19 Royal Parade, Reservoir, VIC 3073 | House for sale | OnTheHouse
 
FOR SALE
Auction: $880,000 - $968,000

19 Royal Parade
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 2
Car spaces: 2
Land area: 581m2
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Auction Time
Sat 6 Dec 12:00 pm
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A Rare Corner Gem In The Heart Of Reservoir!

Prized corner blocks rarely surface in Reservoir's buzzing heart. With 581sqm (approx.) of potential-rich land at your disposal, along with a sought-after dual-street frontage to Royal Parade and Cuthbert Road and strong development precedents in the area, this outstanding opportunity presents compelling fundamentals for developers seeking multi-dwelling potential (STCA) in an unbeatable lifestyle location!
Alternatively, the well-maintained classic brick home offers families a genuine blank canvas in original condition. The thoughtful layout introduces a generous formal lounge flowing into spacious dining and a well-appointed kitchen, two large bedrooms with built-in robes and central bathroom, plus two bright sunrooms and a substantial rumpus (convertible to third bedroom if the need arises) with access to a second bathroom and a large outdoor entertaining area.
As for the location, it doesn't get any better - or more convenient! Broadway shops and cafes, the popular Edwardes Street shopping and dining strip, Reservoir Leisure Centre, and Reservoir train station are footsteps away, while the Darebin Creek Trail, Edwardes Lake Park, schools, Plenty Road trams, La Trobe University and Northland are only minutes away.
Complete with lock-up garage via Cuthbert Road, opportunities combining outstanding corner development potential (STCA), liveability and a five-star lifestyle location are increasingly rare. Inspect without delay!
- Timber floorboards under carpet
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Property Details for 19 Royal Pde, Reservoir

19 Royal Pde, Reservoir is a 3 bedroom, 2 bathroom House with 2 parking spaces. The property has a land size of 581m2. The place is currently for sale with Ray White Reservoir.

Building Type
House
Land Size
581m2
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About Reservoir 3073

The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of 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 28,937 properties. Over the last 5 years, Houses in Reservoir have seen a 25.20% increase in median value, while Units have seen a 15.10% increase. As at 31 October 2025:

  • The median value for Houses in Reservoir is $978,475 while the median value for Units is $639,872.
  • Houses have a median rent of $550 while Units have a median rent of $503.
There are currently 127 properties listed for sale, and 84 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1270 properties were sold in the past 12 months in Reservoir.

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Keb Nguyen
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Massimo Barbanera
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Ray White Reservoir
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