21 Taylor Avenue, Reservoir, VIC 3073 sold on 18 December 2024 | OnTheHouse
SOLD
Sold on 18 Dec 2024 - Price Unavailable

21 Taylor Avenue
Reservoir VIC 3073

Bedrooms: 2
Bathrooms: 1
Car spaces: 4
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Property Details for 21 Taylor Ave, Reservoir

21 Taylor Ave, Reservoir is a 2 bedroom, 1 bathroom House with 4 parking spaces. While the property is not currently for sale or for rent, it was last sold in December 2024. There are other 2 bedroom House sold in Reservoir in the last 12 months.

Building Type
House

Last Listing description (December 2024)

Attention Developers and Renovators! This is your chance to secure a property with endless potential at 21 Taylor Ave, Reservoir. With a 2-bedroom home on a generous block, this property is perfect for those looking to renovate, extend, or redevelop in a highly sought-after area.

• 2 Bedrooms: A solid foundation for renovation, with great scope to modernize or expand to suit your needs.
• Prime Development Opportunity: Whether you choose to renovate the existing structure or demolish and rebuild, this property offers incredible potential for developers and renovators alike (STCA).

• Large Block Size: Ample space for extensions or to explore subdivision options, subject to council approval.
• Fantastic Location: Just moments from local shops, Reservoir Train Station, schools, and parks, making it a convenient and desirable location for future buyers or tenants.
• Solid Investment Potential: With the area's strong growth and demand for quality properties, this is a prime opportunity to create a property that suits modern living needs.

The Possibilities:
• Renovate and Extend: Update the existing 2-bedroom home to create a stylish, modern space.
• Redevelop (STCA): With a generous land size, this property is perfect for a multi-unit development or new build that will appeal to the growing market.
• Add Value: With some creative vision, transform this property into a standout home or investment property that capitalizes on the area's potential.

Don't Miss Out! This property is perfect for those looking for a project with big rewards. Whether you're a first-time renovator, developer, or seasoned investor, 21 Taylor Ave has the potential to deliver excellent returns.

Property History for 21 Taylor Ave, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
18 Dec 2024
  • 12 Dec 2024
    Sold for $795,000
  • 06 Dec 2024
    Listed for Sale UNDER OFFER
  • 20 Sep 2006
    Sold for $200,000
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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 28,940 properties. Over the last 5 years, Houses in Reservoir have seen a 19.99% increase in median value, while Units have seen a 15.48% increase. As at 30 November 2025:

  • The median value for Houses in Reservoir is $970,763 while the median value for Units is $639,892.
  • Houses have a median rent of $550 while Units have a median rent of $510.
There are currently 102 properties listed for sale, and 85 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1255 properties were sold in the past 12 months in Reservoir.

Suburb Insights for Reservoir 3073

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Leon Phillips
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Daniel Kosmidis
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Ray White Northcote
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Cotality Copyright and Legal Disclaimers about Property Data
Disclaimer
The Cotality Data provided in this publication is of a general nature and should not be construed as specific advice or relied upon in lieu of appropriate professional advice.

While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.