1 Mendip RoadReservoir VIC 3073
Property Details for 1 Mendip Rd, Reservoir
Last Listing description (December 2021)
- Retail space suitable for retail store, ice-cream shop or an office space located on a bustling corner strip that has great street and high passing exposure for your business
- Located in the Prestigious Oakhill Estate which produces immense lifestyle benefits thanks to the swift access to Broadway shops and cafes, Regent and Reservoir train stations, Plenty Road trams, schools, Northland and Summerhill shopping centers, La Trobe University, Parklands and trendy cafes such as The Window Corner Cafe right at your doorstep
- Features heating/cooling, toilet with shower facilities and kitchen with gas stove
Rental: $15,000 per annum, $1250.00 per calendar month, $288.46 per week
(Plus Outgoings & GST)
Property History for 1 Mendip Rd, Reservoir, VIC 3073
- 16 Nov 2021Listed for Rent - Price not available
- 14 Oct 2021Sold for $340,000
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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 28,996 properties. Over the last 5 years, Houses in Reservoir have seen a 6.60% increase in median value, while Units have seen a 14.29% increase. As at 30 April 2026:
- The median value for Houses in Reservoir is $968,594 while the median value for Units is $651,866.
- Houses have a median rent of $570 while Units have a median rent of $525.
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