Generous flat allotment in a family-friendly pocket
  • Spacious master bedroom and three large bedrooms
  • Abundant backyard space for children, pets, and entertaining
  • Convenient location within walking distance to parks, cafes, and amenities
  • Potential for future extension or renovation (STCA)
  • Secure lock-up garage and gated side driveway

✨ Key Features

  • Garage
  • Outdoor Area
  • Built-in Robes
  • Open-Plan Living
  • Waterfront / Views
  • Pet-Friendly
  • Secure Parking
  • Internal Laundry
  • Ceiling Fans
  • Waterfront / Views
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3 Banbury Road
Reservoir, VIC 3073
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Vertical aerial view β€” 3 Banbury Road
3 Banbury Road — Vertical Aerial  •  Reservoir, VIC 3073  •  Nearmap © 2026

Reservoir is a vibrant suburb known for its family-friendly atmosphere, abundant parks including Edwardes Lake Park, diverse dining options, and convenient access to public transport and shopping precincts. It offers a welcoming community with excellent schools and recreational facilities, making it an ideal location for families and first-home buyers seeking a balanced lifestyle. The area combines affordability with growth potential, supported by ongoing development and infrastructure improvements.

What are the current zoning and development restrictions for this property?
The property is zoned for residential use with potential for future extension or renovation (STCA). It is advisable to consult the local council for specific zoning and development guidelines.
Are there any known issues or defects with the property?
Based on the provided details, there are no known issues. A thorough building and pest inspection is recommended prior to purchase.
What are the ongoing costs associated with this property?
Ongoing costs may include council rates, water rates, and maintenance. Specific figures can be obtained from the local council or current owner.
Is the property suitable for future extensions or renovations?
Yes, the large flat allotment and existing structure provide flexibility for future extensions or renovations, subject to council approval (STCA).
What are the nearby amenities and transport options?
The property is within walking distance to Edwardes Lake Park, local cafes, restaurants, schools, and public transport including bus services.
Are there any easements, covenants, or planning restrictions affecting the property? Has the property been affected by flooding or bushfire risks? Are there any upcoming developments or construction projects in the area that could impact the property? What are the strata or body corporate fees if applicable? Are there any hidden costs or upcoming maintenance requirements for the property? Is the property compliant with all local building codes and regulations? Are there any noise or nuisance issues from neighboring properties? What is the history of the property's title and ownership? Are there any zoning changes planned that could affect future development? Is the property located in a bushfire or flood-prone zone?

3 Banbury Road, Reservoir, Vic 3073 - More Details

$720,000 - $790,000

Type
House
Bedrooms
3
Bathrooms
1
Parkings
1

Price guide

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