Back 26 Erskine Ave
Off Market

26 Erskine Ave

Reservoir VIC 3073

3
1
6
700 m²
House
Last sold for $982,000
Tan NguyenTan Nguyen, last sold this property on 13 November 2025 after 73 days on market.

Overview

Planning Permit Approved, Location Secured, Potential Unlimited

An outstanding opportunity presents itself with this prime property, complete with planning permit approved for four architecturally designed townhouses on approximately 700sqm of land. Ideally positioned in a thriving and highly sought-after pocket, it's a rare chance for developers, investors, or astute buyers to secure a project with significant future growth potential. The existing residence offers three generous bedrooms, a central bathroom, a spacious backyard, and a wide side driveway leading to a garage. Currently leased, it delivers a reliable rental return while you prepare for future development (STCA). A versatile mix of modern townhouses: *-Townhouse 1: 3 bedrooms, 2 bathrooms, 1 garage with private driveway *-Townhouse 2: 2 bedrooms, 2 bathrooms, 1 garage *-Townhouse 3: 2 bedrooms, 1 bathroom, 1 garage *-Townhouse 4: 3 bedrooms, 2 bathrooms, 1 car space Superbly located within walking distance to Summerhill Shopping Centre (approx. 400m) and just moments from Northland Shopping Centre, Broadway shopping strip, Reservoir Station, La Trobe University, and Tram 86, the property ensures lifestyle convenience and excellent rental appeal. Whether you choose to develop or landbank for the future, this is a rare offering in one of Reservoir's most desirable locations. Currently leased month to month and return $26,076 p/a Important Information: For details on property due diligence, please visit: consumer.vic.gov.au/duediligencechecklist To view our Privacy Policy and Collection Notice, visit: raywhite.com/franchisee-privacy-policy Material Facts: Refer to the Contract of Sale and Vendor Statement for all disclosures. While every effort has been made to ensure the accuracy of the information provided, Ray White Thomastown does not accept any liability for errors or omissions. Interested parties are advised to conduct their own investigations to confirm all details, including land size.

Features

3 bedrooms
1 bathroom
6 carspaces
4 open car spaces
2 garage spaces
700 m² lot size
House

Estimated Value

Based on this property and similar 3 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 26 Erskine Ave is $920k.

Median value
$920k
Estimated value range
$624k - $1.7m
Median days on market
25
Estimated value trend
5%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Reservoir. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 26 Erskine Ave

2025
Sold
$982,000
13 Nov 2025 by Tan Nguyen, of Ray White Thomastown
2024
Rented
Undisclosed
Leased on 21 Aug 2024 by Ray White Thomastown
2017
Sold
$835,000
Auction Sale on 09 Dec 2017 by Sasha Petroska, of Harcourts Rata & Co - Reservoir

Happy sellers in Reservoir

88%
88% of sellers in Reservoir reported that their sale price either exceeded or met their price expectations.

Reservoir stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 114 reviews in Reservoir over the last 12 months.

Local market activity for 3 bedroom houses in Reservoir

In the last 12 months, 288 three-bedroom houses similar to 26 Erskine Ave, have been sold.

This represents a 16% increase in three-bedroom houses sales when compared to the previous 12 months.

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