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 |
|---|---|---|---|---|---|---|---|
| 10B Carrington Rd, Reservoir | 5 |  | House | Passed in Vendor Bid | 15/08/2025 | Nelson Alexander | View |
| 16 Goulburn Av, Reservoir | 8 |  | House | Auction Sale | 15/08/2025 | VICPROP | View |
| 7 Gourock St, Reservoir | 3 |  | House | Auction Sale | 15/08/2025 | Ray White | View |
| 14/957-961 High St, Reservoir | 2 | | Townhouse | Passed in at Auction | 15/08/2025 | Mann Estate Agents | View |
| 31 Joffre St, Reservoir | 3 |  | House | Passed in Vendor Bid | 15/08/2025 | Jellis Craig | View |
| 2/135 North Rd, Reservoir | 3 |  | Unit | Auction Sale | 15/08/2025 | Ray White | View |
| 1/46-48 Orrong Av, Reservoir | 3 |  | Unit | Auction Sale | 15/08/2025 | Nelson Alexander | View |
| 8 Muriel Ct, Reservoir | 3 |  | House | Sold Before Auction | 13/08/2025 | Harcourts | View |
| 5/97-99 Hickford St, Reservoir | 3 |  | Townhouse | Sold Before Auction | 12/08/2025 | Nelson Alexander | View |
| 4 Don St, Reservoir | 3 |  | House | Private Sale | 10/08/2025 | Ray White | |
| 1/49 Storey Rd, Reservoir | 2 |  | Townhouse | Sold Before Auction | 8/08/2025 | Barry Plant | View |
| 2/77 Rathcown Rd, Reservoir | 2 |  | Townhouse | Sold Before Auction | 5/08/2025 | Ray White Northcote | View |
| 2 Davidson St, Reservoir | 4 |  | House | Private Sale | 24/07/2025 | Barry Plant | View |
| 30A Dwyer Av, Reservoir | 4 | | Townhouse | Private Sale | 12/08/2025 | hockingstuart | View |
| 6/87 Radford Rd, Reservoir | 2 | | Townhouse | Private Sale | 10/08/2025 | Barry Plant |
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 |
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