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136 Glasgow Avenue, ReservoirUNDER OFFER
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136 Glasgow Avenue

Reservoir, VIC 3073, Australia
UNDER OFFER
4 bed 1 bath 2 car899 m²

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Listing description

About this property

Perfectly positioned and sitting on approx. 899m2 (approx.), this much loved, brick veneer home offers exceptional flexibility for families and investors. Offered for the very first time, this elevated home is perfectly located in the heart of Reservoir. A truly prime home which features four generous bedrooms, a welcoming lounge, separate dining room, plus a spacious open-plan family and dining area adjoining a well-quipped kitchen with plenty of bench and storage space. From the four great size bedrooms and open-plan living, you will also find on offer a central bathroom along with heating, cooling, alarm and an outdoor covered area. Move in and enjoy immediately or update to create your dream family haven. Adding to its appeal you have a huge two car garage with the option to park more vehicles on site, along with a kitchenette, separate workshop with toilet, roller shutters and an abundance of space. All this along with the opportunity to develop. With schools, shops and transport minutes away, coupled with all the space, comfort, and versatility, this is a rare opportunity indeed in a lifestyle-rich Reservoir locale. Land Size: 899m2 (Approx.) Deposit: 10% Of The Purchase Price Settlement Preference: 30/45/60 Days Rental Assessment: $700 - $750 Per Week

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
4
Bathrooms
1
Parking
2
Land Area
899 m²
Listed
2 months ago

Repayment calculator

$4,164/month
$2,082 /fortnight
Loan $687,200 at 6.10% over 30 years

Price estimated from comparable nearby — edit below to use your own number

Upfront costs

Deposit$171,800
Stamp duty$46,610
Conveyancing (est.)$2,000
Total upfront$220,410
Verify with VIC revenue office →
Indicative figures only — not a quote. Real loan offers depend on the lender; duty depends on contract terms and applicable concessions.

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Neighbourhood

Living in Reservoir

This 4-bedroom house in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools.

Schools near Reservoir

  • Northern School For Autismcombined · U · CoEd
  • Holy Name Schoolprimary · Prep-6 · CoEd
  • Maharishi School of the Age of Enlightenmentprimary · Prep-6 · CoEd
  • Reservoir East Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Primary Schoolprimary · Prep-6 · CoEd
  • Reservoir Views Primary Schoolprimary · Prep-6 · CoEd

What's nearby

  • William Ruthven Secondary College (bus)1.8 km away
  • Unnamed967 m away
  • Edgars Creek Linear Reserve649 m away
  • Wat Ganbo Park731 m away
  • Tracey Reserve817 m away

Reservoir at a glance

Full suburb profile
Population
51,096
Median age
38
Household income
$1,541/wk
Median rent
$360/wk
Median mortgage
$1,986/mo

Source: ABS Census.

Due diligence

Property Report

Future Development

Complete

Reservoir is experiencing moderate development activity focused on transport-oriented intensification around the train station and Bell Street activity centre, with infill residential subdivisions and multi-unit developments progressively replacing older single dwellings. Council investment in schools and active transport infrastructure is supporting population growth and urban renewal, positioning the suburb as part of Melbourne's broader northern corridor development strategy.

Nearby projects

6

Closest

0.4 km

Commercial/Retail Renewal - Reservoir Shopping Centre Area

500m1km1.5km2kmCommercial/Retail Renewal - Reservoir Shopping Centre Area — 0.4 kmReservoir Station Precinct Renewal — 0.5 kmActive Transport Links Expansion — 0.6 kmResidential Intensification - Bell Street Corridor — 0.8 kmLocal Schools Infrastructure Upgrade — 1.2 kmRecent Residential Subdivisions - Edwardes Street — 1.5 km

Distance from this property is exact (rings = km). Direction is illustrative.

Commercial/Retail Renewal - Reservoir Shopping Centre Area

0.4 km
Mixed-useProposed

Modernisation and potential residential uplift above existing retail precincts to activate the neighbourhood centre.

400 m

Reservoir Station Precinct Renewal

0.5 km
Mixed-useProposed

Activity Centre improvement focusing on transport-oriented development around Reservoir train station with residential and commercial components.

2026-2028

500 m

Active Transport Links Expansion

0.6 km
InfrastructureUnder construction

Extension of local cycling networks and pedestrian pathways connecting Reservoir to neighbouring suburbs and the station precinct.

600 m

Residential Intensification - Bell Street Corridor

0.8 km
Residential (multi-unit)Under construction

Series of medium-density apartment and townhouse developments along the Bell Street activity centre strip.

800 m

Local Schools Infrastructure Upgrade

1.2 km
InfrastructureApproved

Darebin Council-funded expansion and modernisation of local primary and secondary schools to support population growth.

1.2 km

Recent Residential Subdivisions - Edwardes Street

1.5 km
Residential subdivisionCompleted

Infill housing development converting larger lots into townhouses and dual occupancy dwellings across several properties.

1.5 km
Source: StMate AI — VIC development trends06/05/2026
Disclaimer: This report combines data from Australian Government open data portals (CC-BY 4.0) and StMate AI. For non-NSW properties some sections (zoning, flood, bushfire, development, heritage) are AI-generated based on publicly known suburb characteristics — always verify with the relevant council or authority before making decisions. This report does not constitute legal, financial, or planning advice.

Suburb market

Suburb price trend

Reservoir price trend

Median sold · House 4 bed

Compound growth +2.2% / yr over 4 yrs

$1.11mcurrent median

Suburb-wide medians from sold listings — a guide to the area, not this specific property.

Full Reservoir market

This listing

Price history

Price history

Listing price changes

1 price change recorded for this property

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