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14 Thackeray Road, Reservoir$997,500
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For Salehouse

14 Thackeray Road

Reservoir, VIC 3073, Australia
$950,000 – $1.04m
3 bed 1 bath 3 car696 m²

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About this property

Occupying a substantial 696sqm (approx.) allotment in an established and highly sought-after Reservoir location, this property presents an outstanding opportunity for developers, investors and home buyers alike. Offering immediate comfort together with exciting future potential, the existing four-bedroom home can be enjoyed as is while plans for renovation, extension or redevelopment are considered (STCA). The home comprises three well-proportioned bedrooms, a spacious lounge and a functional kitchen with adjoining meals area, providing a practical and comfortable setting for everyday living. Well maintained and immediately liveable, it offers buyers the flexibility to move straight in, lease out or gradually personalise and enhance over time. For those looking beyond the existing residence, the generous 696sqm (approx.) landholding opens the door to a range of possibilities. With ample space and strong underlying land value, developers and builders may explore redevelopment opportunities, while families can take advantage of the sizeable allotment to create their dream home (STCA). Secure off-street parking, a large backyard and a convenient location close to schools, shopping, parklands and public transport further enhance the appeal. Whether you're a home buyer seeking space and potential or a developer searching for your next project, 14 Thackeray Road, Reservoir represents an opportunity to secure a significant parcel of land in a thriving and well-connected neighbourhood.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
3
Land Area
696 m²
Listed
2 weeks ago

Repayment calculator

$4,836/month
$2,418 /fortnight
Loan $798,000 at 6.10% over 30 years

Upfront costs

Deposit$199,500
Stamp duty$54,863
Conveyancing (est.)$2,000
Total upfront$256,363
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 3-bedroom house in Reservoir, VIC 3073 sits within reach of public transport, local shops and nearby schools. It is listed 17% above the $850,000 median of 62 comparable houseswithin 5 km.

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

  • Ruthven station rail replacement stop (bus)1.7 km away
  • komotis.j2.1 km away
  • Cheddar Road East Linear Reserve1.2 km away
  • Cheddar Road East Linear Reserve1.5 km away
  • Cheddar Road East Linear Reserve1.7 km 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.

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Suburb market

Suburb price trend

Reservoir price trend

Median sold · House 3 bed

Compound growth -0.6% / yr over 4 yrs

$870kcurrent median

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

Full Reservoir market

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Price history

Price history

Listing price changes

1 price change recorded for this property

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