123 Reeve StreetSale VIC 3850
Property Details for 123 Reeve St, Sale
123 Reeve St, Sale is a 3 bedroom, 1 bathroom House with 8 parking spaces. The property has a land size of 1011m2. 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 Sale in the last 12 months.
Last Listing description (March 2026)
Offering outstanding future potential in one of Sale's most tightly held central pockets, this charming home situated on a 1011M2 (approx.) allotment presents a rare opportunity for buyers seeking location and long-term upside.
With concept plans already prepared for two units (STCA), the scale and positioning of this property set it apart — all just a short stroll from the heart of the Sale CBD, public transport and schools.
Beyond the development appeal, the existing home is comfortable, welcoming and combines character. with modern updates.
Set behind an inviting front façade with established gardens and trees, the interior showcases polished timber floors, high ceilings and neutral tones throughout.
A flexible floorplan includes a generous living room filled with natural light, complemented by reverse-cycle air conditioning, a ceiling fan, a cosy wood heater, and solar panels to help reduce ongoing energy costs, ensuring comfort year-round.
The practical kitchen offers ample storage, a gas upright cooker and a breakfast bench, flowing seamlessly to the adjoining dining space.
Accommodation includes three good-sized bedrooms, a study adjoining one — ideal for working from home or additional flexibility. The updated central bathroom features shower, vanity and toilet, supported by a separate laundry and a convenient second toilet.
Externally, vehicle access is excellent via a long concrete driveway leading to a substantial 18.0 x 6.0 powered garage, additional rooms ideal for a studio or hobby space, plus multiple carports.
Whether you're an investor, developer, or owner-occupier seeking a central Sale address with genuine future potential, this is a standout opportunity .
For Sale by Auction
Saturday 21st February 2026 at 11:00am – On Site
For a Due Diligence Checklist go to: consumer.vic.gov.au/duediligencechecklist
Property History for 123 Reeve St, Sale, VIC 3850
- 05 Mar 2026Sold for $550,000
- 22 Jan 2026Listed for Sale $570,000
- 04 Oct 2024Listed for Sale Price $649,000 - $699,000
Recent sales nearby
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0About Sale 3850
The size of Sale is approximately 46.0 square kilometres. There are 35 parks, covering nearly 2.8% of the total area. The population of Sale in 2016 was 13673 people. By 2021 the population was 14296 showing a population growth of 4.6% in the area during that time. The predominant age group in Sale is 30-39 years. Households in Sale are primarily childless couples and are likely to be repaying $1000 - $1399 per month on mortgage repayments. In general, people in Sale work in a professional occupation.In 2021, 64.50% of the homes in Sale were owner-occupied compared with 63.90% in 2016.
Sale has 8,981 properties. Over the last 5 years, Houses in Sale have seen a 48.39% increase in median value, while Units have seen a 41.16% increase. As at 30 June 2026:
- The median value for Houses in Sale is $577,935 while the median value for Units is $364,355.
- Houses have a median rent of $520 while Units have a median rent of $405.
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