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
33 Darebin Blvd, Reservoir3PriceHouseAuction Sale17/05/2025Ray White WerribeeView
1A Beenak St, Reservoir3PriceTownhouseAuction Sale16/05/2025Nelson AlexanderView
48 Carrington Rd, Reservoir3PriceHouseSold Before Auction16/05/2025Ray WhiteView
16/15 Chenies St, Reservoir3PriceTownhouseAuction Sale16/05/2025Ray White BundooraView
1/6 Corvey Rd, Reservoir3PriceHouseAuction Sale16/05/2025Nelson AlexanderView
21 Excelsior St, Reservoir3PriceHouseAuction Sale16/05/2025Ray WhiteView
169 Glasgow Av, Reservoir4PriceHouseAuction Sale16/05/2025Jellis CraigView
301A/51 Johnson St, Reservoir3PriceApartmentPassed in at Auction16/05/2025Ray WhiteView
15 Kelverne St, Reservoir3PriceHouseAuction Sale16/05/2025Ray WhiteView
5/177 Edwardes St, Reservoir2PriceUnitSold Before Auction15/05/2025Ray WhiteView
2/35 O'connor St, Reservoir3PriceTownhousePrivate Sale15/05/2025Claudio + Marwan Residential - Eview GroupView
2/27 Whitelaw St, Reservoir2PriceUnitPrivate Sale13/05/2025Barry PlantView
5 Orange Av, Reservoir2PriceHousePrivate Sale12/05/2025Barry PlantView
14/696 Plenty Rd, Reservoir2PriceUnitPrivate Sale12/05/2025hockingstuartView
2/7 Steane St, Reservoir2PriceTownhousePrivate Sale17/04/2025Ray White
2/63 Pickett St, Reservoir2PriceUnitPrivate Sale13/04/2025Ray White
4/35-37 Ashley St, Reservoir2PriceUnitPassed in at Auction16/05/2025Jellis CraigView
2/4 George St, Reservoir3PriceTownhouseAuction Sale16/05/2025VICPROP - Brunswick & Resevoir
2 Ludeman Ct, Reservoir3PriceHouseSold Before Auction5/05/2025Nelson AlexanderView

Sales data

Median sale price
$910k
Quarterly price change
2%
Metro Melbourne Comparison
$923k
2.7%
BedroomsReservoirMetro comparison
2$753,000$881,200
3$889,500$810,000
4$1,100,000$942,350
InsightReservoirMetro comparison
Clearance rate71.8%78.5%
Days on market4742

Rental data

Median weekly rent
$550
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.3%
BedroomsReservoirMetro comparison
2$490$580
3$560$550
4$645$600
Median data for the current quarter
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