The Best Residential Areas to Live in Reedy Lake, Victoria



The Best Residential Areas to Live in Reedy Lake, Victoria

(Image for illustration purposes only.)



Reedy Lake, a charming and picturesque suburb situated in Victoria, Australia, is known for its tranquil atmosphere and beautiful natural surroundings. The area boasts a close-knit community, lush landscapes, and a quality lifestyle that attracts families, retirees, and young professionals alike. This article explores the best residential areas in Reedy Lake, detailing their unique characteristics, housing options, and average prices.

Table of Contents



    Reedy Lake Village



    Reedy Lake Village

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    Reedy Lake Village is the central hub of the suburb, providing residents with easy access to essential amenities, parks, and community facilities. This area is ideal for families looking for a vibrant community atmosphere and proximity to top-rated schools.



    Characteristics of the Reedy Lake Village

    * Culture: Strong community spirit with local events and markets

    * Transportation: Well-connected by public transport and cycling paths

    * Services: Convenient access to supermarkets, cafés, and schools

    * Environment: Family-friendly and inviting


    Housing Options in the Reedy Lake Village

    Townhouses, Single-family homes, Units


    Average Home Prices in the Reedy Lake Village

    * Buying: $400,000 – $600,000

    * Renting: $1,600 – $2,400/month



    Tranquil Waters



    Tranquil Waters

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    The Tranquil Waters area offers a serene living experience, with beautiful waterways and abundant parks. It’s perfect for nature lovers and those who appreciate outdoor activities such as fishing, walking, and birdwatching.



    Characteristics of the Tranquil Waters

    * Culture: Nature-centric community with focus on outdoor activities

    * Transportation: Public transport available; cycling is common

    * Services: Parks, picnic areas, and less commercial activity

    * Environment: Peaceful and natural


    Housing Options in the Tranquil Waters

    Granny flats, Single-family homes, Waterfront properties


    Average Home Prices in the Tranquil Waters

    * Buying: $450,000 – $700,000

    * Renting: $1,700 – $2,500/month



    Lakeside Retreat



    Lakeside Retreat

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    Lakeside Retreat is known for its stunning lake views and luxurious properties. It is favoured by those seeking a tranquil yet upscale lifestyle, with easy access to recreational activities.



    Characteristics of the Lakeside Retreat

    * Culture: Upscale living with emphasis on leisure and relaxation

    * Transportation: Car necessary, but some public transport options exist

    * Services: Close to fine dining and local markets

    * Environment: Luxurious and serene


    Housing Options in the Lakeside Retreat

    Luxury homes, Modern townhouses


    Average Home Prices in the Lakeside Retreat

    * Buying: $800,000 – $1,200,000

    * Renting: $2,800 – $4,000/month



    Birch Grove



    Birch Grove

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    Birch Grove is a suburban area characterised by leafy streets and a family-oriented environment. It is well-equipped with schools and sports facilities, making it ideal for families with children.



    Characteristics of the Birch Grove

    * Culture: Family-centric with community events and activities

    * Transportation: Good public transport links and footpaths

    * Services: Schools, recreational facilities, and family parks

    * Environment: Active and welcoming


    Housing Options in the Birch Grove

    Single-family homes, Duplexes, Units


    Average Home Prices in the Birch Grove

    * Buying: $500,000 – $800,000

    * Renting: $1,800 – $2,600/month



    Greenwood Estate



    Greenwood Estate

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    Greenwood Estate is a modern development that features new housing with green spaces and parks. This suburb is popular with first-home buyers and those looking for contemporary living.



    Characteristics of the Greenwood Estate

    * Culture: Innovative community focusing on modern sustainability

    * Transportation: Accessible by public transport with plenty of bike paths

    * Services: New schools, shopping centres, and cafés

    * Environment: Modern and forward-thinking


    Housing Options in the Greenwood Estate

    New homes, Apartments, Townhouses


    Average Home Prices in the Greenwood Estate

    * Buying: $350,000 – $650,000

    * Renting: $1,400 – $2,000/month



    Old Reedy



    Old Reedy

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    Old Reedy is a historic part of the suburb, showcasing beautiful heritage homes and a quaint atmosphere. It appeals to buyers who appreciate character and charm in their living environment.



    Characteristics of the Old Reedy

    * Culture: Rich in history with preserved architecture

    * Transportation: Limited public transport; walking-friendly

    * Services: Local boutiques, artisanal shops, and cafés

    * Environment: Charming and nostalgic


    Housing Options in the Old Reedy

    Heritage homes, Renovated townhouses


    Average Home Prices in the Old Reedy

    * Buying: $600,000 – $900,000

    * Renting: $2,000 – $3,000/month



    Frequently Asked Questions About the Best Residential Areas in Reedy Lake:



    The best residential areas in Reedy Lake include Reedy Lake Village, Tranquil Waters, Lakeside Retreat, Birch Grove, Greenwood Estate, and Old Reedy.

    Birch Grove is known for being extremely family-friendly due to its schools, parks, and community focus.

    Lakeside Retreat features luxury properties with stunning lake views ideal for upscale living.

    Home prices in Reedy Lake range from approximately $350,000 to $1.2 million, depending on the area and property type.

    Yes, there are public transport options available, especially in areas like Reedy Lake Village and Birch Grove.

    Reedy Lake offers a variety of housing options including townhouses, single-family homes, units, and luxury estates.

    Rental prices typically range from $1,400 to $4,000 per month, depending on the area and property type.

    The best time to buy property in Reedy Lake is usually during the spring and early summer when listings are abundant.

    Reedy Lake offers a range of amenities including shops, schools, parks, and recreational facilities tailored to family needs.

    Reedy Lake has a strong sense of community, with local events, markets, and activities fostered by residents.



    Conclusion on the Best Residential Areas in Reedy Lake:

    Reedy Lake presents a range of appealing residential areas, each offering their own unique advantages. Whether you seek the family-friendly environment of Birch Grove, the upscale ambiance of Lakeside Retreat, or the community spirit of Reedy Lake Village, there's something for everyone. The suburban experience in Reedy Lake combines comfort, accessibility, and natural beauty, making it a desirable location for families, professionals, and retirees alike. By finding the right area that suits your lifestyle needs, you can enjoy a fulfilling living experience in this lovely suburb of Victoria.

    About the Author
    Eribert De Oliveira
    Published by:Eribert De Oliveira

    Mechatronics Engineer and founder of Mi Inmueble Online, with a background in real estate. I combine technology and analysis to help you find the best areas to live.