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
8/29-31 Ashley St, Reservoir2PriceUnitAuction Sale28/03/2025Ray WhiteView
17 Bourke St, Reservoir3PriceHouse (Res)Auction Sale28/03/2025hockingstuartView
7 Mcivor St, Reservoir3PriceHouse (Res)Auction Sale28/03/2025Jellis CraigView
17B Myrtle Gr, Reservoir3PriceHouse (Res)Passed in at Auction28/03/2025Barry PlantView
2 Taylor Av, Reservoir3PriceHouse (Res)Passed in Vendor Bid28/03/2025Ray White NorthcoteView
98 Wilson Blvd, Reservoir4PriceHouse (Res)Auction Sale28/03/2025Barry Plant
114 Spring St, Reservoir3PriceHouse (Res)Passed in at Auction27/03/2025Ray WhiteView
6 Arbor Av, Reservoir5PriceHouse (Res)Sold Before Auction26/03/2025FletchersView
4/2 Barry St, Reservoir2PriceTownhouse (Res)Sold Before Auction26/03/2025Ray WhiteView
16B Glasgow Av, ReservoirPriceLand (Res)Private Sale26/03/2025hockingstuart
5/37 Barton St, Reservoir2PriceUnitSold Before Auction25/03/2025THE BISI AGENTView
22 Sturdee St, Reservoir3PriceHouse (Res)Sold Before Auction24/03/2025Ray White NorthcoteView
195 Edwardes St, Reservoir3PriceHouse (Res)Sold Before Auction18/03/2025Ray WhiteView
31 Rathcown Rd, Reservoir5PriceHouse (Res)Private Sale18/03/2025Barry PlantView
4/79 St Vigeons Rd, Reservoir3PriceTownhouse (Res)Private Sale11/03/2025Ray White
3/54-56 St Vigeons Rd, Reservoir2PriceUnitPrivate Sale10/03/2025Barry Plant
2/17 Summerhill Rd, Reservoir2PriceTownhouse (Res)Private Sale26/02/2025Barry Plant
76 Pallant Av, Reservoir3PriceHouse (Res)Auction Sale28/03/2025Ray WhiteView
7 Ashley St, Reservoir2PriceHouse (Res)Private Sale17/03/2025MilesView
40A York St, Reservoir4PriceHouse (Res)Sold Before Auction17/03/2025Claudio + Marwan Residential - Eview GroupView
10 Tunaley Pde, Reservoir3PriceHouse (Res)Private Sale14/03/2025Barry 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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