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 Banbury Rd, Reservoir2PriceHouseAuction Sale4/07/2025HarcourtsView
1/1 Box St, Reservoir2PriceTownhouseAuction Sale4/07/2025Ray WhiteView
5C Colthur St, Reservoir2PriceUnitPassed in at Auction4/07/2025Ray WhiteView
38 Frankston St, Reservoir3PriceHouseAuction Sale4/07/2025Nelson AlexanderView
2/30 Goulburn Av, Reservoir2PriceUnitAuction Sale4/07/2025Ray White BundooraView
10A Kia Ora Rd, Reservoir3PriceHouseAuction Sale4/07/2025Nelson AlexanderView
2/33 Nisbett St, Reservoir2PriceTownhousePassed in Vendor Bid4/07/2025Ray WhiteView
166 Purinuan Rd, Reservoir3PriceHouseAuction Sale4/07/2025Love & CoView
13A Ramleh Rd, Reservoir3PriceHouseAuction Sale4/07/2025Ray WhiteView
3/89 Thackeray Rd, Reservoir2PriceTownhousePassed in at Auction4/07/2025Ray White NorthcoteView
1/86 Tyler St, Reservoir3PriceTownhouseAuction Sale4/07/2025Barry PlantView
31 Barry St, Reservoir2PriceHousePrivate Sale2/07/2025Barry Plant Ivanhoe
2/54 Newton St, Reservoir2PriceUnitPrivate Sale1/07/2025Woodards
1 Romsey St, Reservoir2PriceHousePrivate Sale25/06/2025Barry PlantView
3/14 Drysdale St, Reservoir2PriceUnitPrivate Sale22/06/2025Barry PlantView
214/76 Tyler St, Reservoir2PriceApartmentPrivate Sale20/06/2025Ray WhiteView
3/30 Orrong Av, Reservoir3PriceTownhousePrivate Sale19/06/2025Barry PlantView
5/20-22 Thackeray Rd, Reservoir2PriceTownhousePrivate Sale18/06/2025Barry PlantView
5/38 Pickett St, Reservoir2PriceTownhousePrivate Sale17/06/2025Barry PlantView
1/35 Whitelaw St, Reservoir3PriceTownhouseAuction Sale4/07/2025HarcourtsView
7 Wilkinson St, Reservoir3PriceTownhousePrivate Sale26/06/2025Nelson AlexanderView

Sales data

Median sale price
$915k
Quarterly price change
0.8%
Metro Melbourne Comparison
$924k
0.4%
BedroomsReservoirMetro comparison
2$751,500$890,000
3$879,500$815,000
4$1,110,000$950,000
InsightReservoirMetro comparison
Clearance rate72.7%79.5%
Days on market4939

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$650$600
Median data for the current quarter
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