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 |
---|---|---|---|---|---|---|---|
1/95 Darebin Blvd, Reservoir | 3 | Townhouse (Res) | Auction Sale | 14/02/2025 | Ray White | View | |
132 Edwardes St, Reservoir | 3 | House (Res) | Auction Sale | 14/02/2025 | Love Commercial | ||
10 Mcpherson St, Reservoir | Land (Res) | Passed in at Auction | 14/02/2025 | hockingstuart | View | ||
21 Summerhill Rd, Reservoir | 2 | House (Res) | Passed in at Auction | 14/02/2025 | Ray White | View | |
66 Whitelaw St, Reservoir | 3 | House (Res) | Auction Sale | 14/02/2025 | Ray White | View | |
1/30 Thackeray Rd, Reservoir | 3 | House (Res) | Auction Sale | 4/02/2025 | Nelson Alexander | View | |
1/7 Steane St, Reservoir | 3 | Townhouse (Res) | Private Sale | 28/01/2025 | Ray White | ||
2C Taylor Av, Reservoir | 2 | Townhouse (Res) | Auction Sale | 14/02/2025 | Biggin & Scott | View |
Sales data
Median sale price
$890k
Quarterly price change
-0.7%
Metro Melbourne Comparison
$895k
-2.1%
Bedrooms | Reservoir | Metro comparison |
---|---|---|
2 | $745,000 | $888,000 |
3 | $890,000 | $807,000 |
4 | $1,120,000 | $950,000 |
Insight | Reservoir | Metro comparison |
---|---|---|
Clearance rate | 70% | 72.6% |
Days on market | 47 | 43 |
Rental data
Median weekly rent
$550
Rental yield
3.2%
Metro Melbourne Comparison
$580
3.3%
Bedrooms | Reservoir | Metro comparison |
---|---|---|
2 | $480 | $575 |
3 | $550 | $550 |
4 | $680 | $600 |
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