26 Erskine AvenueReservoir VIC 3073
Property Details for 26 Erskine Ave, Reservoir
26 Erskine Ave, Reservoir is a 3 bedroom, 1 bathroom House with 6 parking spaces. The property has a land size of 700m2. While the property is not currently for sale or for rent, it was last sold in November 2025. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (November 2025)
An outstanding opportunity presents itself with this prime property, complete with planning permit approved for four architecturally designed townhouses on approximately 700sqm of land. Ideally positioned in a thriving and highly sought-after pocket, it's a rare chance for developers, investors, or astute buyers to secure a project with significant future growth potential.
The existing residence offers three generous bedrooms, a central bathroom, a spacious backyard, and a wide side driveway leading to a garage. Currently leased, it delivers a
reliable rental return while you prepare for future development (STCA).
A versatile mix of modern townhouses:
*-Townhouse 1: 3 bedrooms, 2 bathrooms, 1 garage with private driveway
*-Townhouse 2: 2 bedrooms, 2 bathrooms, 1 garage
*-Townhouse 3: 2 bedrooms, 1 bathroom, 1 garage
*-Townhouse 4: 3 bedrooms, 2 bathrooms, 1 car space
Superbly located within walking distance to Summerhill Shopping Centre (approx. 400m) and just moments from Northland Shopping Centre, Broadway shopping strip, Reservoir Station, La Trobe University, and Tram 86, the property ensures lifestyle convenience and excellent rental appeal.
Whether you choose to develop or landbank for the future, this is a rare offering in one of Reservoir's most desirable locations.
Currently leased month to month and return $26,076 p/a
Important Information:
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Material Facts: Refer to the Contract of Sale and Vendor Statement for all disclosures.
While every effort has been made to ensure the accuracy of the information provided, Ray White Thomastown does not accept any liability for errors or omissions. Interested parties are advised to conduct their own investigations to confirm all details, including land size.
Property History for 26 Erskine Ave, Reservoir, VIC 3073
- 11 Nov 2025Sold for $982,000
- 01 Sep 2025Listed for Sale Private Sale: $950,000 - $1,000,000
- 16 Jul 2024Listed for Rent $500 / week
Recent sales nearby
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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 29,150 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
- The median value for Houses in Reservoir is $949,204 while the median value for Units is $650,197.
- Houses have a median rent of $600 while Units have a median rent of $538.
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