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
8 Hosken St, Reservoir3PriceHouseAuction Sale25/04/2025Woodards
33 Keon Pde, Reservoir3PriceHouseAuction Sale25/04/2025Ray WhiteView
50 Kia Ora Rd, Reservoir3PriceHouseAuction Sale25/04/2025Ray WhiteView
54 Lawley St, ReservoirPriceLandPassed in Vendor Bid25/04/2025Sleiman Real EstateView
3/209 Purinuan Rd, Reservoir2PriceUnitPassed in at Auction25/04/2025Ray WhiteView
6 Summerhill Rd, Reservoir3PriceHouseAuction Sale25/04/2025Ray WhiteView
70 Tunaley Pde, Reservoir3PriceHouseAuction Sale25/04/2025Ray WhiteView
2B Best St, Reservoir2PriceTownhousePrivate Sale23/04/2025McgrathView
4/25 Invermay St, Reservoir2PriceUnitPrivate Sale7/04/2025Barry PlantView
15 Mcfadzean Av, Reservoir3PriceHousePrivate Sale6/04/2025Barry PlantView
12/13 Elsey Rd, Reservoir1PriceUnitPrivate Sale4/04/2025Ray WhiteView
3/23 Lake St, Reservoir3PriceTownhousePrivate Sale2/04/2025Barry PlantView
34 Compton St, Reservoir4PriceHousePrivate Sale31/03/2025Barry PlantView
32 Compton St, Reservoir4PriceHousePrivate Sale31/03/2025Barry Plant
2/47 Mason St, Reservoir3PriceTownhousePrivate Sale31/03/2025Barry PlantView
2/6 Locher Av, Reservoir2PriceTownhousePrivate Sale27/03/2025Barry PlantView
4/63 Pickett St, Reservoir2PriceUnitSold Before Auction12/04/2025Ray WhiteView
87 Glasgow Av, Reservoir3PriceHousePrivate Sale6/04/2025Barry Plant
3/5 Dunolly Cr, Reservoir3PriceTownhousePrivate Sale4/04/2025Nelson AlexanderView
3/8 Barton St, Reservoir2PriceTownhousePrivate Sale2/04/2025Nelson AlexanderView
3/15-16 Macartney St, Reservoir1PriceUnitPrivate Sale2/04/2025Love & Co
5/36 Willoughby St, Reservoir2PriceUnitPrivate Sale26/03/2025Love & Co

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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