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 |
|---|---|---|---|---|---|---|---|
| 2/14 Allenby Av, Reservoir | 3 |  | Unit | Auction Sale | 25/07/2025 | Nelson Alexander | View |
| 1/47 Boldrewood Pde, Reservoir | 2 |  | Unit | Auction Sale | 25/07/2025 | Woodards | |
| 3/196 Edwardes St, Reservoir | 3 |  | Townhouse | Auction Sale | 25/07/2025 | Ray White | View |
| 20 Lindenow St, Reservoir | 4 |  | House | Auction Sale | 25/07/2025 | McGrath | |
| 2/9 Orrong Av, Reservoir | 2 |  | Unit | Auction Sale | 25/07/2025 | Nelson Alexander | View |
| 2/1-3 Mcfadzean Av, Reservoir | 2 |  | Unit | Sold Before Auction | 23/07/2025 | Ray White | View |
| 5/70 Yarra Av, Reservoir | 3 |  | Unit | Sold Before Auction | 20/07/2025 | Nelson Alexander | View |
| 3/54 Cheddar Rd, Reservoir | 2 |  | Townhouse | Private Sale | 18/07/2025 | Ray White | View |
| 149 Spring St, Reservoir | 3 |  | House | Private Sale | 18/07/2025 | Barry Plant | View |
| 1/24 Barry St, Reservoir | 3 |  | Townhouse | Sold Before Auction | 17/07/2025 | Jellis Craig | View |
| 43 Liston Av, Reservoir | 4 |  | House | Sold Before Auction | 14/07/2025 | Jellis Craig | View |
| 13 Borrie St, Reservoir | 3 |  | House | Private Sale | 2/07/2025 | Ray White | |
| 5 Broadhurst Av, Reservoir | 4 |  | House | Auction Sale | 25/07/2025 | Ray White | View |
| 1/8 Jean St, Reservoir | 2 | | Townhouse | Auction Sale | 25/07/2025 | Nelson Alexander | View |
| 15 Nocton St, Reservoir | 3 | | House | Passed in Vendor Bid | 25/07/2025 | Nelson Alexander | View |
| 3/46 Barton St, Reservoir | 3 | | Unit | Sold Before Auction | 23/07/2025 | Raine & Horne Glenroy | View |
| 10 Greenock St, Reservoir | 3 | | House | Sold Before Auction | 22/07/2025 | Barry Plant | View |
| 19B Liston Av, Reservoir | 3 | | Townhouse | Sold Before Auction | 22/07/2025 | Harcourts | View |
| 7/767 High St, Reservoir | 2 | | Unit | Private Sale | 13/07/2025 | Mcgrath | View |
| 3/115 Cuthbert Rd, Reservoir | 3 | | Unit | Private Sale | 8/07/2025 | Love & Co |
Sales data
Median sale price
$915k
Quarterly price change
0.8%
Metro Melbourne Comparison
$924k
0.4%
| Bedrooms | Reservoir | Metro comparison |
|---|---|---|
| 2 | $751,500 | $890,000 |
| 3 | $879,500 | $815,000 |
| 4 | $1,110,000 | $950,000 |
| Insight | Reservoir | Metro comparison |
|---|---|---|
| Clearance rate | 72.7% | 79.5% |
| Days on market | 49 | 39 |
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 | $650 | $600 |
Find a REIV member
Real estate professionals in your area with the right skills, the best knowledge and proven expertise.