54 Lawley StreetReservoir VIC 3073
Property Details for 54 Lawley St, Reservoir
Last Listing description (August 2025)
This expansive block of land, set on approximately 802m, presents a rare and exciting opportunity to build your ideal family home or future investment (STCA) in one of Melbourne's most vibrant and evolving suburbs. Perfectly positioned in a peaceful yet highly connected location, this allotment is within easy walking distance to St Joseph the Worker Primary School and just a short drive to Edwardes Park Lake, offering open green spaces, walking trails, and a family-friendly atmosphere. Reservoir continues to attract families, professionals, and investors alike thanks to its strong sense of community, established infrastructure, and seamless connectivity. The Western Ring Road and Reservoir Train Station are both nearby, providing easy access to the CBD and surrounding suburbs, while local shops, popular cafes, and multicultural eateries are all within reach. With its blend of suburban charm and urban convenience, Reservoir is a suburb on the rise - offering a lifestyle of comfort, connection, and long-term value.Opportunities like this are few and far between. Don't miss your chance - secure this remarkable allotment before it's gone!
Property History for 54 Lawley St, Reservoir, VIC 3073
- 19 Jul 2025Sold for $820,000
- 01 Apr 2025Listed for Sale Private Sale - Contact Agent
- 07 Sep 2018Listed for Sale Not Disclosed
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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 29,148 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.
Suburb Insights for Reservoir 3073
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