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Reservoir

Suburb Profile

Reservoir - FREE SUBURB PROFILE REPORT
POSTAL CODE: VIC,3073

house
unit
RESERVOIR ranks 572nd in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of -9.43% for the past year is lower than average compared to its 34.58% growth within a five-year period.

Also in RESERVOIR, the median home price is sitting at $720,000, and the average rent at $400, this suggests property owners could potentially earn a 2.89% increase in gross rental yield.

Property investors have seen a 0% 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 6.64% growth over a ten-year period. It ranks 907th 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 $720,000 $510,000
GROWTH REPORT
Median Quarterly 0% 2%
Median 12 month -9.43% -0.73%
Median 3 years 10.77% 25.62%
Median 5 years 34.58% 34.21%
10 years average annual 6.64% 5.27%
Weekly media advert. rent $400 $375
Time on Market 75.6 days 65.8 days
Gross Rental Yield Percent 2.89% 3.82%
demographics (median values)
Total Population
45973
Weekly Household Income
737
Household Size
2.50
demographics
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