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Images and floorplans are provided for illustrative purposes and remain the property of their respective copyright owners.

Location
Market Insights for South Morang VIC 3752
New Listings (last 30 days)
21
Average price
$961,948
Lowest price
$490,000
Highest price
$2,750,000
Other properties in this postcode

54 Reid Street, South Morang VIC 3752

$750,000 - $790,000

Listed: 11 days ago
Updated: 2 days ago
Overview

This property at 54 Reid Street presents a unique opportunity seldom found in the South Morang growth corridor, being offered for sale for the first time in 44 years. The substantial rectangular allotment of approximately 761 square metres offers impressive dimensions of 16.8 metres frontage and 45.5 metres depth, providing ample space for a variety of uses and future potential, subject to council approval.

The existing residence is thoughtfully configured across two levels, with a total of five bedrooms and two bathrooms. The downstairs includes three bedrooms and two bathrooms, ideal for accommodating family members or guests, while upstairs hosts a generous living area along with two additional bedrooms, creating flexibility for various household arrangements.

Enhancing the lifestyle appeal is a spacious undercover decked entertaining area, which seamlessly connects indoor and outdoor living spaces, perfect for relaxing or hosting gatherings. The property further benefits from an exceptional vehicle accommodation setup with a huge garage and carport, supplemented by a long side driveway that allows for numerous off-street parking options.

  • The generous parking configuration caters to multiple vehicles, boats, caravans, trailers or work vehicles, making it especially attractive for tradies, vehicle enthusiasts, or those with substantial storage needs.
  • This sizable parcel stands out not only for its current functionality but also for its potential future development possibilities, appealing to owner-occupiers, renovators, tradies and developers alike.

Overall, 54 Reid Street offers a rare combination of land, location and development potential, ideally suited to buyers seeking space and flexibility within a thriving community. Whether planning to renovate the current home, accommodate a growing household, or explore development opportunities, this property represents a compelling prospect in one of Melbourne’s sought-after suburbs.

Local Market Insights

In South Morang, Quiet Listings observed 21 new houses entering the market over the last 30 days, down from 23 during the previous 30-day period, with an average advertised asking price of $961,948. The property type mix of listed properties is predominantly Houses at 62%, followed by units (15%), and townhouses (15%). The most active agency for houses in the South Morang area is currently Ray White, representing 57% of new listings, followed by Harcourts with 14%. These insights are based on agencies currently monitored by Quiet Listings and are updated as the local market changes.

While every effort is made to ensure the accuracy and completeness of the property information provided, no guarantee is given. Buyers should independently verify all details, inclusions, availability, pricing, and other relevant information directly with the listing agent before relying on this information.

Open for Inspections

Upcoming inspection times scheduled in the next 14 days.

5:00 PM - 5:30 PM AEDT
12:00 PM - 12:30 PM AEDT
5:00 PM - 5:30 PM AEDT
11:30 AM - 12:00 PM AEDT

This property has had 4 previous open for inspections. Schedules can change at late notice, please confirm times with the selling agent before attending an open home.