Back 8/86-88 Royal Parade
Off Market

8/86-88 Royal Parade

Reservoir VIC 3073

1
1
1
Townhouse
Last sold for $515,000
Joe VicinoJoe Vicino, last sold this property on 05 May 2026 after 8 days on market.

Overview

Expressions of Interest Closing 26th May at 5pm

Contemporary comfort with seamless indoor-outdoor living Boasting a strong contemporary character, this low-maintenance residence combines quality fixtures and fittings with polished timber floorboards, split-system heating and cooling, and an abundance of natural light throughout. Striking architectural details and a clever use of space enhance the home's modern appeal, creating a stylish yet highly functional environment. Designed with effortless living in mind, the expansive open-plan layout allows for a seamless connection between indoor and outdoor zones, making it ideal for entertaining or everyday relaxation. At the heart of the home, the sleek kitchen is appointed with stainless steel appliances and ample storage, ensuring both practicality and style for any home cook. Perfectly positioned for convenience, the property offers excellent access to St Stephens Primary School, Reservoir Village shops, Reservoir train station and the Reservoir Leisure Centre, delivering a lifestyle of ease and accessibility.

Features

1 bedroom
1 bathroom
1 carspace
Townhouse

Estimated Value

Based on this property and similar 1 bedroom townhouses sold in Reservoir over the last 12 months, the estimated median property value of 8/86-88 Royal Parade is $496.5k.

Median value
$496.5k
Estimated value range
$345k - $515k
Median days on market
19
Estimated value trend
6%
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 8/86-88 Royal Parade

2026
Sold
$515,000
Private Sale/Treaty on 05 May 2026 by Joe Vicino, of Jellis Craig Moonee Valley
2025
Sold
$491,000
27 Jan 2025 by George Gimelli, of Ray White Preston
2022
Rented
Undisclosed
Leased on 05 May 2022 by Ray White Reservoir

Happy sellers in Reservoir

87%
87% 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 109 reviews in Reservoir over the last 12 months.

Local market activity for 1 bedroom townhouses in Reservoir

In the last 12 months, 4 one-bedroom townhouses similar to 8/86-88 Royal Parade, have been sold.

This represents a 150% decrease in one-bedroom townhouses sales when compared to the previous 12 months.

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