Back 54 Lawley St
Off Market

54 Lawley St

Reservoir VIC 3073

805 m²
Land
Last sold for $820,000
Shaun SleimanShaun Sleiman, last sold this property on 17 July 2025 after 107 days on market.

Overview

Rare Land Opportunity of Untapped Potential

This expansive block of land, set on approximately 802m², presents a rare and exciting opportunity to build your ideal family home or future investment (STCA) in one of Melbourne's most vibrant and evolving suburbs. Perfectly positioned in a peaceful yet highly connected location, this allotment is within easy walking distance to St Joseph the Worker Primary School and just a short drive to Edwardes Park Lake, offering open green spaces, walking trails, and a family-friendly atmosphere. Reservoir continues to attract families, professionals, and investors alike thanks to its strong sense of community, established infrastructure, and seamless connectivity. The Western Ring Road and Reservoir Train Station are both nearby, providing easy access to the CBD and surrounding suburbs, while local shops, popular cafes, and multicultural eateries are all within reach. With its blend of suburban charm and urban convenience, Reservoir is a suburb on the rise - offering a lifestyle of comfort, connection, and long-term value. Opportunities like this are few and far between. Don't miss your chance - secure this remarkable allotment before it's gone!

Features

805 m² lot size
Land

Estimated Value

Based on this property and similar land plots sold in Reservoir over the last 12 months, the estimated median property value of 54 Lawley St is $1.1m.

Median value
$1.1m
Estimated value range
$670k - $1.15m
Median days on market
84
Estimated value trend
33%
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 54 Lawley St

2025
Sold
$820,000
17 Jul 2025 by Shaun Sleiman, of Sleiman Real Estate
2016
Sold
$603,000
19 Aug 2016 by Arthur Torpatzis, of Barry Plant 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 115 reviews in Reservoir over the last 12 months.

Local market activity for land plots in Reservoir

In the last 12 months, 5 land plots similar to 54 Lawley St, have been sold.

This represents a 40% increase in land plots sales when compared to the previous 12 months.

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