Hi all, I'm interested in a business in Reservoir. My experience tells me that Reservoir is not the best suburb around with lots of WWII soldiers calling it home and i wonder if it's good to operate a business here? can anyone please advise on the local environment and opportunity? Thanks !! My Research results from Homepriceguide: State Victoria Localities in this postcode Reservoir Local government area(s) Darebin Demographics Demographic* Target Region Comparison Region Population Size 3073 Melbourne All people 45,591 3,366,613 Country of Origin 3073 Melbourne Australian born 63% 65% Born Overseas - Top 5 3073 Melbourne Italy 11% 2% Greece 4% 2% United Kingdom 2% 5% Viet Nam 2% 2% China 2% 1% Age Statistics 3073 Melbourne 20 to 39 30% 33% 60+ 24% 17% 40 to 59 23% 28% 5 to 19 17% 14% 0 to 4 6% 7% Family Statistics - Top 5 3073 Melbourne Married 49% 51% Never Married 32% 33% Widowed 9% 6% Divorced 6% 7% Separated 4% 3% Religion - Top 5 3073 Melbourne Catholic 45% 33% Orthodox 14% 7% No Religion 11% 19% Anglican 10% 16% Islam 6% 3% Occupation - Top 5 3073 Melbourne Tradespersons and Related Workers 6% 6% Intermediate Clerical/Sales/Service 6% 7% Intermediate Production and Transport 5% 4% Labourers and Related Workers 4% 3% Professionals 4% 8% Education - Top 5 3073 Melbourne Not Attending (Working) 79% 73% Infants/Primary 7% 9% Secondary Education 6% 7% University or other Tertiary Institution 3% 5% Technical or Further Education 3% 3% Transport to Work - Top 5 3073 Melbourne Car (driver) 22% 28% Car (passenger) 3% 3% Train Only 2% 2% Worked at home 1% 2% Train & Other 1% 1% Type of Dwelling - Top 3 3073 Melbourne Separate house 78% 74% Flat 15% 14% Semi/Terrace 4% 8% Nature of occupancy - Top 3 3073 Melbourne Fully Owned 52% 43% Rented 26% 24% Purchasing 15% 27% Monthly Loan Repayment - Top 5 3073 Melbourne $600-$799 23% 21% $400-$599 18% 16% $800-$999 18% 19% $200-$399 12% 8% $1-$199 10% 5% |