Market snapshot

Suburb insights for Reservoir3073

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Reservoir 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

AddressBedroomsPriceTypeMethodSale DateAgentListing
1/5 Ashley St, ReservoirPriceTownhouse (Res)Auction Sale20/12/2024Harcourts Rata & CoView
39 Charlton Cr, Reservoir3PriceHouse (Res)Auction Sale20/12/2024Harcourts GlenroyView
4/8 Inverness St, Reservoir4PriceTownhouse (Res)Passed in at Auction20/12/2024Ray WhiteView
10 Lucille Av, Reservoir3PriceHouse (Res)Auction Sale20/12/2024Ray WhiteView
28 Morris St, Reservoir3PriceHouse (Res)Auction Sale20/12/2024Ray WhiteView
2/9 St Vigeons Rd, Reservoir2PriceUnitPassed in at Auction20/12/2024Raine & Horne Glenroy
6/957-961 High St, Reservoir2PriceTownhouse (Res)Sold Before Auction19/12/2024Ray WhiteView
213 Spring St, Reservoir3PriceHouse (Res)Auction Sale19/12/2024Ray White
21 Taylor Av, Reservoir2PriceHouse (Res)Sold Before Auction18/12/2024Ray White NorthcoteView
1/1 Horton St, Reservoir3PriceTownhouse (Res)Private Sale12/12/2024Barry PlantView
1/59 Pickett St, Reservoir3PriceTownhouse (Res)Private Sale11/12/2024Barry PlantView
2B Carrol St, Reservoir3PriceHouse (Res)Private Sale10/12/2024Ray WhiteView
35 Goulburn Av, Reservoir3PriceHouse (Res)Private Sale9/12/2024Ray WhiteView
70 Rathcown Rd, Reservoir3PriceHouse (Res)Sold Before Auction9/12/2024Barry PlantView
4 Dole Av, Reservoir3PriceHouse (Res)Sold Before Auction28/11/2024Ray WhiteView

Sales data

Median sale price
$896k
Quarterly price change
-1.6%
Metro Melbourne Comparison
$916k
0.1%
BedroomsReservoirMetro comparison
2$728,000$902,000
3$890,000$807,500
4$1,153,000$950,000
InsightReservoirMetro comparison
Clearance rate61.6%73.3%
Days on market4542

Rental data

Median weekly rent
$520
Rental yield
3%
Metro Melbourne Comparison
$575
3.3%
BedroomsReservoirMetro comparison
2$475$560
3$550$550
4$680$595
Median data for the current quarter
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