Reservoir

VIC 3073

Reservoir, located 11 km north of Melbourne's CBD, is an established suburb with a population of 51,096 according to the 2021 census. The suburb features a mix of standard brick or weatherboard homes, as well as new developments. One of the notable attractions in Reservoir is Edwardes Lake, a popular recreation area, where swimming and lifesaving demonstrations take place. The Reservoir Leisure Centre provides a wide range of recreational activities for residents of all ages. In terms of amenities and services, Reservoir is conveniently located near the Northland Shopping Centre, Preston Market, and the High Street food quarter. There are also two tram routes that pass through the area, providing easy access to nearby destinations. The suburb is well-connected with public transportation, including bus routes and four railway stations on the Mernda line. Reservoir is known for its diverse and multicultural community. The 2016 census data shows the most common ancestries were Italian, Australian, English, Greek, and Irish. Around 55.9% of people were born in Australia, with other notable countries of birth including Italy, India, China, Greece, and Vietnam. Overall, Reservoir offers a convenient location, a range of amenities, and a diverse community, making it an attractive suburb for prospective buyers.

AREA

19.0274 km²

POPULATION

51,096

OWNER OCCUPIED %

60%

LARGEST AGE GROUP

30-40

MEDIAN MONTHLY MORTGAGE

$1,986

MEDIAN WEEKLY RENT

$520