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7 Gloucester Street
RESERVOIR Victoria 3073

Auction: $900,000 - $990,000
Search Price: $900,000
2
Bed
1
Bath
1
Cars
Property Type: House
Last Updated: 27 Jan 2026
Overview

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.

Location
7 Gloucester Street
RESERVOIR Victoria 3073 T
Market Insights for Reservoir Victoria 3073
New Listings (last 30 days)
8
Average price
$715,000
Lowest price
$500,000
Highest price
$1,300,000
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