14 Thackeray Road, Reservoir, VIC 3073 | House for sale | OnTheHouse
 
FOR SALE
Auction: $950,000 - $1,045,000

14 Thackeray Road
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 3
Land area: 696m2
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Auction Time
Sat 18 Jul 1:00 pm
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No upcoming inspections scheduled.
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Position, Potential and a Generous 696sqm Allotment

Occupying a substantial 696sqm (approx.) allotment in an established and highly sought-after Reservoir location, this property presents an outstanding opportunity for developers, investors and home buyers alike. Offering immediate comfort together with exciting future potential, the existing four-bedroom home can be enjoyed as is while plans for renovation, extension or redevelopment are considered (STCA).
The home comprises three well-proportioned bedrooms, a spacious lounge and a functional kitchen with adjoining meals area, providing a practical and comfortable setting for everyday living. Well maintained and immediately liveable, it offers buyers the flexibility to move straight in, lease out or gradually personalise and enhance over time.
For those looking beyond the existing residence, the generous 696sqm (approx.) landholding opens the door to a range of possibilities. With ample space and strong underlying land value, developers and builders may explore redevelopment opportunities, while families can take advantage of the sizeable allotment to create their dream home (STCA).
Secure off-street parking, a large backyard and a convenient location close to schools, shopping, parklands and public transport further enhance the appeal. Whether you're a home buyer seeking space and potential or a developer searching for your next project, 14 Thackeray Road, Reservoir represents an opportunity to secure a significant parcel of land in a thriving and well-connected neighbourhood.
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Property Details for 14 Thackeray Rd, Reservoir

14 Thackeray Rd, Reservoir is a 3 bedroom, 1 bathroom House with 3 parking spaces. The property has a land size of 696m2. The place is currently for sale with Ray White Reservoir.

Building Type
House
Land Size
696m2
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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% 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 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.

Reservoir has 29,138 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:

  • The median value for Houses in Reservoir is $957,158 while the median value for Units is $645,988.
  • Houses have a median rent of $590 while Units have a median rent of $530.
There are currently 129 properties listed for sale, and 72 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1210 properties were sold in the past 12 months in Reservoir.

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Arthur Torpatzis
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Eros Siciliano
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Ray White Reservoir
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