Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started
Districts
SuburbsBlogSearch
|My DistrictsMy AreasSavedAlerts
Sign inGet started

VIC › Narre Warren North › Reservoir Rd

2-4 Reservoir Rd, Narre Warren North VIC 3804

For saleRural Property

For sale

For sale

3

Bedrooms

1

Bathrooms

0

Car spaces

26,709.252 m²

Land

Districts ViewPrice evidencePlanningSite constraintsHistoryListing

Districts View

This is on the market — is it worth your time?

Why this ask?

  • FactListed for sale — no asking price recorded(Listing record · 6 Feb 2026)
  • FactLand 26,709 m²; no building size recorded.(Property record)

What could make it worth more?

No upside evidence detected in the data Districts holds for this lot.

What could make it worth less?

No detected risks — but see the checklist: absence of evidence is not an all-clear.

What should you verify next?

  1. 1Official planning layers are still retrieving for this parcel — check back before relying on zoning or overlay absence.
  2. 2No hazard layer has been retrieved — confirm flood, bushfire and heritage exposure from council mapping before an offer.

Each line above is labelled. A fact is quoted from the named source, with its date. A calculation is worked out by Districts from those facts — you can check the arithmetic. An interpretation is Districts' opinion of what the evidence means, not a fact, a valuation, or advice. Anything we haven't retrieved yet is marked as missing rather than treated as a pass.

Price evidence

The ask against the evidence

Asking

No recorded sale price for this property yet.

Narre Warren North at a glance

8,074

People

$1,550,000

Median sale

$571/wk

Median rent

1.92%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren North report →

Planning

Planning and development

Planning data is being calculated

Development activity

Data unavailable

Source

  • Provider: unavailable
  • Dataset: unavailable
  • Retrieved: not yet retrieved
  • Version: planning-v1

Planning facts are copied from official government GIS where available. Where an official property PDF exists (VicPlan, PlanBuild), Districts stores and serves that original document. Neither is a planning certificate, survey, or advice.

Site

Terrain

Terrain has not been calculated for this property yet.

Slope is calculated on a projected metric grid from a public DEM clip of the official parcel. This is not a survey, engineering, or insurance assessment.

Flood, bushfire and heritage

i

Flood

Not retrieved

Flood exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Bushfire

Not retrieved

Bushfire exposure has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Heritage

Not retrieved

Heritage listing has not been retrieved from any source for this property yet. Unknown is not the same as clear.

Records

Property history

  1. Listedprice unknownavailable6 Feb 2026

Events are recorded observations from public listings, kept with their source and date. Missing values are shown as unknown, never estimated.

Capital growth

VIC

Why this lot, not just this suburb

Why could this property outperform?

Planning layers have not been retrieved for this property yet. A suburb median or growth rate is not a reason this particular lot would outperform. Funded catalyst catchments are not loaded. A TOD badge is not this product.

What could kill that thesis?

Confidence: low

Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.” Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

Rental

Income, competition, and yield

What will it realistically rent for?

Confidence: low

No advertised rent is recorded. Suburb median rent $571/week — not this address. An inferred likely-rent range is not shown until official bond series are loaded for this dwelling type and bedrooms. No recorded off-street parking — often a discount versus the suburb median for the same beds.

What competition will it face?

Current comparable rental listings within 400 m of this lot are not loaded. Victoria has no public statewide property-level DA API. Nearby pipeline is unknown. Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded. Suburb vacancy or leased-tape days are not this property’s competition.

What does the yield actually look like?

Confidence: low

Yield cannot be shown without both a price and a rent figure. Net yield is not estimated from gross advertising copy. Net yield / holding costs are not estimated outside NSW without inventing land tax.

Verdict

What this means for this property

Districts view

Not enough official evidence yet to underwrite this as an investment.

Detail

The same ten questions apply to every property. Missing flood, nearby DAs, achieved rents, or lot geometry is unknown — not “no.”

Read more

Do not treat a suburb median, an advertised yield, or a listing score as the case for this lot.

The evidence loaded so far isn't enough on its own to change a buy, offer, or walk-away decision for this property.

Evidence

What is known for this property

Districts asks the same ten questions of every property. If one shows as unknown, that data isn't published for this state or hasn't been loaded yet — the question stays visible so you can see exactly what's missing.

1 of 10 questions answered so far

  • Development optionality of this lot

    Unknown

    Planning layers have not been retrieved for this property yet.

  • Nearby development pipeline

    Unknown

    Victoria has no public statewide property-level DA API. Nearby pipeline is unknown.

  • Honest achievable rent

    Knownlow

    This is not “bond data says this address leases for $X.” The comparable figure is a suburb advertised/median rent, not this property. Official bond files (postcode or suburb × type × bedrooms) are not loaded yet.

  • Rental supply pressure

    Unknown

    Supply pressure needs comparable listings near this lot plus a nearby DA pipeline. Neither is loaded.

  • Why is this cheap?

    Unknown

    The constraint stack has not been retrieved for this lot, so Districts cannot explain a discount versus land size.

  • Lot-level flood

    Unknown

    Official flood overlay has not been retrieved (pending). Missing layer is unknown, not “no.”

  • Catalyst exposure

    Unknown

    Funded catalyst catchments are not loaded. A TOD badge is not this product.

  • This lot's DA history

    Unknown

    Development applications have not been queried for this parcel.

  • Statutory land value versus ask

    Unknown

    Statutory land value is not available as free bulk data in this jurisdiction. Do not fake it with a suburb median.

  • Net yield / holding costs

    Unknown

    Net yield / holding costs are not estimated outside NSW without inventing land tax.

Area

Narre Warren North in one glance

Narre Warren North at a glance

8,074

People

$1,550,000

Median sale

$571/wk

Median rent

1.92%

Suburb gross yield

Median sale from 34 recorded sales (last 12 months) — a Districts calculation.

See the full Narre Warren North report →

Keep researching

  • Why Narre Warren North? Read the area thesis →
  • What else is on the market in Narre Warren North →
  • Other records on Reservoir Rd →

Listing material

Listed by Journey Real Estate

A Rare Lifestyle Opportunity on 6.6Acres (Approx.) "INSPECTION BY APPOINTMENT"

First Time Offered in Over 50 Years!

An extraordinary chapter closes, presenting a once-in-a-generation opportunity to write the next.

Set in a tightly held and highly sought-after pocket of Narre Warren North, 2–4 Reservoir Road is being offered to the market for the first time in over 50 years. Spanning approximately 6.6 acres of prime land, this exceptional property represents a rare chance to secure a substantial landholding in a blue-chip location.

Read the full description

The existing residence offers three well-sized bedrooms, one central bathroom, and multiple car spaces, providing comfortable living while you plan your future vision. Whether you choose to renovate, rebuild, or enjoy the home as is, the true value lies in the scale, position, and long-term potential of this remarkable holding (STCA).

Surrounded by natural beauty, the expansive land provides space, privacy, and serenity rarely found so close to essential amenities. Established grounds and a peaceful setting create the perfect backdrop for a family lifestyle, weekend retreats, or simply enjoying the calm of acreage living.

Perfectly positioned close to quality schools, shopping centres, transport links, and major arterials, this property delivers the ideal balance of rural tranquility and urban convenience-making it attractive to families, lifestyle buyers, investors, and land bankers alike.

Key Features:

Approx. 6.6 acres of premium land

First time offered in over 50 years

3 bedrooms, 1 bathroom

Multiple car spaces

Prime and tightly held Narre Warren North location

Rare opportunity in a blue-chip area

Outstanding future potential (STCA).

Properties of this calibre, size, and location are exceptionally rare. This is a landmark offering where memories have been made for decades-now ready for a new custodian to unlock its next chapter.

If this sounds like this could be the one for you, then call Naveen Singh on 0432 597 422 or Sam Singh on 0403 134 009.

(PHOTO ID REQUIRED AT OPEN FOR INSPECTION) NOTE: link for Due Diligence Checklist: http://www.consumer.vic.gov.au/duediligencechecklist Disclaimer: All dimensions, sizes and layout are approximately. The producer or agent cannot be held responsible for any errors, omissions, or misstatements. The photos are for illustrative purposes only and should be used as such.

Listing description written by Naveen Singh, Journey Real Estate — reproduced as published, not verified by Districts.

Property features

  • Toilets: 1

Also look at

Also for sale in Narre Warren North

  • 14-16 Rockleigh Park Rd, Narre Warren North VIC 3804

    1-bed house. Asking $1.05M–$1.15M.

    For sale
  • 12 Kanaru Ct, Narre Warren North VIC 3804

    5-bed house. Currently listed.

    For sale
  • 1-2 Monroe Ct, Narre Warren North VIC 3804

    5-bed house. Currently listed.

    For sale
  • 284 Belgrave Hallam Rd, Narre Warren North VIC 3804

    6-bed house. Asking $1.6M–$1.76M.

    For sale
Districts

Australian property research from recorded sales, listings, and official layers. Missing data is shown as unavailable, never filled in.

Research

  • Property search
  • Suburb profiles
  • Blog
  • Calculators
  • Follow suburbs
  • Sign in

Learn

  • How we use data
  • What's covered
  • Questions
  • Who it's for
  • Access

Company

  • About
  • Contact
  • support@districts.com.au

Legal

  • Privacy
  • Terms

© 2026 Districts

districts.com.au

Research purposes only. Not personal financial advice, a valuation, or a planning certificate. Always speak to a licensed financial adviser before you act.