59 Marchant Avenue
Reservoir, 3073 VIC
1960 house on a 650 m² block with 15m frontage.
Property Snapshot
1960House4 Bed2 Bath2 Off Street650 m² Land140 m² Internal15m Frontage
Investment Highlights
What makes 59 Marchant Avenue compelling from a buying and value-add perspective.
Market Status
Off Market
Land Size
650 m²
Frontage
15m
Zoning
GRZ2
Residential - Medium Density
Why Buyers Look At This One
Rare add-value profile — 1960 house on a 650 m² block and a 15m frontage.
Renovate upside — modest 140 m² internal area creates a clear renovation, extension or reconfiguration opportunity.
Walkable transport position — approx. 373m to bus, 748m to train station and 1.7km to schools.
Neighbourhood quality — strong owner occupier setting with low-turnover character housing nearby.
Property Snapshot
Core facts, planning controls and ownership history.
Bedrooms
4
Bathrooms
2
Parking
2 off-street
Internal Area
140 m²
Ownership & Value
Last Sold$880k
Sold DateMay 2026
Land Value—
RPD456\LP11318
Planning & Site
Property TypeResidential
AccessSingle Access
Height Limit—
Max Storeys—
Wide FrontageResidential
Pricing & Valuation
Guide, estimate and broader pricing context.
Price Estimate
$880k
VeryHigh Confidence
Suburb Median
$1.16M
House (4 Beds)
Tenure
0 Years
Since 2026
Capital Gain
—
Since 2026
Suburb Sale Price Median - House (4 Beds)
Rental Market
Yield, rental pricing and local leasing landscape.
Suburb Median
$700 Pw
House (4 Beds)
Rental Yield
3.1%
House (4 Beds)
Vacancy Rate
1.3%
House (4 Beds)
Rentals Last 12M
87
House (4 Beds)
Suburb Rental Price Median - House (4 Beds)
Planning & Risk Overlays
Important due diligence considerations for this property.
Flood Overlay Detected
No flooding known in this area
Other Overlays
Bushfire: Bushfire not available in this area. Please check with local council.. Heritage: No heritage known in this area. Biodiversity: No biodiversity known in this area.
Location & Connectivity
Access to transport, schools and local amenity around 59 Marchant Avenue.
Train Station
748m
Bus Stop
373m
Schools
1.7km
Road Type
residential
Transport: Easy access to nearby train station and frequent bus routes.
Lifestyle: Walking distance to local shops, parks and nearby dining precincts.
Positioning: Quiet residential street with strong owner occupier presence and limited turnover.
Neighbourhood Profile
Proximity to amenities and local context impacting livability.
Social Housing
26.3%Train Station
748mBus Stop
373mCentre Zone
182mRoad Type
residential (Low Noise)School Catchment
1.7kmReservoir Snapshot
Broader suburb metrics that support the local story.
Population
51,096
Owner Occupiers
60%
Social Housing
26.3%
Crime Index
—
Not available
Low Stock on MarketLow Vacancy
Explore Reservoir in more detail
Deep dive into growth, demand, demographics and comparable sales.
View Suburb Profile
