Positioned in a quiet, family-friendly pocket of Reservoir, this substantial 768sqm (approx.) allotment presents an exceptional opportunity for builders, developers, investors or homebuyers looking to create something truly special (STCA).Whether you're planning to build your dream home, explore development potential (STCA), or secure a generous landholding in a rapidly growing suburb, this is a rare offering that delivers both flexibility and future value.Enjoy the convenience of being moments from Reservoir Primary School, St Gabriel's Primary School, Reservoir High School and La Trobe University, while nearby parklands including Edwardes Lake Park and J.C. Donath Reserve provide outstanding recreational spaces for families and outdoor enthusiasts, and commuting is effortless with Ruthven Train Station within easy reach.
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 29,148 properties. Over the last 5 years, Houses in Reservoir have seen a -0.25% decrease in median value, while Units have seen a 10.34% increase. As at 31 July 2026:
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