Tundra Mortgage Brokers

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Mortgage Broker Reservoir

The suburb of Reservoir is aptly named due to its close proximity to the Edwardes Lake. Many consider it to be as idyllic as it is large in size – and with almost 50,000 residents calling the region their home; it is still surprisingly appealing to those looking for a more tranquil way of life. The crime rate is low, access to amenities is high and with literally dozens of activities to enjoy for all ages; it’s no wonder this suburb is becoming so popular.

Most homes are made of bricks – but you’ll still find those that are constructed using weatherboards for those of you that are looking for a little more authenticity. Due to the cost of land in this region, it’s also not uncommon to see new developments popping up from time to time, with more appearing as the years go by.

What is in this suburb?

There are so many amenities, facilities and commodities that we couldn’t possibly hope to list them all here – but we will certainly try! For a start, the local Hume Highway is just a few moments away from the centre of the suburb. Furthermore, the Eastern Freeway can be a great way to travel further afield, as well as the Western Ring Road offering the possibility to travel out and then back in again with ease.

There are five primary schools, one high school and one secondary college (William Rithven), with a host of nurseries and play centres for families with young children. There’s also the nearby Reservoir Football Club, a darts association and a roller derby – for those with a taste for up and coming contact sports.

What about the property prices?

If you are on a tight budget, but still want to enjoy a spacious suburban home within a comfortable neighbourhood you should expect to pay about $700,000 for a house. That’s the average price for a three bedroom; if you don’t mind a two bedroom instead, you should be able to find a nice one for roughly $630,000 AUD.