VIC/
Reservoir

Suburb Profile

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

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RESERVOIR ranks 212th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 13.43% for the past year is lower than average compared to its 78.38% growth within a five-year period.

This figures put the ATC suburb in the ranks of the best performing suburbs in Australia in terms of capital gains.

Also in RESERVOIR, the median home price is sitting at $817,000, and the average rent at $385, this suggests property owners could potentially earn a 2.45% increase in gross rental yield.

Property investors have seen a 2.13% gain in RESERVOIR based on an increase in median home prices for the past three months.

They believe that homeowners and real estate investors betting on RESERVOIR, 3073 can rest assured about this VIC suburb's performance. The suburb saw median home prices rise by 13.43%.

A survey of average capital gains or median home price increase in suburbs across the country shows that this suburb obtained a 8.75% growth over a ten-year period. It ranks 298th on our list of suburbs that property investors should look into.

KEY PROPERTY DATA REPORT HOUSE UNIT
Median Price $817,000 $520,000
GROWTH REPORT
Median Quarterly 2.13% 2.97%
Median 12 month 13.43% 18.72%
Median 3 years 48.55% 36.84%
Median 5 years 78.38% 47.62%
10 years average annual 8.75% 6.57%
Weekly media advert. rent $385 $347
Time on Market 59.7 days 61.4 days
Gross Rental Yield Percent 2.45% 3.47%
demographics (median values)
Total Population
45973
Weekly Household Income
737
Household Size
2.50
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Capital Gains Tax (CGT) Calculator

Reservoir, VIC
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