AREA REPORTS

Reservoir

Suburb Profile

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

house
unit
RESERVOIR ranks 289th in VIC when it comes to estimated capital gains experienced by property investors over the past three years.

The suburb’s capital gain of 3.25% for the past year is lower than average compared to its 68.25% 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 $795,000, and the average rent at $390, this suggests property owners could potentially earn a 2.55% increase in gross rental yield.

Property investors have seen a -0.69% drop in RESERVOIR based on a decrease 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 7.75% growth over a ten-year period. It ranks 623rd 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 $795,000 $540,000
GROWTH REPORT
Median Quarterly -0.69% 0.93%
Median 12 month 3.25% 16.13%
Median 3 years 39.47% 40.26%
Median 5 years 68.25% 50%
10 years average annual 7.75% 6.29%
Weekly media advert. rent $390 $350
Time on Market 61.3 days 56.4 days
Gross Rental Yield Percent 2.55% 3.37%
demographics (median values)
Total Population
45973
Weekly Household Income
737
Household Size
2.50
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