Market snapshot
Suburb insights for Reservoir3073
Change suburbReservoir is 12 km north of Melbourne's CBD. Edwardes Street and Broadway contain many well established and iconic businesses providing great old-fashioned customer service and old-world charm. Diversity is the foundation of Reservoir. Post World War II saw Reservoir’s population boom attracting new Italian and Greek migrants. Over the years its diversity has grown to include new Lebanese Macedonian Indian and Chinese residents. Reservoir station is a hub for the major bus routes in the City and two trams run through the suburb. Reservoir features Edwardes Lake Park Reservoir Private Hospital and Darebin Community Sports Stadium.
Recent sales and auction results in Reservoir
Address | Bedrooms | Price | Type | Method | Sale Date | Agent | Listing |
---|---|---|---|---|---|---|---|
33 Darebin Blvd, Reservoir | 3 | House | Auction Sale | 17/05/2025 | Ray White Werribee | View | |
1A Beenak St, Reservoir | 3 | Townhouse | Auction Sale | 16/05/2025 | Nelson Alexander | View | |
48 Carrington Rd, Reservoir | 3 | House | Sold Before Auction | 16/05/2025 | Ray White | View | |
16/15 Chenies St, Reservoir | 3 | Townhouse | Auction Sale | 16/05/2025 | Ray White Bundoora | View | |
1/6 Corvey Rd, Reservoir | 3 | House | Auction Sale | 16/05/2025 | Nelson Alexander | View | |
21 Excelsior St, Reservoir | 3 | House | Auction Sale | 16/05/2025 | Ray White | View | |
169 Glasgow Av, Reservoir | 4 | House | Auction Sale | 16/05/2025 | Jellis Craig | View | |
301A/51 Johnson St, Reservoir | 3 | Apartment | Passed in at Auction | 16/05/2025 | Ray White | View | |
15 Kelverne St, Reservoir | 3 | House | Auction Sale | 16/05/2025 | Ray White | View | |
5/177 Edwardes St, Reservoir | 2 | Unit | Sold Before Auction | 15/05/2025 | Ray White | View | |
2/35 O'connor St, Reservoir | 3 | Townhouse | Private Sale | 15/05/2025 | Claudio + Marwan Residential - Eview Group | View | |
2/27 Whitelaw St, Reservoir | 2 | Unit | Private Sale | 13/05/2025 | Barry Plant | View | |
5 Orange Av, Reservoir | 2 | House | Private Sale | 12/05/2025 | Barry Plant | View | |
14/696 Plenty Rd, Reservoir | 2 | Unit | Private Sale | 12/05/2025 | hockingstuart | View | |
2/7 Steane St, Reservoir | 2 | Townhouse | Private Sale | 17/04/2025 | Ray White | ||
2/63 Pickett St, Reservoir | 2 | Unit | Private Sale | 13/04/2025 | Ray White | ||
4/35-37 Ashley St, Reservoir | 2 | Unit | Passed in at Auction | 16/05/2025 | Jellis Craig | View | |
2/4 George St, Reservoir | 3 | Townhouse | Auction Sale | 16/05/2025 | VICPROP - Brunswick & Resevoir | ||
2 Ludeman Ct, Reservoir | 3 | House | Sold Before Auction | 5/05/2025 | Nelson Alexander | View |
Sales data
Median sale price
$910k
Quarterly price change
2%
Metro Melbourne Comparison
$923k
2.7%
Bedrooms | Reservoir | Metro comparison |
---|---|---|
2 | $753,000 | $881,200 |
3 | $889,500 | $810,000 |
4 | $1,100,000 | $942,350 |
Insight | Reservoir | Metro comparison |
---|---|---|
Clearance rate | 71.8% | 78.5% |
Days on market | 47 | 42 |
Rental data
Median weekly rent
$550
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.3%
Bedrooms | Reservoir | Metro comparison |
---|---|---|
2 | $490 | $580 |
3 | $560 | $550 |
4 | $645 | $600 |

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