778 Plenty RoadReservoir VIC 3073
Property Details for 778 Plenty Rd, Reservoir
778 Plenty Rd, Reservoir is a 3 bedroom, 1 bathroom House with 2 parking spaces. The property has a land size of 835m2. While the property is not currently for sale or for rent, it was last sold in June 2025. There are other 3 bedroom House sold in Reservoir in the last 12 months.
Last Listing description (June 2025)
Seize the opportunity to secure this prime corner allotment of 834.7sqm (approx.), strategically positioned in a Growth Zone Schedule 1 (STCA). This versatile property offers multiple pathways to maximize your investment:
1. Development Potential:
-Build multiple units to capitalize on the growing demand for modern residences in a sought-after location (STCA).
2. Business or Commercial Use:
-Establish a business, medical clinic, or childcare center under the NDIS framework (STCA).
3. Prime Location:
-Positioned directly in front of the Plenty Road tram 86, providing seamless connectivity.
-Moments away from La Trobe University, Northland Shopping Centre, and Summerhill Shopping Centre, ensuring high visibility and foot traffic.
Whether you're an investor aiming for early retirement or a developer seeking a profitable project, this property is a rare find with exceptional potential.
Enquire now to secure your place in this high-growth precinct.
Property History for 778 Plenty Rd, Reservoir, VIC 3073
- 24 Sep 2025Listed for Rent $570 / week
- 21 Jun 2025Sold for $1,100,000
- 27 May 2025Listed for Sale Auction: $900,000 - $990,000
Recent sales nearby
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0About 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 29,007 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:
- The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
- Houses have a median rent of $570 while Units have a median rent of $525.
Suburb Insights for Reservoir 3073
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