3 Oulton Crescent, Reservoir, VIC 3073 sold on 11 September 2026 | OnTheHouse
 
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Sold on 11 Sep 2026 for $900,000

3 Oulton Crescent
Reservoir VIC 3073

Bedrooms: 3
Bathrooms: 1
Car spaces: 1
Land area: 705m2
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Property Details for 3 Oulton Cres, Reservoir

3 Oulton Cres, Reservoir is a 3 bedroom, 1 bathroom House with 1 parking spaces. The property has a land size of 705m2. While the property is not currently for sale or for rent, it was last sold in September 2026. There are other 3 bedroom House sold in Reservoir in the last 12 months.

Building Type
House
Land Size
705m2

Last Listing description (September 2026)

Set on an expansive allotment of approximately 705sqm (approx.) with an impressive 16.7m frontage (approx.), 3 Oulton Crescent presents a rare opportunity for developers, investors and astute land bankers to capitalise on one of Melbourne's most rapidly transforming inner northern suburbs.

Whether you're considering a boutique multi-dwelling project, looking to renovate and add significant value, or simply seeking a quality investment with strong future upside, this is a property that offers flexibility today while positioning you for tomorrow.

Positioned within a neighbourhood experiencing significant reinvestment, Reservoir continues to evolve through ongoing public and private investment. Upgraded transport infrastructure, revitalised shopping precincts and streetscape improvements have accelerated the suburb's appeal, with Broadway and Edwardes Street emerging as vibrant lifestyle destinations and attracting new businesses, hospitality and residential development. The upgraded Reservoir Station, improved pedestrian connections and active transport links have further strengthened the area's liveability and connectivity.

The location is equally compelling:

Moments to Broadway's growing café and dining precinct
Close to Edwardes Street Village and local shopping
Easy access to Reservoir Station and city-bound transport
Minutes from Edwardes Lake Park and extensive recreational facilities
Close to quality schools, sporting reserves and community amenities
Approximately 12km from Melbourne's CBD

For developers, the dimensions and location provide an exciting opportunity to investigate the site's future potential (Subject to Council Approval). For investors, Reservoir's ongoing gentrification, improving amenity and sustained buyer demand continue to underpin its long-term appeal.

The existing residence has been well constructed and offers solid foundations, with generous proportions, a practical floorplan and enduring craftsmanship provide the ideal canvas to create a quality family home or investment, while generating rental income as future plans are explored.

Whether your vision is to renovate, lease, land bank or redevelop, 3 Oulton Crescent is the type of opportunity that rarely remains available for long.

Secure a substantial parcel in one of Melbourne's most exciting growth corridors and unlock the potential that awaits.

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Property History for 3 Oulton Cres, Reservoir, VIC 3073

A timeline of how this property has performed in the market
Last Sold
$900,000
11 Sep 2026
  • 11 Sep 2026
    Sold for $900,000
  • 06 Aug 2026
    Listed for Sale $900,000.00
  • 09 Oct 2012
    Listed for Sale $350,000 PLUS
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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 -3.25% decrease in median value, while Units have seen a 9.27% increase. As at 31 August 2026:

  • The median value for Houses in Reservoir is $936,038 while the median value for Units is $652,602.
  • Houses have a median rent of $600 while Units have a median rent of $540.
There are currently 119 properties listed for sale, and 91 properties listed for rent in Reservoir on OnTheHouse. According to Cotality's data, 1137 properties were sold in the past 12 months in Reservoir.

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Courteney Macleod
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© Copyright 2026. RP Data Pty Ltd trading as Cotality (Cotality). All rights reserved. No reproduction, distribution, or transmission of the copyrighted materials is permitted. The information is deemed reliable but not guaranteed.

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