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AREA REPORTS

Reservoir

Reservoir - SUBURB PROFILE REPORT
POSTAL CODE: VIC, 3073

house
unit
RESERVOIR ranks 558th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 8% for the past year is higher than average compared to its 37.29% growth within a five-year period.

Also in RESERVOIR, the median home price is sitting at $810,000, and the average rent at $400, this suggests property owners could potentially earn a 2.57% increase in gross rental yield.

Property investors have seen a 0.9% gain in RESERVOIR based on an increase in median home prices for the past three months.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 5.46% growth over a ten-year period. It ranks 1285th on our list of suburbs that property investors should look into.

Data report can be found below

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $810,000 $560,000
GROWTH REPORT
Median Quarterly 0.9% 0%
Median 12 month 8% 5.66%
Median 3 years 1.25% 11.22%
Median 5 years 37.29% 42.31%
10 years average annual 5.46% 4.85%
Weekly media advert. rent $400 $375
Time on Market 61.4 days 60.0 days
Gross Rental Yield Percent 2.57% 3.48%
demographics (median values)
Total Population
45973
Weekly Household Income
737
Household Size
2.50
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