87 Rathcown RoadReservoir VIC 3073
Property Details for 87 Rathcown Rd, Reservoir
87 Rathcown Rd, Reservoir is a 2 bedroom, 1 bathroom House with 2 parking spaces and was built in 1960. The property has a land size of 743m2 and floor size of 95m2. While the property is not currently for sale or for rent, it was last sold in November 2024.
Last Listing description (November 2024)
SOLD BY Morrison Kleeman - Located in the thriving suburb of Reservoir, this large and versatile flat block of approximately 743 sqm offers endless possibilities. The existing weatherboard home is highly liveable, featuring three generous bedrooms, including a large master, a centralised bathroom, a spacious kitchen ideal for family meals, and a sun-drenched lounge that provides plenty of room for relaxing and entertaining.
A long driveway leads to a lock-up garage and additional garden shed, offering ample storage space and potential for a home workshop. The low-maintenance garden, complete with established fruit trees, creates a peaceful setting to enjoy the summer months.
For builders or developers, the property comes with approved plans and permits for three dwellings. These include two three-bedroom homes and one four-bedroom home. Designed for modern living by award-winning C. Kairouz Architects of Thornbury, each dwelling features double car garages, spacious interiors, and clever design elements that meet and exceed the expectations of todays market.
The home is currently tenanted, providing a steady income stream and flexibility for builders and developers to proceed at their own pace.
This is a rare opportunity to secure a property with potential for both immediate rental returns and long-term development gains.
So whether you plan to buy now and enjoy, build now or build later, this property is not to be missed, schedule an appointment to view today.
Property History for 87 Rathcown Rd, Reservoir, VIC 3073
- 08 Nov 2024Sold for $845,000
- 09 Oct 2024Listed for Sale ESR: $780,000 - $850,000
- 09 Mar 2021Listed for Rent $425 / week
Recent sales nearby
See more recent sales nearby/assets/perm/pz26dnf6omi6ncx7xufxsmyanu?signature=7d1b3995b5c185d88e3dad3a57489863e13b021810655a3cc2dee54851c2de1f){kind=logo}
0
/assets/perm/xfftrlrjgyi6zjnp4omn4j3gge?signature=babf68a914ae609682a5bb814ba53a7e857783c5dcd599300cdd00143a7365b8){kind=logo}
0
/assets/perm/cg25i7mrkqi6ta5xwwdkbnjt7u?signature=05bcea5d354b0b6d6766ba4a81f42eea96914da2897af2311f34dcef8b670dce){kind=logo}
0
Similar properties For Sale nearby
See more properties for sale nearby
0
0
0Similar properties For Rent nearby
See more properties for rent nearby
0
0
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 29,006 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
Market Insights
Reservoir Trends for Houses
N/A
N/A
View TrendN/A
N/A
Reservoir Trends for Units
N/A
N/A
View TrendN/A
N/A
Neighbourhood Insights
© 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.
While Cotality uses commercially reasonable efforts to ensure the Cotality Data is current, Cotality does not warrant the accuracy, currency or completeness of the Cotality Data and to the full extent permitted by law excludes all loss or damage howsoever arising (including through negligence) in connection with the Cotality Data.
This product uses cookies and other similar technologies to improve and customise your browsing experience, to tailor content and adverts, and for analytics and metrics regarding visitor usage on this product and other media. We may share cookie and analytics information with third parties for the purposes of advertising. By continuing to use our website, you consent to cookies being used. View our Privacy Policy here.
X
