3/54 Yarra Ave, Reservoir is a 2 bedroom, 1 bathroom Unit with 1 parking spaces and was built in 2013. The property has a land size of 141m2 and floor size of 71m2. While the property is not currently for sale or for rent, it was last sold in October 2015.
Here stands an example of Reservoir living at its very best.
Firstly, a coveted location plays its part in painting an enticing picture, with the bustling Broadway shopping and dining strip, Reservoir train station, Plenty Road Tram (approx. 650m away!), Reservoir East Primary School and TW Andrews Park all within a short stroll of the front door.
Pristine, virtually brand new living then provides the perfect accompaniment, offering an idyllic carefree lifestyle that will appeal to the young professional with a busy way of life or empty nesters desiring a low maintenance, single-level property with no grass to cut!
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 29,149 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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