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 |
|---|---|---|---|---|---|---|---|
| 1/34 Ashton St, Reservoir | 3 |  | Townhouse (Res) | Auction Sale | 20/07/2024 | Love & Co | |
| 3/2H Carrol St, Reservoir | 3 |  | Townhouse (Res) | Auction Sale | 20/07/2024 | Ray White | |
| 2/4 Clingin St, Reservoir | 2 |  | Townhouse (Res) | Passed in at Auction | 20/07/2024 | Ray White | |
| 5/10 Crevelli St, Reservoir | 4 |  | Townhouse (Res) | Passed in Vendor Bid | 20/07/2024 | Ray White | |
| 1A Rodman St, Reservoir | 3 |  | House (Res) | Auction Sale | 20/07/2024 | Ray White Bundoora | View |
| 26 Sturdee St, Reservoir | 4 |  | House (Res) | Passed in at Auction | 20/07/2024 | Woodards | View |
| 16 Tormey St, Reservoir | 4 |  | House (Res) | Passed in Vendor Bid | 20/07/2024 | Jellis Craig | View |
| 3/39 Marchant Av, Reservoir | 2 |  | Townhouse (Res) | Private Sale | 14/07/2024 | Ray White | View |
| 4A Cheddar Rd, Reservoir | 3 |  | Townhouse (Res) | Private Sale | 28/06/2024 | Woodards | |
| 3/38 Storey Rd, Reservoir | 2 | | Townhouse (Res) | Private Sale | 14/06/2024 | Barry Plant | |
| 2/12 Delaware St, Reservoir | 2 | | Townhouse (Res) | Passed in at Auction | 20/07/2024 | Ray White Bundoora | View |
| 44 Lloyd Av, Reservoir | 3 | | House (Res) | Auction Sale | 20/07/2024 | Woodards | |
| 173 Rathcown Rd, Reservoir | 4 | | House (Res) | Auction Sale | 20/07/2024 | Stockdale & Leggo Reservoir | View |
| 1/98 Royal Pde, Reservoir | 3 | | Townhouse (Res) | Auction Sale | 20/07/2024 | Nelson Alexander | View |
| 9 Zinnia St, Reservoir | 5 | | House (Res) | Passed in at Auction | 20/07/2024 | hockingstuart | View |
| 4/13 Dundee St, Reservoir | 3 | | Townhouse (Res) | Sold Before Auction | 3/07/2024 | Ray White | View |
Sales data
Median sale price
$925k
Quarterly price change
-2%
Metro Melbourne Comparison
$912k
-1.5%
| Bedrooms | Reservoir | Metro comparison |
|---|---|---|
| 2 | $755,000 | $902,500 |
| 3 | $895,000 | $810,000 |
| 4 | $1,160,000 | $955,000 |
| Insight | Reservoir | Metro comparison |
|---|---|---|
| Clearance rate | 69.4% | 73.8% |
| Days on market | 44 | 42 |
Rental data
Median weekly rent
$500
Rental yield
2.8%
Metro Melbourne Comparison
$560
3.2%
| Bedrooms | Reservoir | Metro comparison |
|---|---|---|
| 2 | $450 | $550 |
| 3 | $528 | $540 |
| 4 | $690 | $580 |
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