2/55 Yarra Ave, Reservoir is a 3 bedroom, 1 bathroom Townhouse with 1 parking spaces and was built in 2015. The property has a land size of 135m2 and floor size of 102m2. While the property is not currently for sale or for rent, it was last sold in April 2024.
Located in a well sought after pocket of Reservoir's Oakhill Estate, close proximity to Broadway and within the school district for Preston Primary School and Holy Name Primary School. This low maintenance double storey townhouse features 2 bedrooms with BIRs, optional 3rd bedroom or study, spacious open plan kitchen/living area which leads to a secure private courtyard, kitchen includes abundant cupboard and bench space, stainless steel cooking appliances and dishwasher, central bathroom with bath and shower, separate laundry and downstairs powder room. Also includes lock up garage, split system heating/cooling units in lounge and bedrooms. Close to all public transport and minutes away from main shopping centres in the area.
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 29,006 properties. Over the last 5 years, Houses in Reservoir have seen a 4.72% increase in median value, while Units have seen a 12.44% increase. As at 31 May 2026:
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