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92 Rathcown Road, Reservoir$892,500
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92 Rathcown Road

Reservoir, VIC 3073, Australia
$850,000 – $935,000
3 bed 1 bath 4 car871 m²

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About this property

Offered to the market for the first time in many years, this much-loved weatherboard residence presents an exceptional opportunity for homebuyers, investors and developers alike. Set on a substantial 871m² (approx.) allotment in one of Reservoir's most convenient pockets, the possibilities are as exciting as they are endless. Retaining its original charm, the home offers three generous bedrooms, a central bathroom, and a spacious living area filled with natural light. Neat and comfortable throughout, it provides the perfect opportunity to renovate, lease out while planning your next move, or create your dream family home over time. Outside, the beautifully manicured gardens reflect years of pride in ownership, while the expansive backyard offers an abundance of open space rarely found today. A huge garage provides exceptional storage, workshop space or secure parking for multiple vehicles, making it ideal for tradies, car enthusiasts or those needing extra room for hobbies and equipment. For those with bigger ambitions, the true value lies in the land. With an impressive 871m² (approx.) allotment, this outstanding property offers incredible scope to redevelop or build multiple dwellings, subject to council approval (STCA). Whether you're an experienced developer or looking to secure a blue-chip landholding for the future, opportunities of this size and calibre are becoming increasingly scarce. Positioned within easy reach of schools, parklands, public transport, local shopping precincts and only moments from Reservoir's thriving lifestyle amenities, this is a location that continues to experience strong demand and outstanding long-term growth. Whether you're looking to renovate, rebuild or redevelop (STCA), this is a rare opportunity to secure a sizeable parcel of land with unlimited future potential in a highly sought-after Reservoir location.

Property Details

Property Type
house
Listing Type
For Sale
Bedrooms
3
Bathrooms
1
Parking
4
Land Area
871 m²
Listed
2 weeks ago

Repayment calculator

$4,327/month
$2,163 /fortnight
Loan $714,000 at 6.10% over 30 years

Upfront costs

Deposit$178,500
Stamp duty$48,620
Conveyancing (est.)$2,000
Total upfront$229,120
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 10% above the $815,000 median of 60 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

  • Hickford Street/Cheddar Road (bus)808 m away
  • milk bar1.5 km away
  • Cheddar Road East Linear Reserve764 m away
  • Frank Allen Arthur Dunstan Reserve767 m away
  • Cheddar Road East Linear Reserve779 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.

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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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