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Back 3/206 Spring St
Off Market

3/206 Spring St

Reservoir VIC 3073

2
1
1
134 m²
Unit
Last sold for $523,000
Alastair SurteesAlastair Surtees, last sold this property on 21 September 2025 after 47 days on market.

Overview

Effortless Living in a Location That Delivers

A compelling combination of comfort, practicality and location, this well-maintained single-level villa unit represents an outstanding opportunity for first home buyers, downsizers and investors seeking a property that offers both immediate appeal and future potential. Positioned within a tightly held group and just moments from Reservoir's key lifestyle amenities, this home provides a low-maintenance living experience without compromise. Stepping inside, you are welcomed into a spacious living room that captures natural light and offers a warm, inviting atmosphere. This flows seamlessly through to a generously sized kitchen and meals area, designed with functionality in mind. The kitchen features abundant cabinetry and bench space, making it ideal for daily living or casual entertaining, with easy access to the private rear courtyard. Accommodation comprises two well-proportioned bedrooms, each fitted with built-in robes and positioned to maximise privacy. These are serviced by a central bathroom complete with separate shower and bathtub - a rare and practical feature - along with a separate toilet and a full laundry, further enhancing the home's livability. Outdoors, the courtyard offers a quiet and secure space that's perfect for enjoying morning coffee, hosting guests, or creating a small garden oasis. The property also includes a single lock-up garage with direct access to the rear yard, ensuring both convenience and peace of mind. With its easy-care layout, secure setting and well-maintained presentation, this residence provides excellent scope for further cosmetic enhancements over time, allowing new owners to personalise and add value at their own pace. The location is another major highlight. Just a short stroll to Reservoir Train Station, Edwardes Street shopping strip, and popular local cafes, you'll enjoy exceptional access to daily essentials, public transport, green spaces, and community facilities. Edwardes Lake Park, schools, medical centres and recreational options are all close at hand, further reinforcing the property's appeal as a long-term investment or lifestyle choice. Whether you are entering the market, adding to your portfolio, or seeking a simpler way of life, this is an opportunity not to be missed. Key features: - Two spacious bedrooms with built-in robes - Central bathroom with both shower and bath - Functional kitchen and meals area with excellent storage - Spacious living room with excellent natural light - Separate toilet and full-size laundry - Private, low-maintenance courtyard - Lock-up garage with access to courtyard - Secure, single-level layout in a quiet group Location benefits: - Only 600m (approx.) to Reservoir Station - Walking distance to Edwardes Street shops, cafes and amenities - Close to Edwardes Lake Park, local schools and public transport - Easy access to the CBD via train or arterial roads A well-rounded home in a premium position - inspect with confidence.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
134 m² lot size
Unit

Estimated Value

Based on this property and similar 2 bedroom units sold in Reservoir over the last 12 months, the estimated median property value of 3/206 Spring St is $622.5k.

Median value
$622.5k
Estimated value range
$158k - $800k
Median days on market
25
Estimated value trend
13%
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 3/206 Spring St

2025
Sold
$523,000
21 Sep 2025 by Alastair Surtees, of Ray White Reservoir
2017
Sold
$415,000
Sold Before Auction on 14 Sep 2017 by Ian Dempsey, of Ray White Preston
2017
Sold
Undisclosed
Sold Before Auction on 13 Sep 2017 by Kannan Subramanian, of Love & Co Real Estate - 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 113 reviews in Reservoir over the last 12 months.

Local market activity for 2 bedroom units in Reservoir

In the last 12 months, 105 two-bedroom units similar to 3/206 Spring St, have been sold.

This represents a 18% increase in two-bedroom units sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Reservoir

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Ian Dempsey

Ian Dempsey is an award winning recommended agent for Reservoir.  They have 74 local sales and collected 32 local reviews across the last 12 months.

  •   4.9   (492 reviews)
  •  32 Reviews in Reservoir
  •  74 Sales in Reservoir
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George Gimelli

George Gimelli is a recommended agent for Reservoir.  They have 27 local sales and collected 9 local reviews across the last 12 months.

  •   5   (47 reviews)
  •  9 Reviews in Reservoir
  •  27 Sales in Reservoir
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Alastair Surtees

Alastair Surtees is a recommended agent for Reservoir.  They have 63 local sales and collected 7 local reviews across the last 12 months.

  •   5   (83 reviews)
  •  7 Reviews in Reservoir
  •  63 Sales in Reservoir
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George Ioannou

Sellers who recommend George Ioannou have praised them for being clear communication, local expert, supportive, honest, dedicated, responsive and friendly

  •   4.9   (187 reviews)
  •  7 Reviews in Reservoir
  •  13 Sales in Reservoir
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