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
14 Barron St, Reservoir3PriceHouseAuction Sale11/04/2025Ray WhiteView
27 Cheddar Rd, Reservoir3PriceHousePassed in Vendor Bid11/04/2025Ray WhiteView
14 Corvey Rd, Reservoir3PriceHouseAuction Sale11/04/2025Walshe & WhitelockView
1/45 Crookston Rd, Reservoir4PriceHousePassed in at Auction11/04/2025Ray WhiteView
3/177 Edwardes St, Reservoir2PriceUnitAuction Sale11/04/2025Ray WhiteView
37 Hughes Pde, Reservoir3PriceHouseAuction Sale11/04/2025Ray WhiteView
78 Lloyd Av, Reservoir3PriceHouseAuction Sale11/04/2025HarcourtsView
16 Oulton Cr, Reservoir4PriceHousePassed in at Auction11/04/2025Ray WhiteView
147 Rathcown Rd, Reservoir3PriceHouseAuction Sale11/04/2025Barry PlantView
10 Vale St, Reservoir3PriceHouseAuction Sale11/04/2025Barry PlantView
5/12 Willoughby St, Reservoir2PriceUnitAuction Sale11/04/2025Barry PlantView
4/17 Dundee St, Reservoir2PriceUnitSold Before Auction9/04/2025hockingstuartView
4/27 Invermay St, Reservoir2PriceUnitPrivate Sale7/04/2025Barry Plant
4/50 St Vigeons Rd, Reservoir2PriceUnitPrivate Sale4/04/2025Ray WhiteView
22 Compton St, Reservoir3PriceHousePrivate Sale31/03/2025Barry Plant
24 Compton St, Reservoir3PriceHousePrivate Sale31/03/2025Barry Plant
69 Keon Pde, Reservoir2PriceHousePrivate Sale23/03/2025Barry Plant
88 Massey Av, Reservoir3PriceHousePassed in Vendor Bid11/04/2025FletchersView
3/23 Lake St, Reservoir3PriceTownhouseSold Before Auction2/04/2025Barry PlantView

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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