Back 85 Rathcown Rd
Off Market

85 Rathcown Rd

Reservoir VIC 3073

2
1
2
739 m²
House
Last sold for $845,000
Chris MichaelChris Michael, last sold this property on 14 May 2026 after 15 days on market.

Overview

Large land, approved plans and a sought-after location - all the elements of an exceptional opportunity

An exceptional opportunity awaits with approved plans for three architecturally designed townhouses, offering a ready-made development in a high-demand location. The endorsed project comprises: Townhouse 1: 3 bedroom, 2.5 bathrooms, dedicated study and a double garage Townhouse 2: 3 bedroom, 2.5 bathrooms, retreat/study space, and double garage Townhouse 3: 4 bedroom including a ground-floor bedroom, 3 bathrooms, and double garage Set on an impressively large allotment of approximately 739sqm, the current residence features 2 generous bedrooms, a centrally renovated bathroom, a functional kitchen with adjoining meals area, and a separate rear living zone ideal for family living. Additional highlights include Coonara heating for cosy winters, ceiling fans throughout, a full-sized laundry, and a substantial backyard complete with a bungalow and a garage/workshop, all accessible via a convenient side driveway. Perfectly positioned in a sought-after pocket of Reservoir, you're within easy reach of St Stephens Primary School, Broadway shopping precinct, Reservoir Station, local bus services, Reservoir Leisure Centre, and Northland Shopping Centre. Whether you choose to move in, lease out for immediate returns, or capitalise on the approved development, this is a rare chance to secure a large landholding with exciting future potential.

Features

2 bedrooms
1 bathroom
2 carspaces
2 open car spaces
739 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 85 Rathcown Rd is $805k.

Median value
$805k
Estimated value range
$470k - $1.85m
Median days on market
25
Estimated value trend
10%
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 85 Rathcown Rd

2026
Sold
$845,000
14 May 2026 by Chris Michael, of McGrath Northcote
2021
Rented
Undisclosed
Leased on 30 Jun 2021 by RT Edgar Northside
2019
Sold
$650,000
09 Apr 2019 by Rocco Raco, of Ray White Mill Park

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 2 bedroom houses in Reservoir

In the last 12 months, 68 two-bedroom houses similar to 85 Rathcown Rd, have been sold.

This represents a 3% decrease in two-bedroom houses sales when compared to the previous 12 months.

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