Back 7 Gloucester Street
Off Market

7 Gloucester Street

Reservoir VIC 3073

2
1
1
632 m²
House
Last sold for $1,000,000
Adam BassaniAdam Bassani, last sold this property on 05 February 2026 after 9 days on market.

Overview

Endless Possibilities on 632sqm (approx.)

Set on a generous allotment of approximately 632sqm in a tightly held Reservoir pocket, 7 Gloucester Street, Reservoir presents an opportunity where location, land and long-term potential align. Behind its classic frontage sits a two-bedroom, one-bathroom home offering immediate comfort while opening the door to future possibilities. Whether your vision is a considered renovation, a contemporary extension, or exploring development potential (STCA), this is a property that delivers flexibility on a block size that is increasingly hard to secure in such a well-regarded setting. The home features well-proportioned rooms, a practical floorplan and excellent natural light throughout - a strong foundation for those looking to update, enhance or personalise over time. Positioned in a quiet residential street, the location is a standout. Enjoy close proximity to parklands, local schools, public transport, cafés and shopping precincts, all within easy reach. With convenient access to major arterial roads and transport links, the CBD and Melbourne's vibrant inner-north lifestyle are easily accessible. Offering land, location and future flexibility in equal measure, this represents a compelling opportunity to secure a foothold in one of Reservoir's most consistently in-demand neighbourhoods.

Features

2 bedrooms
1 bathroom
1 carspace
1 garage space
632 m² lot size
House

Estimated Value

Based on this property and similar 2 bedroom houses sold in Reservoir over the last 12 months, the estimated median property value of 7 Gloucester Street is $800k.

Median value
$800k
Estimated value range
$470k - $1.85m
Median days on market
25
Estimated value trend
9%
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 7 Gloucester Street

2026
Sold
$1,000,000
05 Feb 2026 by Adam Bassani, of Ray White 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 2 bedroom houses in Reservoir

In the last 12 months, 67 two-bedroom houses similar to 7 Gloucester Street, have been sold.

This represents a 1% decrease in two-bedroom houses sales when compared to the previous 12 months.

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