Back 16 Nisbett Street
Off Market

16 Nisbett Street

Reservoir VIC 3073

3
1
4
581 m²
House
Last sold for $780,000
Keb NguyenKeb Nguyen, last sold this property on 25 February 2026 after 22 days on market.

Overview

Character, Comfort, and Boundless Potential at 16 Nisbett Street

SALE BY NOMINATED DATE: FRIDAY 6TH MARCH AT 12PM Nestled in a quiet and convenient pocket of Reservoir, 16 Nisbett Street presents a remarkable opportunity for families, first-home buyers, and savvy investors alike. Presented in very good condition, this well-maintained residence is situated on a generous 581sqm (approx.) allotment, offering a rare combination of immediate comfort and exciting future upside. Inside, the home features three spacious, light-filled bedrooms and a functional central bathroom, providing a solid, move-in-ready foundation for those looking to enjoy the home as-is or eventually add their own contemporary flair. The true highlight of this property lies in its expansive backyard, a sprawling canvas that is becoming increasingly hard to find in the inner-north. Whether you envision a lush garden oasis, a modern extension to cater to a growing family, or even a multi-unit development, the sheer scale of the land ensures your investment is well-protected. The classic layout radiates a genuine sense of "home," with a welcoming living area that has been meticulously cared for over the years, serving as the heart of the residence.

Features

3 bedrooms
1 bathroom
4 carspaces
2 carport spaces
2 garage spaces
581 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 16 Nisbett Street is $920k.

Median value
$920k
Estimated value range
$624k - $1.7m
Median days on market
25
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Reservoir. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 16 Nisbett Street

2026
Sold
$780,000
25 Feb 2026 by Keb Nguyen, of Ray White Reservoir
2018
Rented
Undisclosed
Leased on 07 May 2018 by Ray White Reservoir
2015
Sold
$510,000
Private Sale/Treaty on 30 Mar 2015 by Sue Goulding, of Ray White Reservoir

Happy sellers in Reservoir

88%
88% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 114 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom houses in Reservoir

In the last 12 months, 289 three-bedroom houses similar to 16 Nisbett Street, have been sold.

This represents a 17% increase in three-bedroom houses sales when compared to the previous 12 months.

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