5/51 Cheddar RoadReservoir VIC 3073
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High Quality Townhouse in Ideal Location!
Property Details for 5/51 Cheddar Rd, Reservoir
5/51 Cheddar Rd, Reservoir is a 2 bedroom, 1 bathroom Townhouse with 1 parking spaces. The place is currently for rent with Ray White Reservoir.
About Reservoir 3073
The size of Reservoir is approximately 18.9 square kilometres. There are 45 parks, covering nearly 8.8% of the total area. The population of Reservoir in 2016 was 50474 people. By 2021 the population was 51096 showing a population growth of 1.2% in the area during that time. The predominant age group in Reservoir is 30-39 years. Households in Reservoir are primarily couples with children and are likely to be repaying $1800 - $2399 per month on mortgage repayments. In general, people in Reservoir work in a professional occupation.In 2021, 59.90% of the homes in Reservoir were owner-occupied compared with 59.30% in 2016.
Reservoir has 29,141 properties. Over the last 5 years, Houses in Reservoir have seen a 2.30% increase in median value, while Units have seen a 10.80% increase. As at 30 June 2026:
- The median value for Houses in Reservoir is $957,158 while the median value for Units is $645,988.
- Houses have a median rent of $590 while Units have a median rent of $530.
Suburb Insights for Reservoir 3073
Market Insights
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