Build your dream family home right here!Endorsed plans approved for two dwellings. Dwelling 1 21.9sq two level 2 bedroom + study, 2 bathroom, 2 living areas.Dwelling 2 10.8sq single level 2 bedroom, 1 bathroom.Now available in the tree-lined serenity of family-friendly Reservoir, this vacant lot is the perfect development site for your brand new family home, investment property or multiple dwellings in this idyllic locale (Subject to Council Approval).Families will adore nearby JC Donath Reserve for peaceful parkland, friendly sporting clubs and playgrounds for the little ones. Stroll to local shops, cafs and eateries near Keon Park Station, with trains offering effortless transport straight down to the city.Quality local schooling includes Reservoir Views Primary, William Ruthven Primary and William Ruthven Secondary College, while La Trobe University and RMIT Bundoora offer prized higher education options.Enjoy Northland Shopping Centre or Pacific Epping alongside Costco Epping and Northern Hospital, as well as easy access to buzzing High Street amenities, beautiful Bundoora Park, tranquil cycling along the Darebin Creek Trail and seamless entry to the Western Ring Road for stress-free commuting.
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 28,996 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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