1019 High St, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces and was built in 1950. The property has a land size of 967m2 and floor size of 130m2. While the property is not currently for sale or for rent, it was last sold in September 2019.
This irresistibly rewarding property measuring some 963m2 (approx) is accompanied by planning permits for six dual level 2 bedroom townhouses. A series of designs covering a range of 1 and 2 bathroom formats, some with ensuites and study spaces, all with superb open-plan living/dining dimensions, exceptional kitchens, appealing outdoor surroundings and allocated car parking provides a vision for a fantastic future close to Donath Reserve and Ruthven station, within easy reach of tram routes, schools and shopping. Capture a Reservoir opportunity of un- paralleled potential, currently occupied by a traditional 3 bedroom home offering ideal live in or lease out scope while you put steps in place to execute the exceptional plans. Securing a significant strategic stake in a location offering such complete lifestyle convenience makes perfect sense as an investment/development opening defined by outstanding prospects .
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 28,943 properties. Over the last 5 years, Houses in Reservoir have seen a 19.48% increase in median value, while Units have seen a 14.48% increase. As at 31 January 2026:
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