102 Massey AvenueReservoir VIC 3073
Property Details for 102 Massey Ave, Reservoir
Last Listing description (January 2025)
Discover a fantastic opportunity with this 529 sqm parcel, perfect for developers or those looking to build their dream family home in the heart of the Merrilands Estate. Nestled next to LE Cotchin Reserve, this location offers the peace of a suburban setting while being close to quality schools like St Joseph Primary and William Ruthven Primary and Secondary, making it ideal for family life.
With convenient access to Mahoney's Road and nearby freeways, commuting is seamless, and the area's vibrant community amenities are right at your doorstep. Whether you envision a modern townhouse development or a home to be cherished for generations, this prime location presents endless potential. Land has potential development for 2 dwellings, permits are now expired (STCA).
Don't miss out on this rare opportunity!
*Land size has been provided by architect
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Land size sourced from land.vic.gov.au. This document has been prepared to assist solely in the marketing of this property. While all care has been taken to ensure the information provided herein is correct, Harcourts Rata & Co takes no responsibility for any inaccuracies. Accordingly all interested parties should make their own enquiries to verify the information, including and not limited to land size.
Property History for 102 Massey Ave, Reservoir, VIC 3073
- 22 Jan 2025Sold for $650,000
- 08 Nov 2024Listed for Sale $650,000
- 29 Apr 2024Listed for Rent $750 / week
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0About Reservoir 3073
The size of Reservoir is approximately 18.9 square kilometres. It has 45 parks covering nearly 8.8% of total area. The population of Reservoir in 2011 was 47,636 people. By 2016 the population was 50,455 showing a population growth of 5.9% 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 2011, 62.5% of the homes in Reservoir were owner-occupied compared with 59.3% in 2016.
Reservoir has 28,731 properties. Over the last 5 years, Houses in Reservoir have seen a 8.84% increase in median value, while Units have seen a 14.22% increase. As at 28 February 2025:
- The median value for Houses in Reservoir is $890,885 while the median value for Units is $601,375.
- Houses have a median rent of $540 while Units have a median rent of $500.
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