Developer
Pembrook
Price Range
$749,000 to $849,000

About Reservior

Melbourne’s largestsuburb by land area.Reservoir is a sociallyand culturally diverse,tight-knit community,situated by EdwardesLake and around anemphasis of greenery.

Top 6 Reasons To Choose Reservior

Proximity

  • 13km to Melbourne CBD
  • 19km to Melbourne Airport
  • 5km from La Trobe University
  • 8.8km from Austin Hospital

Education

From preschools to renowned Universities,including La Trobe University educating40,000 students with 3,000 staff.And RMIT Bundoora, only 8km away.

Rental Demand

Strong rental demand with alow vacancy rate at just 1.11%.

Families

Reservoir is the leafy home to 51,699residents, 64% of which are family occupants.

Connectivity

Strong transit links with train,bus and cycling links. With a SuburbanRail Loop North interchange stationcurrently under planning for Reservoir,connecting directly to Melbourne Airport.

Growth

This population is set to increaseby 23% by the year 2041.The median house price is currently$915k, a capital growth increase of14.4% from 2018.

 

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