2/54 North Rd, Reservoir is a 2 bedroom, 1 bathroom Unit with 3 parking spaces and was built in 2004. The property has a land size of 372m2 and floor size of 100m2. While the property is not currently for sale or for rent, it was last sold in October 2005.
$250,000-$280,000. INVESTORS/FIRST HOME BUYERS HAVE A GOOD LOOK HERE!
ON A BUDGET AND WANTING TO ENTER THE PROPERTY MARKET EITHER AS A HOME BUYER OR INVESTOR; WELL HERE IS YOUR OPPORTUNITY TO POUNCE. OPEN PLAN LIVING, POLISHED FLOORBOARDS AND TWO SPACIOUS BEDROOMS, BIR ARE ONLY A FEW POINTS OF THIS LOW MAINTENANCE HOME, FURTHER COMPLIMENTED WITH CARPORT, COURTYARD AND A SENSATIONAL LOCATION, WALK TO PLENTY ROAD TRAM, BUS AND SUMMERHILL SHOPPING CENTRE. CURRENTLY TENANTED RETURNING $13,548 PER ANNUM.
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 28,994 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:
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