47 Lane CrescentReservoir VIC 3073
Property Details for 47 Lane Cres, Reservoir
47 Lane Cres, Reservoir is a 3 bedroom, 1 bathroom House with 5 parking spaces. The property has a land size of 636m2. While the property is not currently for sale or for rent, it was last sold in March 2026. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (March 2026)
Perfectly positioned in a well-connected and highly sought-after pocket of Reservoir, 47 Lane Crescent presents an outstanding opportunity for home buyers, investors and developers alike. Located within a short distance to Broadway's vibrant cafés and shops, Reservoir Station and the 86 tram, this address offers everyday convenience with exceptional long-term potential.
Set on a substantial 636sqm (approx.) allotment, the home itself is move-in ready and filled with warmth and character. Inside, you will find three spacious bedrooms serviced by a central bathroom, along with a stunning living area enhanced by beautiful features that create a welcoming focal point. Hardwood floors flow throughout, adding timeless appeal, while split system heating and cooling ensure year-round comfort. A full-size laundry further enhances functionality for families and tenants alike.
Outdoors, the property continues to impress with a double garage and additional off-street parking, providing ample space for multiple vehicles, trades, trailers or recreational equipment. The generous backyard further enhances the appeal, offering plenty of room for entertaining, future extensions or redevelopment.
For home buyers, this is a property that offers immediate comfort with the flexibility to update, extend or personalise over time. For investors and developers, the expansive landholding presents exciting scope for future development or multi-dwelling potential (STCA). Whether you are looking to land bank, build new or capitalise on a high-growth location, this is an opportunity not to be overlooked.
In a location that continues to thrive thanks to its transport links, lifestyle amenities and strong community appeal, 47 Lane Crescent is a smart move today with rewarding potential for tomorrow.
Property History for 47 Lane Cres, Reservoir, VIC 3073
- 12 Mar 2026Sold for $840,000
- 24 Feb 2026Listed for Sale Under Offer
- 19 Jun 2024Sold for $710,000
Recent sales nearby
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0About 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 29,007 properties. Over the last 5 years, Houses in Reservoir have seen a 4.72% increase in median value, while Units have seen a 12.44% increase. As at 31 May 2026:
- The median value for Houses in Reservoir is $969,613 while the median value for Units is $643,747.
- Houses have a median rent of $580 while Units have a median rent of $530.
Suburb Insights for Reservoir 3073
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