12 Yarra Ave, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 675m2 and floor size of 115m2. While the property is not currently for sale or for rent, it was last sold in October 2026. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Positioned directly opposite Reservoir East Primary School and set on a generous 675m (approx.) allotment, this original three-bedroom home presents an outstanding opportunity for developers, renovators and astute buyers looking to unlock its full potential.
The existing residence comprises three well-sized bedrooms, a central bathroom, separate toilet, single car shed and roller shutters, providing a solid foundation for those looking to renovate, refresh or reimagine the home.
For developers, the generous landholding offers exciting possibilities, while renovators will appreciate the opportunity to transform the existing home into a modern family residence while capitalising on the substantial block size.
Perfectly positioned just 13km north of Melbourne CBD and approximately 2km from Reservoir Train Station, with the convenience of schools, transport, shops and local amenities all within easy reach.
Whether you're looking for your next development project, a rewarding renovation or a property with future potential, this is an opportunity not to be overlooked.
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 29,136 properties. Over the last 5 years, Houses in Reservoir have seen a -6.63% decrease in median value, while Units have seen a 7.34% increase. As at 30 September 2026:
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