Delivering the perfect entry into a highly sought-after, family friendly pocket, this 534m2 (approx) vacant allotment has the bus past the door, shops, schools and parks all close by and the Ring Road within easy reach. An exciting blank canvas and you have the flexibility to choose your own builder and architect. With all the elements here to design and construct your family home without the comprise's a renovation brings about, this is a rare opportunity to realize your real estate dream.
Due diligence checklist - for home and residential property buyers
http://www.consumer.vic.gov.au/duediligencechecklist
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 29,004 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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