10 things you didn’t know about Reservoir, Victoria

10 things you didn’t know about Reservoir, Victoria

Reservoir Suburb Profile VIC 3073 –

Located about 12 kms from CBD Melbourne, Reservoir is a popular suburb and is highly flocked to among local Melbourne residents. The local government area of the suburb is the City of Darebin. This is a well-known and strongly established suburb that comes with superb options for real estate, shopping, touring and the like.

“How is Reservoir suburb stands on different parameters?”

1. Demographics

According to the 2011 Census, Reservoir has a population of 47,637. It comprises of 50.9% females and about 49.1% males. The average age residents in Reservoir is 38 years. About 55.9% of residents of this suburb are Australian by birth. The other top countries of birth as per rank are 8.2% Italy, 4.4% India, 3.2% China, 3.0% Greece, 1.8% Vietnam, 1.4% Lebanon, 1.1% Former Yugoslav Republic of Macedonia, 1.1% England, 0.8% New Zealand, 0.8% Philippines, 0.7% Sri Lanka, 0.6% Saudi Arabia, 0.6% Malta, 0.5% Malaysia.

Close to 47.9% people in Reservoir speak only English. The top languages that residents speak in order of rank include 12.7% Italian, 6.1% Greek, 5.4% Language spoken at home not stated, 5.1% Arabic, 3.1% Mandarin, 2.5% Other, 2.3% Vietnamese, 2.3% Macedonian, 2.0% Punjabi.

2. Amenities

a) Healthcare: There are a number of private practitioners across Reservoir. A large number of centres for healthcare too have been set up. For bigger heath issues and risks, people can drive to Melbourne, but as a temporary measure, the medical facilities at Reservoir are not really poor. The top medical centres are the Midtown Medical Clinic, Oakhill Clinic, Midtown Medical Clinic, Summerhill Medical Centre, Reservoir Medical Group, Hughes Parade Medical Centre and Reservoir Private Hospital.

b) Sports: Reservoir has a bubbling active sports scene. There are a number of training centres at clubs that encourage youngsters to take up soccer, cricket or even Australian football. Darts and Derby too are active sports that find takers in this suburb.

c) Transportation: Reservoir has a well-connected transport setup. The suburb comes serviced by about four railway stations on South Morang railway line. Multiple bus routes to service Reservoir regularly. There are a couple of tram lines in this suburb. The West Preston tramline ends on the southern end of Reservoir. The Bundoora RMIT tram route also passes through Reservoir.

For walkers or cyclists, the trails of Merri Creek and Darebin Creek are good choices. The main roads connecting Reservoir are Eastern Freeway, Northern Western Ring Rd, Tullamarine, Hume Highway/Freeway and Calder Freeways.

3. Property Prices

In Reservoir, 37.9% homes are owned while 24.6% are on the mortgage. About 32.5% of homes are on rent. Median income is A$434 weekly for individuals and A$972 for households.

Median rent here is A$275 weekly and the average repayment on the mortgage is A$1733 monthly.

4. Attractions

Reservoir has an active shopping scene as well as interesting points to visit. Worship Church, Edwardes Lake, BT Connor Reserve and Crispe Park are top spots to visit. There are umpteen clubs and amusement areas around too. Other spots to check out here are Preston Market, Northland Shopping Centre, High Street food quarter and the shops along Sydney Road.

5. Traffic

The suburb sees ample traffic rush on weekdays. Drive along the main roads to avoid crowded corners and jammed in-lanes.

6. Safety

The information about the safety factor in the suburb has been on the positive note. No major crime stories have been seen here. Reservoir is a safe place to have an inner-city life sans the rush-rush aspect.

7. Restaurants

There are restaurants aplenty across Reservoir. There are community restaurants as well as fine dining options. There are a number of awesome options to pick from, as there are awesome cuisines.

8. Nearby Suburbs

The suburbs around Reservoir include Campbellfield, Bundoora, Thomastown, Fawkner, Kingsbury, Coburg North, Preston, and Heidelberg West.

9. Future Plans

The suburb of Reservoir is opening up to superb industrial growth. The employment sections that find most takers in order of rank are- 11.7% Manufacturing, 11.2% Health care and social assistance, 10.8% Retail trade, 8.4% Construction, 6.9% Accommodation and food services, 6.9% Education and training, 6.5% Professional, scientific and technical services, 5.9% Public administration and safety, 5.8% Transport, postal and warehousing.

The property market is a huge hit thanks to the community feeling inherent in the suburb despite being modern. From classic brick houses to weatherboards, there are too many goody good homes to invest in.

10. a) Reasons to Live in Reservoir: The suburb is a neat profit maker when it comes to making money in it as a property hub. The rate of appreciation for a property is immense and it offers you an edge.

b) Reasons to reconsider Reservoir: The suburb is modern yet comes with a toned-down vibe. You may spunk your lifestyle up or down as per your desires. The inner city life at Reservoir is a huge draw.

What do people say about Reservoir:

The suburb offers residents a great life that is safe. You might need to drive down to Melbourne for bigger things but at the base level, there is almost nothing that Reservoir fails to offer you.

List of following facilities in and around Reservoir at an average radial distance of approx 5kms:

Note: These facilities may or may not be near to your residence within Reservoir. Please recheck the distance to a facility before buying or renting a property in Reservoir.

Hope we have done some justice to showcase the highlights of Reservoir suburb. If you notice that either we have not covered something or have made some mistake in data about Reservoir, don’t forget to share it with us.

Disclaimer: Some information about Reservoir may change at any point in time. So, we humbly request to kindly verify any critical information directly with the Reservoir Council.